Offering Memorandum
Investment Sale
At Home & Planet Fitness
1500 Greentree Blvd
Clarksville, Indiana
Clarksville, Indiana
eCode:097i
Sales Price
$7,058,824
NOI
$600,000
Cap Rate
8.50%
Building Size
112,437 SF
Lot Size
9.48 AC
Year Built
1968 / Renov. 2021
Anchor(s)
At Home
Planet FitnessÂ
Traffic Count
E Lewis and Clark Pkwy (11,895 CPD)
US-31 (69,362 CPD)
Highlights
- Strong Performing National Anchors
- Long Standing Tenant Operating History
- Value-Add Through Lease-Up & Recapture
- Long-Term Leases with Strong Covenants
- Adjacent to Top Regional Retailers
- Highly Stable Retail Corridor
- Recent Capital Improvements
- Dense Affluent Demographics
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 7,487 | 63,365 | 167,427 |
| Household Income | $68,094 | $79,697 | $79,548 |
| Daytime Pop | 5,168 | 27,352 | 116,591 |
SIMILAR PROPERTIES
Single-Tenant
1035 N Susquehanna Trail
Selinsgrove, Pennsylvania
$2,400,000 | 3,265 SF
Selinsgrove, Pennsylvania
$2,400,000 | 3,265 SF
Single-Tenant
33703 Van Dyke Ave
Sterling Heights, Michigan
$3,627,787 | 7,170 SF
Sterling Heights, Michigan
$3,627,787 | 7,170 SF
