1200 Lake City HwyWarsaw, IN 46580

Property Details for 1200 Lake City Hwy

Year built

2012

Construction

TYPE NOT SPECIFIED

Lot size

31.00 AC

Property size (Sq ft)

188,659 SF

Zone code

C-3 A

Property type

Outlet malls

APN

43-11-04-400-013.000-032

APU

431104400013000032

Description

This exceptional 803-square-foot retail space offers a unique "store-within-a-store" opportunity inside a high-traffic Meijer location in Kosciusko County. Benefit from a prime, front-of-store position ensuring maximum visibility and access to thousands of weekly shoppers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying your operational costs. Interior and exterior branding opportunities are available, maximizing your exposure to Meijer's substantial customer base. This space is situated in a thriving trade area with strong demographics, making it ideal for a variety of businesses. The fixed monthly fee structure provides predictable expenses, allowing for better budgeting and financial planning. This turnkey solution is perfect for businesses seeking high foot traffic and immediate brand recognition within a well-established retail environment. The location's strategic placement within the Meijer store guarantees consistent customer flow and interaction. Consider this opportunity to establish your business in a high-demand, easily accessible location within a well-known Midwest retail destination. The space is currently vacant and ready for immediate occupancy. This is an exceptional opportunity to capitalize on the established customer base and high visibility of a Meijer location.

• CAP approach

  CAP return

  Valuation

  6%

  $52,160,264

  6.5%

  $48,147,936

  7%

  $44,708,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $61,923,544

  Geo Method

  $61,923,544

• Alternative Use

  Use

  Valuation

  Residential

  $40,614,588

  Hospitality

  $37,202,744

  Educational

  $30,952,246

  Medical

  $32,016,740

  Retail

  $48,147,936

Location Insight

City

Warsaw

County

Kosciusko

State

Indiana

Latitude

41.2601

Longitude

-85.841

CBSA code

47700

CBSA name

WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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