951 Lewis And Clark Pkwy Clarksville, IN 47129-7400
For Lease
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This exceptional 308,291 square-foot shopping center in Clarksville, Indiana, presents a compelling investment opportunity. Shadow-anchored by a 286,000 square-foot Bass Pro Shops (the second largest in the U.S.), this multi-tenant property boasts a remarkable 97% occupancy rate. Its strategic location at the I-65 freeway on/off ramp ensures high visibility and accessibility, with an estimated 80,000 cars passing daily. The center benefits from a strong tenant base, with 90% national and regional tenants, and 67% having occupied the space since at least 2013. Significant renovations were completed in 2013 to the Value City Furniture/Fun City Trampoline Park, including facade, parking lot, roof, HVAC, landscaping, and utilities. The property sits on 24.25 acres and was built in 1991. Located within the Clarksville Redevelopment District, this asset benefits from a thriving market with a 2.3% unemployment rate and projected 36% population growth over ten years. The property's location within the Louisville, KY MSA (1.2 million people) further enhances its appeal. The substantial regional draw of the Bass Pro Shops, with 45% of shoppers traveling over 30 miles, contributes to the property's exceptional performance and significant upside potential. APN: 10-24-03-200-949.000-013, 10-24-03-200-950.000-013, 10-24-03-200-951.000-013, 10-24-03-200-954.000-013. Address: 951 East Lewis and Clark Parkway, Clarksville, IN 47129.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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Property description
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Risks
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