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Proposed Multi-Tenant Retail B-Shops
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1400 West State Road 32, Lebanon, IN 46052

Pre-leasing for a proposed multi-tenant retail building with flexible suites and ample parking off State Road 32.

Space Size6,928 SF
Lot Size1.78 Acres
Days on Market51

Property Features for 1400 West State Road 32

General Information

Standard status Active
Size 6,928 SF
Lot size 1.78 Acres
Property subtype Retail, Land, Restaurant

Building Details

Building Size 6,928 SF
Tenancy Single

Spaces For Lease

at 1400 West State Road 32 Contact us

Space 1

Size
6,928 SF
Type
Land, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: C21 Commercial
Listed By: Karanvir Singh · License #IN RB25001187
Source: Crexi
Added: Jul 2 Changed: Aug 18 Last Checked: Aug 20 at 10:25PM

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 C21 Commercial

Investment Insights

Based on property information with market context.

A pre-leasing opportunity for a proposed multi-tenant B-shop retail development on a 1.78-acre site at 1400 West State Road 32, Lebanon, Indiana. The plan calls for a 6,928 SF retail building designed with flexible suite sizes, with ample parking and visibility intended to support storefront-oriented users.

Construction is anticipated to begin next year. This location is described as being in a high-growth area of Lebanon with convenient access to major roadways, positioning the project for businesses seeking a new presence as the surrounding residential and commercial activity continues to expand.

The tenant lineup is intended to support a range of service and commercial concepts, including retail, medical, office, restaurant, fitness, salon, and other service-oriented businesses. For qualified users, pre-leasing offers the chance to secure preferred space within the proposed configuration and align with the planned construction timeline.

Key Highlights

  • Pre‑leasing available for a proposed 6,928 SF multi‑tenant retail B‑shop building.
  • 6,928 SF building planned on a 1.78‑acre commercial development parcel.
  • Construction anticipated to begin next year.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Dental Office Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

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

13
Businesses Nearby

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
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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Frequently Asked Questions

What type of property is this?
Commercial land - Pre-leasing for a proposed multi-tenant retail building with flexible suites and ample parking off State Road 32.
Where is this commercial land located?
The property is located at 1400 West State Road 32 Lebanon, IN.
What are key features of this property?
This property features: Pre‑leasing available for a proposed 6,928 SF multi‑tenant retail B‑shop building.; 6,928 SF building planned on a 1.78‑acre commercial development parcel.; Construction anticipated to begin next year.
More about this property
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