Listing Agency: CBRE | Indianapolis s***@cbre.com Show Phone

Listed By: Steve Delaney Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 28 at 8:16AM

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Investment Insights

Based on property information with market context.

This 2,156 square foot retail building is situated on a 1.25-acre site with 45 parking spots. The property benefits from its proximity to a 160,000 square foot Walmart Supercenter with cross access. It is located near Settlers Crossing Shopping Center, which was built in 2017. The site features two signalized entrances and a total of three entrances. The property is located 35 miles northwest of Louisville, Kentucky, and 23 minutes from I-65.

Key Highlights

• 1.25 Acre Site with 45 Parking Spots
• Located in Settlers Crossing Shopping Center (Built 2017)
• Walmart Supercenter (160,000 SF) with Cross Access**

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Dental Office Kitchen & Bath Showroom 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

176

Businesses Nearby

Explore this area Business Placement

Demographics for 47167, IN

15,683

Population

6,547

Households

2.4

Avg Household Size

42

Median Age

14%

College-Educated

88%

High-School Grad

213.0 sq mi

ZIP Area

74

Density / Sq Mi

$57,697

Median Household Income

$38,038

Median Earnings

$726

Median Rent

$161,500

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - 2,156 SF retail building with ample parking and accessibility.

Where is this retail space located?

The property is located at 1315 East Hackberry Street Salem, IN.

What are key features of this property?

This property features: 1.25 Acre Site with **45 Parking Spots**; Located in Settlers Crossing Shopping Center (Built 2017); Walmart Supercenter (160,000 SF) with Cross Access**