Freestanding Retail Store
For Sale
Contact for pricing
50 W Honey Creek Pkwy, Terre Haute, IN 47802
Freestanding Ollie’s Bargain Outlet on 3.38 acres with highway visibility along U.S. Highway 41.
Property Size45,947 SF
Lot Size3.38 Acres
Days on Market121
Property Features for 50 W Honey Creek Pkwy
General Information
Standard status
Active
Size
45,947 SF
Lot size
3.38 Acres
Property subtype
Retail
Site & Location
Traffic Count
51,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Ben Snyder · License #OH# 2018002569
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:25AM
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 Matthews
Investment Insights
Based on property information with market context.
Matthews’ is pleased to exclusively offer a freestanding Ollie’s Bargain Outlet retail property totaling 45,947 square feet on 3.38 acres in Terre Haute, Indiana. The transaction is for sale, and the Ollie’s net lease is expected to commence in April 2020 with a 10-year primary term and three 5-year renewal options.
The property provides access and visibility off U.S. Highway 41, with traffic count reported as 51,500 VPD. It is also positioned adjacent to Honey Creek Mall, which includes 81 stores and is anchored by JCPenney, Vendors Village, and ULTA.
The site is located approximately six miles from Indiana State University, and the surrounding area includes additional major retailers such as Sam’s Club, Kroger, Best Buy, Hobby Lobby, Big Lots, Burlington, PetSmart, Old Navy, and Dollar Tree.
The property provides access and visibility off U.S. Highway 41, with traffic count reported as 51,500 VPD. It is also positioned adjacent to Honey Creek Mall, which includes 81 stores and is anchored by JCPenney, Vendors Village, and ULTA.
The site is located approximately six miles from Indiana State University, and the surrounding area includes additional major retailers such as Sam’s Club, Kroger, Best Buy, Hobby Lobby, Big Lots, Burlington, PetSmart, Old Navy, and Dollar Tree.
Key Highlights
- Freestanding Ollie’s Bargain Outlet totaling 45,947 SF on 3.38 acres in Terre Haute, IN.
- Ollie’s net lease expected to commence in April 2020, with a 10‑year primary term plus three 5‑year renewal options.
- Highway access and visibility off U.S. Highway 41 (Traffic Count: 51,500 VPD).
Property Analytics
Current Use
Lease Details
51,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
672k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 28%
Apparel 22%
Electronics 6%
Chick-fil-A
Dining
64,184 visits/mo
0.2 miles
T.J. Maxx
Apparel
63,243 visits/mo
0.2 miles
PetSmart
Shops & Services
49,247 visits/mo
0.3 miles
Best Buy
Electronics
43,142 visits/mo
0.2 miles
Five Below
Shops & Services
34,099 visits/mo
0.3 miles
Demographics for 47802, IN
34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
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 Ollie’s Bargain Outlet on 3.38 acres with highway visibility along U.S. Highway 41.
Where is this retail space located?
The property is located at 50 W Honey Creek Pkwy Terre Haute, IN.
What are key features of this property?
This property features: Freestanding Ollie’s Bargain Outlet totaling 45,947 SF on 3.38 acres in Terre Haute, IN.; Ollie’s net lease expected to commence in April 2020, with a 10‑year primary term plus three 5‑year renewal options.; Highway access and visibility off U.S. Highway 41 (Traffic Count: 51,500 VPD).
