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Downtown Pendleton Office Space Available
For Lease
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129 S Pendleton Ave, Pendleton, IN 46064

Newly renovated 5,000 SF office space for lease.

Space Size5,000 SF
Property Size10,668 SF
Days on Market292

Property Features for 129 S Pendleton Ave

General Information

Standard status Active
Size 5,000 SF
Class A
Property subtype Office

Building Details

Building Size 10,668 SF
Year Built 1963

Spaces For Lease

at 129 S Pendleton Ave Contact us

129 S Pendleton Ave

Size
5,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: ALO Property Group
Listed By: Ralph Balber · License #RB14044276
Source: Alopg
Added: Nov 25, 2025 Changed: Sep 12 Last Checked: Sep 12 at 8:36AM

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 ALO Property Group

Investment Insights

Based on property information with market context.

A newly renovated building offers 5,000 square feet of office space for lease in historic downtown Pendleton. This build-to-suit opportunity is in shell condition and features recently upgraded HVAC and electrical systems. The building has an updated facade. Ample parking is available at a ratio of 3.5 spaces per 1,000 square feet. The location provides walkable access to banking, dining, and shopping amenities. The property benefits from on-site ownership.

Key Highlights

  • 5,000 SF build‑to‑suit opportunity allows customization to tenant specifications.
  • Newly renovated building with updated facade, HVAC, and electrical systems.
  • Prime downtown Pendleton location with walkable access to banking, dining, and shopping.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Storage Facility Electrical Service

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

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 46064, IN

16,908
Population
6,158
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
66.8 sq mi
ZIP Area
253
Density / Sq Mi
$92,012
Median Household Income
$50,947
Median Earnings
$1,121
Median Rent
$256,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated 5,000 SF office space for lease.
Where is this office units located?
The property is located at 129 S Pendleton Ave Pendleton, IN.
What are key features of this property?
This property features: 5,000 SF build‑to‑suit opportunity allows customization to tenant specifications.; Newly renovated building with updated facade, HVAC, and electrical systems.; Prime downtown Pendleton location with walkable access to banking, dining, and shopping.
More about this property
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