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Retail Space with Proposed Outlots
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For Lease
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2547 Nichol Ave, Anderson, IN 46011

Existing retail space with additional outlot plans and scheduled site enhancements.

Space Size7,500 SF
Days on Market6

Property Features for 2547 Nichol Ave

General Information

Standard status Active
Size 7,500 SF
Property subtype RETAIL

Spaces For Lease

at 2547 Nichol Ave Contact us

2547 Nichol Ave

Floor
1
Size
7,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 7,500 SF of existing space - Proposed outlots available - +/- 2.88 AC lot - Located...
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Listing Agency: Veritas Realty
Listed By: John Holloway · License #RB14036910
Source: Moodyscre
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 2:56PM

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 Veritas Realty

Investment Insights

Based on property information with market context.

This retail property offers 7,500 SF of existing space on an approximately 2.88-acre site. Additional outlots are proposed, creating flexibility for future site planning and commercial occupancy.

The property is located at 2547 Nichol Ave in Anderson, alongside Ace Hardware, Needler’s Fresh Market, and McDonald’s. Planned access improvements connecting to Raible Ave. are scheduled for 2026, while exterior and parking lot upgrades are also planned for the same year.

Key Highlights

  • 7,500 SF of existing retail space
  • Approximately 2.88 AC lot
  • Proposed outlots available

Property Analytics

Current Use

EZPAWN Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Dental Office Hair 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 49%
Taco Bell Dining
10,541 visits/mo 0.1 miles
Wendy's Dining
9,553 visits/mo 0.2 miles
Family Dollar Shops & Services
6,770 visits/mo 0.3 miles
Dollar General Shops & Services
5,747 visits/mo 0.2 miles
Marathon Shops & Services
4,893 visits/mo 0.1 miles

Demographics for 46011, IN

17,078
Population
7,304
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
93%
High-School Grad
73.9 sq mi
ZIP Area
231
Density / Sq Mi
$77,618
Median Household Income
$42,975
Median Earnings
$1,011
Median Rent
$168,300
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Existing retail space with additional outlot plans and scheduled site enhancements.
Where is this retail space located?
The property is located at 2547 Nichol Ave Anderson, IN.
What are key features of this property?
This property features: 7,500 SF of existing retail space; Approximately 2.88 AC lot; Proposed outlots available
(317) 986-7037 Call to check price and availability
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