Listing Agency: Schuchert Retail Group

Listed By: John Kerr · License #CA 01996892

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:11PM

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Investment Insights

Based on property information with market context.

Located at 1602 E Market St in Nappanee, Indiana, this retail space contains 7,500 SF of commercial area. The property is presented as a retail asset with a 5.50% CAP, providing a concise profile for ownership review.

Key Highlights

• 7,500 SF retail property
• 5.50% CAP
• Located at 1602 E Market St, Nappanee, IN 46550

Property Analytics

Property Profile

Current Use

AutoZone Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

Explore this area Business Placement

Demographics for 46550, IN

12,679

Population

4,656

Households

2.7

Avg Household Size

32

Median Age

9%

College-Educated

72%

High-School Grad

71.6 sq mi

ZIP Area

177

Density / Sq Mi

$80,403

Median Household Income

$42,843

Median Earnings

$867

Median Rent

$232,300

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial property with a substantial footprint for retail-oriented operations.

Where is this retail space located?

The property is located at 1602 E Market St Nappanee, IN.

What are key features of this property?

This property features: 7,500 SF retail property; 5.50% CAP; Located at 1602 E Market St, Nappanee, IN 46550