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Shopping Strip

Clinton Plaza

2449 E Wabash St, Frankfort, IN 46041

Listing Price: $1,895,000

Cap Rate
8.69%
Gross SF
20,008
Rentable SF
20,008
Price/Gross SF
$94.71
Lot Size
1.08 acres
Year Built
1986

Investment Overview

The Clinton Plaza is a 20,008-square-foot shopping center constructed in 1986, and situated on 1.08 acres in Frankfort, Indiana. Clinton Plaza is 100 percent occupied with a great mix of service-oriented tenants. Property sits on East Wabash Street which is the major retail corridor of the city. Clinton Plaza is an out-lot to Rural King and directly across the street is a Wal-Mart Supercenter. There is a total of seven retail tenants.

Investment Highlights

  • Anytime Fitness Just Signed a New 10-year Lease
  • Roof Was Replaced in 2015 With 15 Year Warranty
  • Out-lot to Rural King and Across the Street From Wal-Mart Supercenter

Exclusively Listed By

  • David B. Tarnoff

    First Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

  • Patrick Suffield

    Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960

    Chicago Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $1,895,000

Cap Rate
8.69%
Gross SF
20,008
Rentable SF
20,008
Price/Gross SF
$94.71
Lot Size
1.08 acres
Year Built
1986

Investment Highlights

  • Anytime Fitness Just Signed a New 10-year Lease
  • Roof Was Replaced in 2015 With 15 Year Warranty
  • Out-lot to Rural King and Across the Street From Wal-Mart Supercenter

Investment Overview

The Clinton Plaza is a 20,008-square-foot shopping center constructed in 1986, and situated on 1.08 acres in Frankfort, Indiana. Clinton Plaza is 100 percent occupied with a great mix of service-oriented tenants. Property sits on East Wabash Street which is the major retail corridor of the city. Clinton Plaza is an out-lot to Rural King and directly across the street is a Wal-Mart Supercenter. There is a total of seven retail tenants.

Exclusively Listed By

  • David B. Tarnoff

    First Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

  • Patrick Suffield

    Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960

    Chicago Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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