5500-5510 E New Margaret Dr
Terre Haute, IN 47803

The subject property is a newly constructed, multi-tenant retail center that is 100% leased to nationally known tenants, including Starbucks Coffee, ATI Physical Therapy, Great Clips, and AT&T. The subject property is ideally situated on a hard-corner outparcel to a newer Meijer Superstore (196,000 SF) and is served by an existing traffic signal. Located in the fastest growing submarket on the east-side of Terre Haute along heavily traveled State Road 46, this brand-new retail center is ideally positioned just one-half mile north of the Interstate 70 interchange, anchored by a dominant regional grocer and superstore (Meijer), perfectly positioned on the morning commute to the Terre Haute Regional Airport (1/2 mile north of subject property), and is viewed by over 20,000 vehicles daily on State Road 46. Construction of the building was completed in Summer 2019 and is now home to AT&T, ATI Physical Therapy, Starbucks, and Great Clips. As this multi-tenant center is new construction, the property will require little to no capital expenditures in the near term. Also, all of the Tenants reimburse for the center’s Operating Expenses (CAM, Real Estate Taxes, and Insurance) incurred at the Property, thereby eliminating any potential exposure to fluctuating expenses and optimizing the property's Net Operating Income. Starbucks Coffee is a globally recognized and iconic retail brand, while simultaneously being the dominant market leader in their business segment, with nearly 30,000 retail locations in 78 countries and boasting Total Revenue in 2018 at $24.7 Billion. ATI Physical Therapy is a nationally recognized leader in the rehabilitation field with over 6,000 clinical professionals and 850+ locations that treat over 400,000 patients annually. ATI Physical Therapy ranks No. 2 nationally in the physical therapy field, trailing only Select Medical. Prime Communications (AT&T Wireless) is the largest privately held Premium Authorized AT&T Retailer with 2,000+ AT&T mobility stores, 8,000+ employees nationwide, and over 20 years of successful operating experience. Future Keys, Inc. (Great Clips) is based in Indianapolis, and they own 66 hair salon locations in retail centers, and possess over 30 years of operating success as one of the largest Great Clips franchisees in the Midwest.