Retail/Office Building For
For Sale
Contact for pricing
1001 N Western Ave, Marion, IN 46952
83% occupied retail/office building with leases in place.
Property Size10,600 SF
Price / SF$51.79
Days on Market142
Property Features for 1001 N Western Ave
General Information
Standard status
Active
Size
10,600 SF
Class
B
Property subtype
Office, Retail
Occupancy
83%
Lease Type
NNN
Net Operating Income
$42,000
Building Details
Tenancy
Multi
Listing Agency:
AG Commercial Real Estate
Listed By:
Seth Greiner · License #RB 22002017
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 10 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AG Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a retail and office building with 83% occupancy. The current leases have remaining terms of 1 to 9 years. Two of the leases are NNN, and one tenant only pays utilities. Seven suites are occupied by four tenants. There is one vacant suite with 1,800 square feet available.
Key Highlights
- 83% Occupancy Rate
- Multiple Leases in Place providing NNN Lease Income
- Leases with Terms Up to 9 Years Remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 18%
Hotels & Casinos 3%
Taco Bell
Dining
11,597 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,523 visits/mo
0.4 miles
Arby's
Dining
8,717 visits/mo
0.5 miles
Rally's
Dining
7,514 visits/mo
0.2 miles
Circle K
Shops & Services
7,319 visits/mo
0.2 miles
Demographics for 46952, IN
18,996
Population
8,832
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
105.5 sq mi
ZIP Area
180
Density / Sq Mi
$53,481
Median Household Income
$39,246
Median Earnings
$785
Median Rent
$129,000
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 property - 83% occupied retail/office building with leases in place.
Where is this retail property located?
The property is located at 1001 N Western Ave Marion, IN.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 83% Occupancy Rate; Multiple Leases in Place providing NNN Lease Income; Leases with Terms Up to 9 Years Remaining
