Junction Plaza
Location: Shelbyville, IN
Type: Retail
Price: $2,700,000
SMC has provided a $2,700,000 first mortgage loan to finance the acquisition of Junction Plaza, a 70,450 SF retail center located in Shelbyville, IN, 30 miles southeast of downtown Indianapolis and 70 miles west of Cincinnati. The Subject enjoys high visibility and frontage along State Road 44, the submarket’s major commercial corridor, in close proximity to the trade area’s Super Wal-Mart. Tenants include Enterprise, Pizza Hut, the administrative function of locally-based Major Hospital – a HHNM top 100 accredited hospital in the U.S. – and Studio 10, the sole first-run multiplex cinema within 20 miles.