Settlers Crossing
Property Type: Retail | Property Status: Sold
Property Details
Price: $2,525,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type: NNN
Location Info
Address: 1327 E. Hackberry Street
City: Salem
State: IN
Zip: 47167
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of Settlers Crossing, a county seat retail shopping center built in 2017 shadow anchored by Walmart Supercenter and other high-traffic generating outlots.
Details
Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investment group based in Ohio. The all-cash, private investment buyer went from contract to close is nearly 30 days and purchased the property for over $2,525,000, representing a 9% CAP rate. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit online at www.CooperGrp.com for the most up-to-date listings and information, stay connected, “Like” them on Facebook and follow on Twitter @TheCooperGrp.