Angola Shopping Center

Price: $1,869,000
Sq. Ft.: 10,063
Cap Rate: 8.0%
Built: 2002
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Angola Shopping Center is a 10,063-square-foot, multi-tenant retail center that is located in Angola, Indiana. The building is currently 100 percent occupied, and all leases are triple-net. The center is anchored by Rent-A-Center and features a strong tenant lineup including OneMain Financial, T-Mobile, and Malibu Tan. Constructed in 2002, the center is situated on a 1.05-acre parcel with ample paved parking. A double-sided monument sign provides additional exposure.

Angola Shopping Center is located near the signalized intersection of North Wayne Street (Indiana State Road 127) and Angola Trail with multiple ingress and egress points. Traffic counts along North Wayne Street (Indiana State Road 127) exceed 21,300 vehicles per day. The center is shadow-anchored by Walmart Supercenter; other neighboring national retailers include Kohl’s, Maurices, Great Clips, Dollar Tree, Menard’s, Meijer, Starbucks, Culver’s, Ollie’s Bargain Outlet, JOANN Fabric and Crafts, ALDI, Buffalo Wild Wings, Sherwin-Williams Paint Store, Tractor Supply Co., Hobby Lobby, Goodwill, Arby’s, McDonald’s, Domino’s Pizza, Taco Bell, Aspen Dental and many more. The average household income is $67,163 within three miles; $73,512 within five miles; and $76,809 within ten miles.

  • 10,063-Square-Foot Multi-Tenant Retail Center | Shadow-Anchored by Walmart
  • 100% Occupied | All Current Leases are Triple-Net
  • Anchored by Rent-A-Center | Long-Term Tenant in this Location for 12+ Years
  • Strong Tenant Base Comprised Largely of National and Regional Retailers | 75% of the Gross Leasable Area is Leased to Publicly Traded Companies: Rent-A-Center (NASDAQ: UPBD); OneMain Financial (NYSE: OMF); and T-Mobile (NASDAG: TMUS)
  • Located Near the Signalized Intersection of North Wayne Street (Indiana State Road 127) and Angola Trail | Multiple Ingress and Egress Points
  • Traffic Counts are Approximately 21,300 Vehicles per Day
  • Dense Retail Trade Area | Nearby Retailers Include Kohl’s, Maurices, Great Clips, Dollar Tree, Menard’s, Meijer, Starbucks, Culver’s, Ollie’s Bargain Outlet, ALDI, Tractor Supply Co., Hobby Lobby, Goodwill, and Many Others
  • Three-Mile Average Household Income is $67,163 | Five-Mile Average Household Income is $73,512 | 10-Mile Average Household Income is $76,809
  • Angola is a city in Pleasant Township, Steuben County, Indiana Located in Northeast Indiana