For Sale
$2,007,500

6295 Ameriplex Dr Portage, IN 46368

Two-Tenant Retail Center, 100% Occupancy

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional retail investment property in Portage, Indiana, offers a compelling opportunity. The 5,251 square foot building sits on a 1.15-acre lot and boasts 32 parking spaces. It features two tenants: a Starbucks with a drive-thru, operating under a lease extending to January 2033, and Fairway Indoor Golf, recently renovated and under a net lease with approximately two years remaining. The property enjoys a prime location at the entrance of AmeriPlex at the Port, a 387-acre mixed-use business/industrial park with strong national tenants and excellent access to I-94 (90,000 vehicles per day), Lake Michigan, and the Ports of Indiana at Burns Harbor. The property benefits from the robust population growth in Indiana and lower tax rates compared to neighboring areas. The current rent for Fairway Indoor Golf is below market value, presenting a potential value-add opportunity for future rental increases. The property's location within a thriving business park, near major transportation arteries, and in close proximity to significant employers, including Cleveland-Cliffs Inc. and U.S. Steel, ensures strong and consistent cash flow. The asking price is $2,007,500. The property is a single-story building with a net lease structure. The APN is 64-05-01-201-002.000-016. The address is 6295 Ameriplex Dr, Portage, IN 46368.

Property Details for 6295 Ameriplex Dr

Property type
Retail properties, Restaurants
Buildings
1
Stories
1
Lot Size (sq. ft)
50,094 SF
Units
2

Location Insight

City
Portage
County
Porter
State
Indiana
Latitude
41.606843363791
Longitude
-87.17250832047

FAQs

What type of property is this?
Retail property - Two-Tenant Retail Center, 100% Occupancy
Where is the retail property located?
The property is located at 6295 Ameriplex Dr Portage, IN.
What is the asking price?
The asking price for this property is $2,007,500.
How can I contact the broker?
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6295 Ameriplex Dr
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