Freestanding Retail
For Lease
$12 SF/Yr
25 Bills Boulevard, Martinsville, IN 46151
COMMERCIAL FOR LEASE, Martinsville, IN
Space Size14,525 SF
Lot Size2.13 Acres
Days on Market69
Property Features for 25 Bills Boulevard
General Information
Property type
Residential
Property subtype
Retail
Lot features
City
Directions
Off of I-69 IN Martinsville Take Exit 138. Turn towards Martinsville on S. Ohio Street; Then Take the first left onto Ruth Rusie Ln; Then left onto Bobby Helms Blvd. The Property will be straight ahead. GPS Friendly
Subdivision
Morgan County
Standard status
Active
APN
55-13-09-255-002.000-021
Lot size
2.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S9 T11 R1E W NE 2.134 A LOT 1 WALGREENS MINOR PLAT
Tax Annual Amount
48711
Legal Description
S9 T11 R1E W NE 2.134 A LOT 1 WALGREENS MINOR PLAT
Utilities
Cooling system
Central Air
Building Details
Year built
2003
Flooring type
Tile - Ceramic
Roof type
Rubber
Listing Agency:
FC Tucker/Bloomington REALTORS
(812) 336-7300
Listed By:
Chris Cockerham · License #RB14027897
(812) 340-3083
Added: Jun 16
Changed: Aug 20
Last Checked: Aug 23 at 11:06PM
MLS# 202623574
Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding retail property occupies 2.13 acres at 25 Bills Boulevard in Martinsville, Indiana. Constructed in 2003, the building was formerly occupied by Walgreens and includes ceramic tile flooring, central air conditioning, and a rubber roof. The property is positioned for retail, medical, office, or service-oriented use.
Private parking is available on site, and the property offers access from Bills Boulevard. Its location in Martinsville, within Morgan County and ZIP Code 46151, provides a defined setting for commercial users seeking space in an established Indiana community.
Private parking is available on site, and the property offers access from Bills Boulevard. Its location in Martinsville, within Morgan County and ZIP Code 46151, provides a defined setting for commercial users seeking space in an established Indiana community.
Key Highlights
- Former Walgreens retail building on 2.13 acres
- Freestanding commercial building constructed in 2003
- Private on‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
174k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 24%
Groceries 19%
Home Improvements & Furnishings 17%
Kroger
Groceries
32,400 visits/mo
0.3 miles
Rural King
Home Improvements & Furnishings
28,439 visits/mo
0.2 miles
Circle K
Shops & Services
28,246 visits/mo
0.2 miles
Culver's
Dining
21,138 visits/mo
0.4 miles
Wendy's
Dining
18,755 visits/mo
0.4 miles
Demographics for 46151, IN
32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding commercial building with central air, ceramic tile flooring, and private on-site parking.
Where is this retail space located?
The property is located at 25 Bills Boulevard Martinsville, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Former Walgreens retail building on 2.13 acres; Freestanding commercial building constructed in 2003; Private on‑site parking
