4301-4400 Franklin St | Michigan City, IN 46360
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- LoopNet Team
4301-4400 Franklin St
Michigan City, IN 46360
Lake Park Plaza · Retail Property For Sale
Investment Highlights
- 114,867 Square Foot Hobby Lobby Anchored Center
- JOANN (13% of GLA) has 5 years remaining in their term
- High Yield Investment Priced Below Replacement Cost
- Hobby Lobby (46% of GLA) has over 9 years of term remaining
- CitiTrends (10% of GLA) has 5 years remaining in their term
- Secure Cash Flow
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
114,867 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
21.85 AC
Parking
934 Spaces
Frontage
299 FT on Franklin Street
Amenities
- Pylon Sign
- Restaurant
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,983,700 | |
| Land Assessment | $1,769,200 | Total Assessment | $4,752,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,769,200
Improvements Assessment
$2,983,700
Total Assessment
$4,752,900
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