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Updated Storefront Space With Offices
New
For Lease
$2,400/Mo

2123 Memorial Drive, New Castle, IN 47362

Commercially zoned space offers flexible rooms, private offices, and updated restrooms.

Space SizeContact for details
Days on Market7

Property Features for 2123 Memorial Drive

General Information

Standard status Active
Property subtype Commercial
Zoning commercial

Building Details

Stories 1
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Sep 19 Changed: Sep 24 Last Checked: Sep 24 at 6:51AM

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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This commercially zoned storefront space at 2123 Memorial Drive provides an open retail area with tile flooring throughout. Two larger rooms extend from the front area, including one with plumbing. Additional interior space can accommodate meetings or training, while three private offices support administrative functions.

The property also includes two updated restrooms, a break room with laundry connections, and three entry points—two at the front and one at the rear. A build-to-suit arrangement is available subject to the applicable lease agreement, allowing the space to be adapted for a tenant’s requirements.

Key Highlights

  • Open storefront layout with tile flooring throughout
  • Two large interior rooms, including one with plumbing
  • Three private offices in the rear portion of the space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Big Box & Wholesale Store Real Estate Agency Auto Parts Store

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

326
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 20% Apparel 3% Home Improvements & Furnishings 3%
McDonald's Dining
33,647 visits/mo 0.3 miles
Taco Bell Dining
21,134 visits/mo 0.2 miles
Speedway Shops & Services
15,201 visits/mo 0.2 miles
Arby's Dining
11,679 visits/mo 0.2 miles
Burger King Dining
10,150 visits/mo 0.3 miles

Demographics for 47362, IN

30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
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 - Commercially zoned space offers flexible rooms, private offices, and updated restrooms.
Where is this storefront property located?
The property is located at 2123 Memorial Drive New Castle, IN.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Open storefront layout with tile flooring throughout; Two large interior rooms, including one with plumbing; Three private offices in the rear portion of the space
More about this property
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