Listing Agency: Regency Properties j***@regency-prop.com Show Phone

Listed By: Jennifer Tabor

Source: Moodyscre

Added: Sep 1, 2023 Changed: Jul 30 Last Checked: Jul 30 at 7:16PM

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Investment Insights

Based on property information with market context.

College Square Plaza is a grocery-anchored shopping center offering visibility along South College Ave (State Road 231). The property is positioned for retail shoppers and everyday draw, supported by its grocery anchor.

The center benefits from its presence along South College Ave (State Road 231), providing strong street visibility for prospective tenants and customers. College Square Plaza is located in Rensselaer.

Total available property size is 5,136 SF, providing a retail-focused setting suitable for a tenant looking to align with an established, grocery-driven traffic pattern.

Key Highlights

• Grocery‑anchored shopping center
• Visible along South College Ave (State Road 231)
• 5,136 SF total property size

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop

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

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

462

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 47978, IN

10,815

Population

4,355

Households

2.5

Avg Household Size

42

Median Age

18%

College-Educated

91%

High-School Grad

263.7 sq mi

ZIP Area

41

Density / Sq Mi

$71,359

Median Household Income

$35,486

Median Earnings

$867

Median Rent

$180,900

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

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Similar For Rent Nearby

Grocery-Anchored Retail Shopping Center

396-732 S College Ave, Rensselaer, IN 47978

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5,000 sqft

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Grocery Anchored Shopping Center

396-732 S College Ave, Rensselaer, IN

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6,880 sqft

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Frequently Asked Questions

What type of property is this?

Shopping center - Grocery-anchored shopping center with visibility along South College Ave (State Road 231) and 5,136 SF of space.

Where is this shopping center located?

The property is located at 396-732 S College Ave Rensselaer, IN.

What are key features of this property?

This property features: Grocery‑anchored shopping center; Visible along South College Ave (State Road 231); 5,136 SF total property size