3900 Market StLogansport, IN 46947

Property Details for 3900 Market St

Year built

1969

Construction

TYPE NOT SPECIFIED

Lot size

11.69 AC

Property size (Sq ft)

77,552 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

09-17-28-200-014.000-010

APU

91728200014000010

Description

The Junction, located at 3900-3902 E Market St, Logansport, IN 46947, offers exceptional retail space for lease within a vibrant regional mall redevelopment. This multi-tenant property boasts a total of six suites, with available spaces ranging from 1,500 to 10,924 square feet. The minimum divisible space is 10,924 square feet, providing flexibility for various business needs. Currently, there is one space immediately available. This prime location benefits from strong anchor tenants, including a Walmart and Home Depot, providing significant traffic and visibility. The property is experiencing exciting growth with the imminent arrival of Marshalls, Ollie's Bargain Outlet, and Five Below, further enhancing the shopping destination's appeal and drawing a larger customer base. This presents a unique opportunity to establish a presence in a thriving retail environment with significant potential for growth and success. The property is situated in Cass County and offers a strategic location for businesses seeking to capitalize on the area's robust retail market. Interested parties are encouraged to inquire about lease terms and availability for this exceptional retail opportunity. The property's location within a revitalized mall ensures high foot traffic and visibility, making it an ideal location for a variety of retail businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $21,441,504

  6.5%

  $19,792,158

  7%

  $18,378,432

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,454,892

  Geo Method

  $25,454,892

• Alternative Use

  Use

  Valuation

  Residential

  $16,695,426

  Hospitality

  $15,292,921

  Educational

  $12,723,530

  Medical

  $13,161,112

  Retail

  $19,792,158

Location Insight

City

Logansport

County

Cass

State

Indiana

Latitude

40.7589

Longitude

-86.3137

CBSA code

30900

CBSA name

LOGANSPORT, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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