Freestanding Retail
For Sale
Contact for pricing
2425 North Lebanon Street, Lebanon, IN 46052
Single-story brick retail property with two large-format suites, paved parking, and multiple access points.
Property Size50,055 SF
Lot Size6.00 Acres
Days on Market143
Property Features for 2425 North Lebanon Street
General Information
Standard status
Active
Size
50,055 SF
Total Parking Spaces
173
Lot size
6.00 Acres
Property subtype
Retail
Zoning
PBC
Additional Details
Road Access
Yes
Sprinkler System
Yes
Building Details
Year Built
1979
Year Renovated
2006
Buildings
1
Stories
1
Construction
brick
Tenancy
Multi
Parking Ratio
3.46 per 1,000 SF
Listing Agency:
Mission Capital Advisors New York
Listed By:
Will Sledge · License #NY 00014763
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:47AM
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 Mission Capital Advisors New York
Investment Insights
Based on property information with market context.
This freestanding retail property contains 50,055 net rentable square feet in a single-story brick building completed in 1979 and renovated in 2006. The layout includes two large-format suites: a 21,000 SF space leased to Tractor Supply Company under a lease expiring January 31, 2021, and a 29,055 SF vacant suite formerly occupied by Big Lots. Both suites include sales, receiving, office, restroom, cleaning, and storage areas, with one manually operated overhead drive-in door per suite. The vacant space also includes a mezzanine with offices, an employee lounge, and restrooms.
The property occupies approximately 6.00 acres at 2425 North Lebanon Street, also identified as 2425 North State Road 39, in Lebanon, Indiana. It has primary frontage and one curb cut along North Lebanon Street, secondary frontage on Commercial Drive, and reciprocal access through an easement serving the Verizon Wireless site. PBC, Planned Business Commercial zoning permits various retail, public/civic, and office uses. The site includes 173 asphalt-paved surface parking spaces, a fenced outdoor equipment storage yard of approximately 30,000 square feet, rooftop HVAC, and a wet fire sprinkler system. The north roof section was replaced circa 2015 and the south section circa 2016.
The property occupies approximately 6.00 acres at 2425 North Lebanon Street, also identified as 2425 North State Road 39, in Lebanon, Indiana. It has primary frontage and one curb cut along North Lebanon Street, secondary frontage on Commercial Drive, and reciprocal access through an easement serving the Verizon Wireless site. PBC, Planned Business Commercial zoning permits various retail, public/civic, and office uses. The site includes 173 asphalt-paved surface parking spaces, a fenced outdoor equipment storage yard of approximately 30,000 square feet, rooftop HVAC, and a wet fire sprinkler system. The north roof section was replaced circa 2015 and the south section circa 2016.
Key Highlights
- 50,055 SF freestanding retail building on an approximate 6.00‑acre site
- Two big‑box suites: 21,000 SF leased suite and 29,055 SF vacant suite
- 173 asphalt‑paved surface parking spaces, or 3.46 per 1,000 SF
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
189k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Superstores 25%
Groceries 20%
Shops & Services 16%
Walmart
Superstores
48,164 visits/mo
0.4 miles
Kroger
Groceries
26,034 visits/mo
0.3 miles
Culver's
Dining
14,644 visits/mo
0.1 miles
7 Brew Coffee
Dining
11,617 visits/mo
0.2 miles
Aldi
Groceries
11,569 visits/mo
0.1 miles
Demographics for 46052, IN
22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Single-story brick retail property with two large-format suites, paved parking, and multiple access points.
Where is this retail space located?
The property is located at 2425 North Lebanon Street Lebanon, IN.
What are key features of this property?
This property features: 50,055 SF freestanding retail building on an approximate 6.00‑acre site; Two big‑box suites: 21,000 SF leased suite and 29,055 SF vacant suite; 173 asphalt‑paved surface parking spaces, or 3.46 per 1,000 SF
