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1325 Clifty Dr
Madison, IN 47250
Retail Property For Sale
PROPERTY FACTS
About 1325 Clifty Dr , Madison, IN 47250
Cushman & Wakefield Retail Investment Advisors presents Madison Center, a fully occupied property that consists of 65,195 SF and is anchored by Big Lots and Family Dollar. This 4-tenant center boasts approximately 90% national credit and an average base rent of $2.69/SF. Big Lots occupies 50,120 square feet at $2.04, Family Dollar pays $4.02 in 8,250 square feet, and Anytime Fitness occupies 6,700 square feet at $5.20. Also included in this offering is a German American Bank ATM that’s located in the parking lot along Clifty Drive. Madison Center incorporates two separate parcels that combine for 10.94 acres, leaving ample room for an outlot development in excess of 1 acre in front of the shopping center. Big Lots continues to post year-over-year sales growth, exceeding $3.6M in a trailing 12-month period (4.1% occupancy cost). Family Dollar sales also grew over the last several years and now exceed $747,000, which equates to an occupancy cost of 4.7%.
PROPERTY TAXES
Parcel Number | 39-08-21-000-027-000-007 | Improvements Assessment | $780,400 |
Land Assessment | $525,000 | Total Assessment | $1,305,400 |
PROPERTY TAXES
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Listing ID: 11984185
Date on Market: 3/20/2018
Last Updated:
Address: 1325 Clifty Dr, Madison, IN 47250
The Retail Property at 1325 Clifty Dr, Madison, IN 47250 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.