Neighborhood Retail
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15481 Union Chapel Road, Noblesville, IN 46060
Modern, fully leased retail property with triple-net tenancy and direct access from Union Chapel Road.
Property Size10,097 SF
Lot Size2.62 Acres
Price / SF$391.21
Days on Market6
Property Features for 15481 Union Chapel Road
General Information
Standard status
Active
Size
10,097 SF
Class
A
Total Parking Spaces
39
Lot size
2.62 Acres
Property subtype
Retail
Zoning
CCPD, Meredith Meadows PD
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$284,558
Building Details
Year Built
2019
Units
5
Tenancy
Multi
Listing Agency:
Klamen Commercial Advisors
Listed By:
Jake Klamen · License #MO 2019001177
Source:
Crexi
Added: Aug 7
Changed: Aug 12
Last Checked: Aug 12 at 3:55AM
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 Klamen Commercial Advisors
Investment Insights
Based on property information with market context.
This neighborhood shopping center contains 10,097 SF on 2.62 acres and was completed in 2019. The property is fully leased under triple-net agreements to a tenant mix comprising national, regional, and local businesses. Zoning is designated CCPD and Meredith Meadows PD.
Positioned at 15481 Union Chapel Road in Noblesville, the center is near The Sagamore Club and benefits from access via Union Chapel Road and Greenfield Avenue. Kroger Marketplace is less than a mile away, while Meijer and Walmart supercenters are each within two miles. More than 1,000 new housing lots have been developed or are underway just off nearby Summer Road. The property also offers nearly 5-years of weighted average lease term.
Positioned at 15481 Union Chapel Road in Noblesville, the center is near The Sagamore Club and benefits from access via Union Chapel Road and Greenfield Avenue. Kroger Marketplace is less than a mile away, while Meijer and Walmart supercenters are each within two miles. More than 1,000 new housing lots have been developed or are underway just off nearby Summer Road. The property also offers nearly 5-years of weighted average lease term.
Key Highlights
- 10,097 SF neighborhood shopping center on 2.62 acres
- 100% leased under triple‑net agreements
- Built in 2019
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Marco's Pizza
Dining
2,138 visits/mo
0.1 miles
Public Storage
Shops & Services
1,108 visits/mo
0.1 miles
Demographics for 46060, IN
45,073
Population
18,887
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
80.6 sq mi
ZIP Area
559
Density / Sq Mi
$91,141
Median Household Income
$50,557
Median Earnings
$1,215
Median Rent
$292,400
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?
Shopping center - Modern, fully leased retail property with triple-net tenancy and direct access from Union Chapel Road.
Where is this shopping center located?
The property is located at 15481 Union Chapel Road Noblesville, IN.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 10,097 SF neighborhood shopping center on 2.62 acres; 100% leased under triple‑net agreements; Built in 2019
