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I Heritage Square 7603-7605 Highway 311

54,913 SF 100% Leased Retail Building Sellersburg, IN 47172 £6,361,657 (£116/SF) 7.50% Net Initial Yield

Investment Highlights

  • Top-performing Jay C Foods Anchored | Recent Renewal | 100% Occupied | Strong E-Commerce Tenant Line-up
  • Strong Demographics In 5-Mile Trade Area | Affluent Six-figure AHHI
  • Excellent Location | Quick Access to Interstate-65 (87,400 VPD)

Attachments

Sellersburg IN - Heritage Square Shopping Center OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
54,913 SF
Building Class
C
Year Built/Renovated
1987/2020
Price
£6,361,657
Price Per SF
£116
Net Initial Yield
7.50%
NOI
£477,146
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
8.68 AC
Zoning
TC - Town Center
Parking
226 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
800 ft on In-60 Hwy

Amenities

  • Pylon Sign
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Nearby Major Retailers

WesBanco
Chase Bank
JayC Food Stores
PNC Bank
Cracker Barrel Old Country Store
Waffle & Steak

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-17-10-800-808.000-031
  • 10-17-10-800-809.000-031
 Improvements Assessment £4,328,349
Land Assessment £517,579 Total Assessment £4,845,927

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-17-10-800-808.000-031
  • 10-17-10-800-809.000-031
Land Assessment
£517,579
Improvements Assessment
£4,328,349
Total Assessment
£4,845,927
(502) 442-7074

Contacts

  • Listing ID: 34258084

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 7603-7605 Highway 311, Sellersburg, IN 47172

The Retail Property at 7603-7605 Highway 311, Sellersburg, IN 47172 is currently available for sale. Contact SRS National Net Lease for more information.

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Sellersburg IN - Heritage Square Shopping Center
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Sellersburg IN - Heritage Square Shopping Center OM
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Sellersburg IN - Heritage Square Shopping Center OM
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Sellersburg IN - Heritage Square Shopping Center OM

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Morgan Zant

(502) 442-7074

(502) 442-7074

Sarah Shanks

(502) 442-7079

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(502) 791-9762

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