Former Big-Box Retail
For Lease
Contact for pricing
1519 S STATE RD 37, Elwood, IN 46036
Large former Kmart retail building with nearly column-free clear span, full-glass storefronts, and multiple entry points.
Space Size52,577 SF
Days on Market50
Property Features for 1519 S STATE RD 37
General Information
Standard status
Active
Size
52,577 SF
Class
C
Total Parking Spaces
308
Property subtype
Retail
Building Details
Building Size
52,577 SF
Year Built
1972
Tenancy
Single
Spaces For Lease
at 1519 S STATE RD 37 Contact us- Size
- 52,577 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Highgarden Real Estate Indianapolis
(317) 504-2663
Listed By:
Albert (Abbie) Stancato · License #RB16000255
Source:
Crexi
Added: Jul 10
Changed: Aug 8
Last Checked: Aug 26 at 8:10PM
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 Highgarden Real Estate Indianapolis
Investment Insights
Based on property information with market context.
Position your brand at the gateway to Elwood in this former Kmart retail building offering a very large, contiguous interior layout. The space features a clear-span design described as nearly column-free, along with full-glass storefronts and multiple entry points to support flexible tenanting and traffic flow. The landlord is willing to consider subdividing the space to meet a tenant’s operational requirements.
The property sits along S State Road 37 just south of the SR 13 junction, with strong roadside presence supported by a towering pylon and a large, lighted parking field.
With its substantial footprint and adaptable configuration, the building is well-suited for users seeking expansive retail floor space, including concepts that benefit from open spans and simplified reconfiguration.
The property sits along S State Road 37 just south of the SR 13 junction, with strong roadside presence supported by a towering pylon and a large, lighted parking field.
With its substantial footprint and adaptable configuration, the building is well-suited for users seeking expansive retail floor space, including concepts that benefit from open spans and simplified reconfiguration.
Key Highlights
- Former Kmart retail building with 52,577 SF total area (clear‑span, nearly column‑free interior)
- Year built 1972
- Full‑glass storefronts and multiple entry points for multi‑tenant division or flexible layouts
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 37%
Home Improvements & Furnishings 4%
Taco Bell
Dining
10,629 visits/mo
0.1 miles
Dollar Tree
Shops & Services
7,350 visits/mo
0.2 miles
SUBWAY
Dining
2,686 visits/mo
0.1 miles
Rent A Center
Home Improvements & Furnishings
788 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
772 visits/mo
0.2 miles
Demographics for 46036, IN
11,247
Population
5,284
Households
2.1
Avg Household Size
44
Median Age
10%
College-Educated
92%
High-School Grad
80.3 sq mi
ZIP Area
140
Density / Sq Mi
$59,082
Median Household Income
$39,022
Median Earnings
$841
Median Rent
$108,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Large former Kmart retail building with nearly column-free clear span, full-glass storefronts, and multiple entry points.
Where is this retail space located?
The property is located at 1519 S STATE RD 37 Elwood, IN.
What are key features of this property?
This property features: Former Kmart retail building with 52,577 SF total area (clear‑span, nearly column‑free interior); Year built 1972; Full‑glass storefronts and multiple entry points for multi‑tenant division or flexible layouts
