Renovated Mixed-Use
For Lease
$16 SF/Yr
129 South Pendleton Avenue, Pendleton, IN 46064
Shell-condition space supports a build-to-suit plan with upgraded HVAC, electrical systems, and an updated facade.
Space Size5,000 SF
Days on Market889
Property Features for 129 South Pendleton Avenue
General Information
Standard status
Active
Size
5,000 SF
Net Rentable
5,000 SF
Property subtype
Commercial Lease / Mixed Use
Zoning
DB
Space & Availability
Available Space
5,000 SF
Contiguous Space
5,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
newly installed HVAC systems
updated building facade
Building Details
Year Built
1963
Listing Agency:
ALO Residential, LLC
(317) 281-8846
Listed By:
Jodie Balber · License #RB14034952
(317) 281-8846
Source:
Compass
Added: Mar 26, 2024
Changed: Aug 31
Last Checked: Aug 31 at 6:24AM
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 Residential, LLC
Investment Insights
Based on property information with market context.
This mixed-use property offers 5,000 square feet for lease within an 11,211-square-foot building constructed in 1963. The available area is in shell condition, creating a build-to-suit format, while recent improvements include upgraded HVAC and electrical systems and a refreshed exterior facade. The property is zoned DB and provides parking at a ratio of 3.5 spaces per 1,000 square feet.
The building occupies the northeast corner of South Pendleton Avenue and East High Street at 129 South Pendleton Avenue in downtown Pendleton, just off SR 38. Banking, dining, and shopping are within walking distance, and ownership is located on site.
The building occupies the northeast corner of South Pendleton Avenue and East High Street at 129 South Pendleton Avenue in downtown Pendleton, just off SR 38. Banking, dining, and shopping are within walking distance, and ownership is located on site.
Key Highlights
- 5,000 SF available for lease in an 11,211‑square‑foot building
- Build‑to‑suit format with the available area in shell condition
- Recently upgraded HVAC and electrical systems
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell-condition space supports a build-to-suit plan with upgraded HVAC, electrical systems, and an updated facade.
Where is this mixed-use property located?
The property is located at 129 South Pendleton Avenue Pendleton, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 5,000 SF available for lease in an 11,211‑square‑foot building; Build‑to‑suit format with the available area in shell condition; Recently upgraded HVAC and electrical systems
