Offering Memorandum

Investment Sale

AT&T and Hollywood Movies & Games

709 E Lewis & Clark Pkwy
Clarksville, Indiana

eCode:086i

Sales Price

$1,673,200

NOI

$125,490

Cap Rate

7.50%

Building Size

6,786 SF

Lot Size

1.12 AC

Year Built

1968 / Renov. 1995

Tenant Roster

  • AT&T
  • Hollywood Movies & Games

Traffic Count

E Lewis and Clark Pkwy (11,895 CPD)
US-31 (69,362 CPD)

Highlights

  • Prime Retail Corridor
  • Value-Add Opportunity with Near-Term Upside
  • Corporate AT&T Store
  • Part of the Growing Louisville MSA

Radius 1 mile 3 mile 5 mile
Population Density 8,668 65,096 177,508
Household Income $80,526 $78,058 $78,786
Daytime Pop 4,459 28,785 124,004

SIMILAR PROPERTIES

Single-Tenant
3980 Rivertown Parkway SW
Grandville, Michigan

$3,764,705 | 4,000 SF
Single-Tenant
1007 Memorial Rd
Houghton, Michigan

$4,117,647 | 14,550 SF
Multi-Tenant
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement