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Shopping Center Retail Space
For Lease
$12 SF/Yr

116 Cherry Tree Plaza, Washington, IN 47501

Available retail space within a community shopping center, offering a compact commercial footprint for lease.

Space Size1,200 SF
Days on Market39

Property Features for 116 Cherry Tree Plaza

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Retail
Available From Immediate

Building Details

Year Built 1988
Listing Agency: Century 21 Classic Realty
Listed By: Shelley Brinson · License #RB14036420
Source: Callcriswell
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 26 at 9:15AM

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 Century 21 Classic Realty

Investment Insights

Based on property information with market context.

This retail space offers 1,200 square feet within Cherry Tree Plaza, a shopping center serving the local community. The property was built in 1988 and provides a compact format for a retail occupant seeking space in an established commercial setting.

Key Highlights

  • 1,200‑square‑foot retail space
  • Located within Cherry Tree Plaza shopping center
  • Shopping center serving the local community

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 25% Groceries 17% Apparel 7%
McDonald's Dining
24,607 visits/mo 0.2 miles
Jay C Food Groceries
16,627 visits/mo 0.1 miles
Washington #1 Shops & Services
13,973 visits/mo 0.3 miles
Taco Bell Dining
12,039 visits/mo 0.1 miles
Arby's Dining
8,121 visits/mo 0.2 miles

Demographics for 47501, IN

18,003
Population
7,696
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
139.4 sq mi
ZIP Area
129
Density / Sq Mi
$60,476
Median Household Income
$36,750
Median Earnings
$857
Median Rent
$155,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Jay C Food Store, 2 Cherry Tree Plaza, Washington, IN 47501

Frequently Asked Questions

What type of property is this?
Shopping center - Available retail space within a community shopping center, offering a compact commercial footprint for lease.
Where is this shopping center located?
The property is located at 116 Cherry Tree Plaza Washington, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,200‑square‑foot retail space; Located within Cherry Tree Plaza shopping center; Shopping center serving the local community
More about this property
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