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Miscellaneous

Shoe Carnival

360 Silhavy Rd, Valparaiso, IN 46383

Listing Price: $2,959,400

Cap Rate
6.00%
Tenant Name
Shoe Carnival
Years Remaining On Lease
4.6
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$295.94
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.76

Investment Overview

Located within Valparaiso Marketplace – the 6th Most Trafficked Center in Indiana | Shadowed by Major Retailers such as Home Depot, Kohl’s, and Menards Located Close to Valparaiso University and Ivy Tech Community College Excellent Frontage and Access from Silhavy Road (21,418 VPD) | Access from Laporte Avenue (23,389 VPD| Close Proximity to IN-49 Interchange (29,488 VPD) Extremely Strong Unit-Level Performance | Very Low Rent-to-Sales Ratio – See Listing Agents Corporate Guarantee – Shoe Carnival, Inc. | Secure, Stable Cash Flow In 3Q 2021, Shoe Carnival Reported Best Quarter in Company’s 43-Year History Built-to-Suit for Shoe Carnival | Zero Deferred Maintenance | Strong Demographics: Five-Mile Average Household Income Totals $99,605

Investment Highlights

  • Located within Valparaiso Marketplace – the 6th Most Trafficked Center in Indiana | Shadowed by Major Retailers such as Home Depot, Kohl's, and Menards
  • Extremely Strong Unit-Level Performance | Very Low Rent-to-Sales Ratio – See Listing Agents
  • In 3Q 2021, Shoe Carnival Reported Best Quarter in Company's 43-Year History
  • Excellent Frontage and Access from Silhavy Road (21,418 VPD) | Access from Laporte Avenue (23,389 VPD)| Close Proximity to IN-49 Interchange (29,488 VPD)

Exclusively Listed By

Financing By

Miscellaneous

Shoe Carnival

Listing Price: $2,959,400

Cap Rate
6.00%
Tenant Name
Shoe Carnival
Years Remaining On Lease
4.6
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$295.94
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.76

Investment Highlights

  • Located within Valparaiso Marketplace – the 6th Most Trafficked Center in Indiana | Shadowed by Major Retailers such as Home Depot, Kohl's, and Menards
  • Extremely Strong Unit-Level Performance | Very Low Rent-to-Sales Ratio – See Listing Agents
  • In 3Q 2021, Shoe Carnival Reported Best Quarter in Company's 43-Year History
  • Excellent Frontage and Access from Silhavy Road (21,418 VPD) | Access from Laporte Avenue (23,389 VPD)| Close Proximity to IN-49 Interchange (29,488 VPD)

Investment Overview

Located within Valparaiso Marketplace – the 6th Most Trafficked Center in Indiana | Shadowed by Major Retailers such as Home Depot, Kohl’s, and Menards Located Close to Valparaiso University and Ivy Tech Community College Excellent Frontage and Access from Silhavy Road (21,418 VPD) | Access from Laporte Avenue (23,389 VPD| Close Proximity to IN-49 Interchange (29,488 VPD) Extremely Strong Unit-Level Performance | Very Low Rent-to-Sales Ratio – See Listing Agents Corporate Guarantee – Shoe Carnival, Inc. | Secure, Stable Cash Flow In 3Q 2021, Shoe Carnival Reported Best Quarter in Company’s 43-Year History Built-to-Suit for Shoe Carnival | Zero Deferred Maintenance | Strong Demographics: Five-Mile Average Household Income Totals $99,605

Exclusively Listed By

Financing By

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