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706 Trafalgar Pointe Way
Trafalgar, IN 46181

Trafalgar Pointe · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,200 SF
Building Class
C
Year Built
2009
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.75 AC
Parking
50 Spaces (6.94 Spaces per 1,000 SF Leased)
Frontage
304 FT on IN-252

About 706 Trafalgar Pointe Way , Trafalgar, IN 46181

Marcus & Millichap is pleased to present for your acquisition review Trafalgar Pointe in Trafalgar, Indiana. The subject property is a 7,200 square foot building, three-tenant retail center situated on 1.85 acres. The center sits at the signalized corner of Indiana Highway 252 and Indiana Highway 135, next do a CVS Pharmacy and adjacent to Indian Creek High School. The city of Trafalgar is just 25 miles south of Indianapolis. Trafalgar Pointe is comprised of 3 suites and is anchored by McDonald’s which occupies 3,000 square feet. McDonald’s currently has over six years left on their lease, with a 6 percent rent increase in 2019 and additional 10 percent rent increases every 5 years after that. McDonald’s capitalizes off of the complete lack of fast food and quick-service restaurants in Trafalgar. There are currently 2 vacant suites, which provides an excellent opportunity to add value to the deal in leasing the 2 spaces. There is a current LOI pending for Suite B and McDonald’s does have a right of first refusal for this space. The pending LOI would be a five year gross lease at $14.00 per square foot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-10-12-022-048.000-016
Land Assessment
$75,600
Improvements Assessment
$989,300
Total Assessment
$1,064,900
  • Listing ID: 13354978

  • Date on Market: 8/1/2018

  • Last Updated:

  • Address: 706 Trafalgar Pointe Way, Trafalgar, IN 46181

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