Multi-Tenant Mixed-Use
New
For Lease
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125 E Montgomery Ave, Clarksville, IN 47129
Six planned spaces accommodate retail, office, recreation, education, and event functions.
Space Size35,500 SF
Days on Market4
Property Features for 125 E Montgomery Ave
General Information
Standard status
Active
Size
35,500 SF
Property subtype
RETAIL
Building Details
Building Size
35,500 SF
Tenancy
Multi
Spaces For Lease
at 125 E Montgomery Ave
Colgate Commons: Shop, Create, Work, Gather
$4,438 – $12,338/Mo
Size
35,500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Colgate Commons is the redevelopment of the former Colgate Baptist Church property into a multi-tenant commercial and community-oriented property. The current plan combines retail, recreation, office/flex, educational/community and event uses.
The current tenant-space schedule reflects the latest field measurements and planning decisions. It contains six tenant spaces totaling approximately 35,500 square feet. Tenant areas are working estimates rather than a certified architectural or rentable-area survey.
1st Floor: Former Church Sanctuary: 8,500sf $10,000 base rate monthly + CAM $956 + Utilities $1,381 = $12,338 monthly NNN
Lower Level: Kitchen/Office/Flex: 10,500sf $7,500 base rate monthly + $1,181 CAM + $1,706 Utilities = $10,388 monthly NNN
Gym/Recreation: 7,000sf $5,500 base rate monthly + $788 CAM + $1,138 Utilities = $7,425 monthly NNN
Lower-Level: Pantry + Daycare/Education: 2,500sf $3,500 base rate monthly + $281 CAM + $406 Utilities = $4,188 monthly NNN
1st Floor: Social/Event Club: 4,500sf $3,500 base rate monthly + $506 CAM + $731 Utilities = $4,738 monthly NNN
1st Floor Offices: 2,500sf $3,750 base rate monthly + $281 CAM + $406 Utilities = $4,438 monthly NNN
TOTALS: 35,500sf $33,750 base rate monthly + $3,994 CAM + $5,769 Utilities = $43,512 monthly NNN
(Gym clarification: The 7,000-SF Gym/Recreation allocation includes approximately 6,000 SF of main activity space and 1,000 SF for break/restroom support.)
Spaces possible uses:
1st Floor: former church sanctuary - 8,500 SF. Anchor retail and creative-center use, classes, product demonstrations and community-oriented activities, church, professional organizations, event space, etc..
Lower Level: kitchen/Office/Flex - 10,500 SF. Largest individual space and a flexible leasing component that can support office, kitchen, commercial or compatible community uses.
1st Floor Access: Gym/Recreation - 7,000 SF. Recreation space including approximately 1,000 SF of break/restroom support area.
Lower-Level Pantry + Daycare/Education - 2,500 SF. One combined lower-level tenant space for all current development-plan and leasing purposes.
1st Floor: Social/Event Club - 4,500 SF. Separate event/social use with its own operating identity and tenant economics.
1st Floor Offices - 2,500 SF. multiple large offices for single or multiple office tenants.
Contact us
Listing Agency:
Baker Commercial Real Estate
(812) 285-0900
Listed By:
Jim Baker · License #RB14028328
(502) 523-6444
Source:
Moodyscre
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 2:19PM
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 Baker Commercial Real Estate
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Investment Insights
Based on property information with market context.
The redevelopment is planned as a six-space commercial and community-oriented property with approximately 35,500 square feet in total. The layout includes an 8,500-square-foot sanctuary space, a 10,500-square-foot lower-level kitchen, office, or flex suite, 7,000 square feet for gym and recreation, a 2,500-square-foot pantry and education space, a 4,500-square-foot social and event area, and 2,500 square feet of offices. The gym allocation includes approximately 6,000 square feet of activity space and 1,000 square feet for break and restroom support.
The tenant areas reflect planning measurements and are estimates, not a certified architectural or rentable-area survey. The property is at 125 E Montgomery Ave in Clarksville, Indiana.
The tenant areas reflect planning measurements and are estimates, not a certified architectural or rentable-area survey. The property is at 125 E Montgomery Ave in Clarksville, Indiana.
Key Highlights
- Six planned tenant spaces comprise approximately 35,500 square feet
- 10,500‑square‑foot lower‑level kitchen, office, or flex suite
- 8,500‑square‑foot first‑floor sanctuary space
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$0.22 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
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Business Placement
Demographics for 47129, IN
19,739
Population
9,382
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
9.6 sq mi
ZIP Area
2,056
Density / Sq Mi
$55,447
Median Household Income
$36,592
Median Earnings
$1,027
Median Rent
$162,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six planned spaces accommodate retail, office, recreation, education, and event functions.
Where is this mixed-use property located?
The property is located at 125 E Montgomery Ave Clarksville, IN.
What is the lease rate?
The lease rate is $4,438/Mo.
What are key features of this property?
This property features: Six planned tenant spaces comprise approximately 35,500 square feet; 10,500‑square‑foot lower‑level kitchen, office, or flex suite; 8,500‑square‑foot first‑floor sanctuary space
