For Sale
$5,698,000

1209 Heaton StKnox, IN 46534

Knox, IN Retail Center - $5.6M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 85,406 square foot shopping center, built in 1975, presents a compelling investment opportunity. Located on a 10-acre lot in the heart of Knox, Indiana, at 1209 S Heaton St, 46534, this fully occupied Class B property boasts a diverse tenant mix. The center benefits from a strategic location near the intersection of two state highways, ensuring high visibility and traffic flow. This prime location is considered the best in Starke County for retail, supported by strong traffic counts. Two anchor tenants, Family Dollar and Tractor Supply Co., are secured with long-term leases, alongside several other businesses. Smaller spaces are enclosed, while larger tenants enjoy individual outdoor entrances. Ample parking is available for customers and employees. The property's commercial zoning allows for flexibility and future growth potential. Its proximity to Northwest Health Medical Center, Knox Community Elementary and High Schools, and various restaurants further enhances its desirability. The asking price is $5,698,000, with a price per square foot of $66.72. This represents a strong return on investment in a thriving retail market.

Highlights

  • 85,406 SF shopping center on a 10-acre lot in Knox, IN.
  • Fully occupied Class B property with a diverse tenant mix.
  • Prime retail location at 1209 S Heaton St, 46534, near the intersection of two state highways.
  • Anchored by Family Dollar and Tractor Supply Co. with long-term leases.
  • Ample parking and commercial zoning allowing for flexibility and future growth.
  • Asking price: $5,698,000 ($66.72/SF).

Property Details for 1209 Heaton St

Property type
Lifestyle centers, Power centers
Square Feet
85,406 SF
Year Built
1975
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Knox
County
Starke
State
Indiana
Latitude
41.2852446
Longitude
-86.6225272
1209 Heaton St, Knox, Indiana

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1209 Heaton St
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