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Turnkey Retail Storefront and Office
For Lease
$1,385/Mo

176-unit Deanna Dr, Lowell, IN 46356

Fully remodeled unit with private rear storage, restroom, laundry, and independent meters on a high-traffic retail corridor.

Space SizeContact for details
Days on Market64

Property Features for 176-unit Deanna Dr

General Information

Standard status Active

Additional Details

Business Included Yes
Traffic Count 18,702 vehicles/day

Taxes and HOA fees

Annual Taxes $1,268

Building Details

Year Renovated 2022
Tenancy Single
Listing Agency: SCHUPP Real Estate
Listed By: John Schupp · License #RB14033846
Source: Exprealty
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 11 at 12:01PM

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 SCHUPP Real Estate

Investment Insights

Based on property information with market context.

This fully remodeled 1,023 sq ft turnkey retail storefront or professional office on Deanna Dr in Lowell, IN is designed for immediate occupancy. The open-concept layout includes extensive 2022 upgrades such as plug-and-play modular track lighting, interior LED recessed lighting, and built-in slat walls (rear East wall shelving included). The space also provides private rear storage, a restroom, and laundry facilities with independent rear access. Optional equipment is available for lease or purchase, including display cases and a refrigerated cooler, and the unit is equipped with full video surveillance and track downlight kits.

Positioned on East Commercial Avenue, the unit sits in a high-growth commercial corridor between the high school and Lowell Plaza shopping hub. The remarks cite heavy daily traffic averaging 15,000 to 18,702 vehicles per day, and current monthly retail sales of 15–17K. The property also offers deeded right-of-way access across common lots shared by units 170–176 and ample paved parking.

The building has been modernized with a brand new furnace, central A/C, roof, and an exterior makeover including maintenance-free siding and soffits. Tenants benefit from independent utility meters. Lease terms require a 1-year minimum, with a base rate of $1,400 per month plus 1st, last, and a one-month security deposit. NIPSCO gas/electric is noted as averaging $185 per month, with base water of $36 and base sewer of $67, plus a quarter-share dumpster fee of $23 and seasonal snow removal. Application fees are $75 for the main applicant (refundable upon lease execution) and $35 for a co-applicant.

Key Highlights

  • Fully remodeled 1,023 SF turnkey retail storefront or professional office on East Commercial Avenue
  • Open‑concept interior with 2022 upgrades including plug‑and‑play modular track lighting, interior LED recessed lighting, and built‑in slat walls
  • Private rear storage plus a restroom and laundry facilities, with independent rear access

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Nail Salon

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

18,702 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$2.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46356, IN

18,668
Population
7,290
Households
2.6
Avg Household Size
41
Median Age
20%
College-Educated
96%
High-School Grad
112.5 sq mi
ZIP Area
166
Density / Sq Mi
$87,535
Median Household Income
$51,151
Median Earnings
$1,190
Median Rent
$256,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Fully remodeled unit with private rear storage, restroom, laundry, and independent meters on a high-traffic retail corridor.
Where is this storefront property located?
The property is located at 176-unit Deanna Dr Lowell, IN.
What is the lease rate?
The lease rate is $1,385/Mo.
What are key features of this property?
This property features: Fully remodeled 1,023 SF turnkey retail storefront or professional office on East Commercial Avenue; Open‑concept interior with 2022 upgrades including plug‑and‑play modular track lighting, interior LED recessed lighting, and built‑in slat walls; Private rear storage plus a restroom and laundry facilities, with independent rear access
More about this property
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