Shopping Strip
Sleep Number Three-Tenant Center | All New Construction
1980 N National Rd, Columbus, IN 47201
Listing Price: $3,765,500
Investment Overview
High Visibility/High Exposure Location: 47,261 Vehicles per Day in Front of Center | Surrounded by 2.7 Million SF of Retail within 2 Miles
Excellent Inflation Hedge: Stanton Optical Maintains 3 Percent Annual Rental Increases | Sleep Number and Cricket Wireless Each Have 10 Percent Rental Increases Every Five Years
Anchored by Sleep Number Corporate (NASADQ: SNBR) (2023 Revenue: $1.9B)
Corporate Stanton Optical (273 Locations in 29 States | Cricket Wireless - Relocation Store for Largest Authorized Retailer in US with 450+ Locations
Retail Corridor Includes Several Top Performing Tenants (Visits per Placer.AI): Top 2 Percent McDonalds in US, Top 4 Percent Kroger in US, #2 Rural King in Indiana, Top 8 Percent Wendy’s in US, Top 6 Percent Taco Bell in US, Top 3 Percent Dairy Queen in US, Top 4 Percent Burger King in US
As a City, Columbus Ranks Nationally in Many Categories: #1 US City for Manufacturers – Global Trade Magazine, #1 Metro in US For Affordability, Education & Growth Among Young Professionals – Pew Charitable Trust, #Top 5 US Small Metros for Attraction & Expansion Projects – Site Selection Magazine, #1 US Small Metro for Manufacturers – Business Facilities Magazine, #6 in US For Architectural Innovation and Design – American Institute of Architects
Columbus is International HQ for Cummins, Inc. with $34.1 Billion in 2023 Revenue | #129 on Fortune 500
Columbus is an Affluent Bedroom Community of Indianapolis with $89,000 AHHI within Five-Miles of Subject Property | Columbus MSA Includes 84,000 People with a Trade Area of 180,000
Investment Highlights
- New Class A Construction | 100 Percent Occupied Three-Tenant Center | Shadow-Anchored by Target
- Strategically Located at Hard Corner Across from Target-Anchored Columbus Center | Columbus Center is Ranked Top 21 Percent Nationwide for Community Centers with 3.5M Annual Visitors per Placer.ai
- Perfect for 1031 Exchange or Passive Investor: All Landlord-Friendly Leases with Triple-Net Admin/Management Passthrough
Exclusively Listed By
Shopping Strip
Sleep Number Three-Tenant Center | All New Construction
Listing Price: $3,765,500
Investment Highlights
- New Class A Construction | 100 Percent Occupied Three-Tenant Center | Shadow-Anchored by Target
- Strategically Located at Hard Corner Across from Target-Anchored Columbus Center | Columbus Center is Ranked Top 21 Percent Nationwide for Community Centers with 3.5M Annual Visitors per Placer.ai
- Perfect for 1031 Exchange or Passive Investor: All Landlord-Friendly Leases with Triple-Net Admin/Management Passthrough
Investment Overview
High Visibility/High Exposure Location: 47,261 Vehicles per Day in Front of Center | Surrounded by 2.7 Million SF of Retail within 2 Miles Excellent Inflation Hedge: Stanton Optical Maintains 3 Percent Annual Rental Increases | Sleep Number and Cricket Wireless Each Have 10 Percent Rental Increases Every Five Years Anchored by Sleep Number Corporate (NASADQ: SNBR) (2023 Revenue: $1.9B) Corporate Stanton Optical (273 Locations in 29 States | Cricket Wireless - Relocation Store for Largest Authorized Retailer in US with 450+ Locations Retail Corridor Includes Several Top Performing Tenants (Visits per Placer.AI): Top 2 Percent McDonalds in US, Top 4 Percent Kroger in US, #2 Rural King in Indiana, Top 8 Percent Wendy’s in US, Top 6 Percent Taco Bell in US, Top 3 Percent Dairy Queen in US, Top 4 Percent Burger King in US As a City, Columbus Ranks Nationally in Many Categories: #1 US City for Manufacturers – Global Trade Magazine, #1 Metro in US For Affordability, Education & Growth Among Young Professionals – Pew Charitable Trust, #Top 5 US Small Metros for Attraction & Expansion Projects – Site Selection Magazine, #1 US Small Metro for Manufacturers – Business Facilities Magazine, #6 in US For Architectural Innovation and Design – American Institute of Architects Columbus is International HQ for Cummins, Inc. with $34.1 Billion in 2023 Revenue | #129 on Fortune 500 Columbus is an Affluent Bedroom Community of Indianapolis with $89,000 AHHI within Five-Miles of Subject Property | Columbus MSA Includes 84,000 People with a Trade Area of 180,000
Exclusively Listed By

