Shopping Strip
Gables of Avon Strip Center
9769 E US Hwy 36, Avon, IN 46123
Listing Price: $4,100,000
Investment Overview
This 100 percent occupied, shadow anchored retail center features net leases with limited landlord responsibilities and attractive rent escalations. Wild Eggs recently signed a new 10-year lease. Remodeled in 2019, the property is well-maintained and features two outdoor patios and a drive-thru. The property is located at a signalized intersection with 200 feet of frontage along Rockville Road, which sees over 44,000 vehicles per day. It benefits from excellent visibility and accessibility with two points of ingress/egress. Situated in a vibrant retail corridor, it is shadow-anchored by an ALDI, Academy Sports + Outdoors and Dollar Tree center and across from a Walmart Supercenter. Other nearby retailers include Starbucks, Target, Hobby Lobby, Ulta and more. The area is experiencing strong development activity and has seen significant population growth, fueled by its proximity to Indianapolis International Airport and major highway interchanges.
Gables of Avon Strip Center
Investment Highlights
- 100 Percent Occupied Center Featuring Attractive Lease Structures | New 10-Year Wild Egg Lease
- Well-Maintained Property | Remodeled in 2019 | Features Two Outdoor Patios and a Drive-thru
- Shadow-Anchored by an ALDI, Academy Sports + Outdoors, and Dollar Tree Center and Across from a Walmart Supercenter
- Signalized Intersection | 44,268 Vehicles Per Day on Route 36 and 5,464 Vehicles per Day on Gable Drive
- Area Experienced a 23 Percent Growth from 2010-2020 and is Anticipated to Grow Another 2.98 Percent by 2029 Within Three Miles of the Property
Listing Price: $4,100,000
Investment Highlights
- 100 Percent Occupied Center Featuring Attractive Lease Structures | New 10-Year Wild Egg Lease
- Well-Maintained Property | Remodeled in 2019 | Features Two Outdoor Patios and a Drive-thru
- Shadow-Anchored by an ALDI, Academy Sports + Outdoors, and Dollar Tree Center and Across from a Walmart Supercenter
- Signalized Intersection | 44,268 Vehicles Per Day on Route 36 and 5,464 Vehicles per Day on Gable Drive
- Area Experienced a 23 Percent Growth from 2010-2020 and is Anticipated to Grow Another 2.98 Percent by 2029 Within Three Miles of the Property
Investment Overview
This 100 percent occupied, shadow anchored retail center features net leases with limited landlord responsibilities and attractive rent escalations. Wild Eggs recently signed a new 10-year lease. Remodeled in 2019, the property is well-maintained and features two outdoor patios and a drive-thru. The property is located at a signalized intersection with 200 feet of frontage along Rockville Road, which sees over 44,000 vehicles per day. It benefits from excellent visibility and accessibility with two points of ingress/egress. Situated in a vibrant retail corridor, it is shadow-anchored by an ALDI, Academy Sports + Outdoors and Dollar Tree center and across from a Walmart Supercenter. Other nearby retailers include Starbucks, Target, Hobby Lobby, Ulta and more. The area is experiencing strong development activity and has seen significant population growth, fueled by its proximity to Indianapolis International Airport and major highway interchanges.
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