406 Smaltz Way Auburn, IN 46706
For Lease
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This exceptional Class A retail strip center, located at 406 Smaltz Way in Auburn, Indiana, presents a compelling investment opportunity. Built in 2022, the property boasts a total of 7,050 square feet across three suites, offering flexibility for various retail businesses. One suite, measuring 1,895 square feet, is currently available. The center sits on a 1.06-acre lot and provides ample parking with 35 spaces. Its convenient location at the intersection of SR 8 & Smaltz Way ensures high visibility and accessibility for customers. The property is zoned C-2, allowing for a wide range of commercial uses. The single-story building features modern construction and is well-maintained. The property's APN is 17-05-36-200-053.000-012, and it is situated in DeKalb County, Indiana, with a zip code of 46706. This is a rare opportunity to acquire a high-quality, newly constructed retail property in a thriving market. The property's strategic location and modern amenities make it an ideal investment for both owner-occupiers and investors seeking a strong return. The absence of elevators is noted, but the single-story design ensures easy access for all tenants and customers.
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F&M Bank - Auburn Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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