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Open-Concept Retail or Office Space
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1400 Walnut Ave, Frankfort, IN 46041

Flexible open layout with tenant improvement discussions to fit retail, office, or service use needs.

Space Size1,585 SF
Property Size2,116 SF
Days on Market93

Property Features for 1400 Walnut Ave

General Information

Standard status Active
Size 1,585 SF
Total Parking Spaces 13
Property subtype Retail, Office

Building Details

Building Size 2,116 SF
Year Built 1972
Tenancy Multiple

Spaces For Lease

at 1400 Walnut Ave Contact us

Available Space 1

Size
1,585 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Farrell Property
Listed By: J.B. Farrell · License #RB14041920
Source: Crexi
Added: Jun 4 Changed: Aug 21 Last Checked: Aug 31 at 1:07PM

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 Farrell Property

Investment Insights

Based on property information with market context.

This suite features a spacious, open-concept floor plan designed for flexibility across multiple commercial uses. The layout is well-suited to businesses that need an adaptable interior rather than fixed room arrangements. The owner is open to discussing tenant improvements and contribution options, which can support customization to align with the tenant’s operational requirements.

The property is offered for lease. The address is 1400 Walnut Ave in Frankfort, Indiana.

From a tenant fit perspective, the combination of an open layout and the willingness to consider tenant improvements makes this space workable for a range of concepts, including retail storefronts, professional office use, or service-based operations. Businesses that benefit from reconfiguring finishes, layouts, or build-out elements may find the customization pathway especially practical.

Key Highlights

  • Year built: 1972
  • Spacious, open‑concept floor plan with a flexible layout for a variety of commercial uses
  • Owner open to discussing tenant improvements and contribution options to help customize the space

Property Analytics

Current Use

Timmons Financial Services, ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Auto Parts Store HVAC Service Bakery

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

192
Businesses Nearby

Demographics for 46041, IN

24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
Median Home Value

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?
Retail space - Flexible open layout with tenant improvement discussions to fit retail, office, or service use needs.
Where is this retail space located?
The property is located at 1400 Walnut Ave Frankfort, IN.
What are key features of this property?
This property features: Year built: 1972; Spacious, open‑concept floor plan with a flexible layout for a variety of commercial uses; Owner open to discussing tenant improvements and contribution options to help customize the space
More about this property
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