Building Details

Year Built 1960

Tenancy Single

Listing Agency: ADM Commercial Real Estate Show Phone

Listed By: Mark Sturgis 765 749 0665 · License #RB14034183 Show Phone

Source: Admrealestate

Added: Jul 18 Changed: Oct 6 Last Checked: Oct 12 at 4:50PM

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Investment Insights

Based on property information with market context.

This listing offers a single-tenant retail space measuring 1,375 square feet. The property is presented for rent as a dedicated location for one business.

The space is located at 22 West Pendleton Avenue in Lapel, Indiana, providing a straightforward setup for an operator seeking a standalone retail configuration.

Further details on the space layout, condition, and specific amenities are not provided in the available information.

Key Highlights

• Single‑tenant retail space for sale/lease at 22 West Pendleton Avenue
• Approx. 1,375 SF retail space
• Retail building built in 1960

Property Analytics

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Open Analytics

Current Use

Stormstrike, LLC Auto Repair Shop

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Law Firm Auto Repair Shop 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.

Lease Details

Single-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

136

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 67% Dining 33%

Dollar General Shops & Services

6,026 visits/mo 0.4 miles

Pizza King Dining

1,662 visits/mo 0.4 miles

Pizza Hut Dining

1,250 visits/mo 0.4 miles

Demographics for 46051, IN

2,811

Population

1,192

Households

2.4

Avg Household Size

40

Median Age

30%

College-Educated

95%

High-School Grad

15.5 sq mi

ZIP Area

181

Density / Sq Mi

$77,411

Median Household Income

$51,885

Median Earnings

$1,253

Median Rent

$190,700

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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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Single-tenant retail space available at 22 West Pendleton Avenue.

Where is this retail space located?

The property is located at 22 W Pendleton Ave Lapel, IN.

What are key features of this property?

This property features: Single‑tenant retail space for sale/lease at 22 West Pendleton Avenue; Approx. 1,375 SF retail space; Retail building built in 1960