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22,000 SF Redevelopment Opportunity

357 Tanger Boulevard : Seymour, IN 47474

Jackson County, Indiana

2.77 Acres
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22,000 SF Redevelopment Opportunity : Seymour : Jackson County : Indiana

Land Description

RI Marketplace Online Auction March 25-27, 2024.

Register to Bid on Marketplace.

Investment Highlights

Redevelopment Opportunity: Situated on 2.77 Acres and zoned Highway Commercial, ideal for redevelopment.

Situated at the Submarket's Dominant Intersection: Located at the intersection of I-65 and Us-50, which sees 68,000 vehicles per day.

Walmart's Long-Term Commitment: Walmart recently commenced construction on a investment into their distribution facility, just across the highway, solidifying Walmart's long term commitment to serving the city of Seymour.

Seymour Population Growth: Over the last 20 years, Seymour has benefited from a 20% growth in population which is expected to grow by 3-4% in the next five years.

Offering Summary

Atlantic Capital Partners, in conjunction with RI Marketplace, is pleased to offer for sale 357 Tanger Boulevard, a former Regal Cinema located in Seymour, Indiana. This 22,273 SF asset sits on a 2.77 AC and is ideally situated at the intersection of I-65 and Us-50 which sees 38,000 and 30,000 vehicles per day, respectively.

357 Tanger Blvd is located less than 1-mile from Home Depot and Walmart Supercenter and less than 2 miles from downtown, all of which enhance daily traffic to the submarket and exposure to the asset. Additionally, the Property is positioned opposite the highway from a Walmart Distribution Center which just commenced construction on a investment into that property to enhance efficiency through the addition of robotics, automation, and AI-powered systems. 357 Tanger Boulevard is unencumbered by any tenant leases and is primed for redevelopment and is zoned C-3 (Highway Commercial District), allowing for a variety of uses.

Dennis Jackson


IN License: Au01014422

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