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Retail Shopping Center with Pylon Sign Visibility
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2604-2616 Shelden St, Warsaw, IN 46580

16,700 SF retail center offers six suites and 78 parking spaces near a Walmart Supercenter.

Property Size2,140 SF
Days on Market1053

Property Features for 2604-2616 Shelden St

General Information

Standard status Active
Size 2,140 SF
Net Rentable 16,700 SF
Total Parking Spaces 78
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 16,700 SF
Space Use Retail

Amenities

pylon sign visibility

Building Details

Building Size 16,700 SF
Listing Agency: Bradley Company | Fort Wayne
Listed By: Alex Reed · License #RB17000271
Source: Moodyscre
Added: Sep 13, 2023 Changed: Jul 30 Last Checked: Jul 30 at 7:26PM

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 Bradley Company | Fort Wayne

Investment Insights

Based on property information with market context.

This retail shopping center consists of six suites in a 16,700 SF configuration, providing flexible space for multiple tenants. The property includes 78 parking spaces to support convenient customer access.

Located on the fast-developing north side of Warsaw, the center sits adjacent to a Walmart Supercenter. A pylon sign provides visibility from State Road 15, supporting strong roadside awareness for retail traffic.

Designed for multi-tenant leasing, the layout accommodates different tenant footprints within a single retail center setting, making it well-suited for businesses that benefit from shared customer draw and convenient parking.

Key Highlights

  • 16,700 SF retail shopping center with 6 suites
  • Adjacent to Walmart Supercenter
  • Pylon sign visibility from State Road 15

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Butcher Bakery

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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
364k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 27% Dining 26% Apparel 24% Shops & Services 11%
Walmart Superstores
97,453 visits/mo 0.2 miles
T.J. Maxx Apparel
41,018 visits/mo 0.5 miles
Kohl's Apparel
34,840 visits/mo 0.3 miles
McDonald's Dining
29,922 visits/mo 0.3 miles
Texas Roadhouse Dining
27,259 visits/mo 0.5 miles

Demographics for 46580, IN

22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
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
Rey
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Similar Off Market Nearby

  • Center Lake Plaza — 926 N Detroit St, Warsaw, IN 46580
  • Lake Center Plaza — 845 N Lake St, Warsaw, IN 46580

Frequently Asked Questions

What type of property is this?
Shopping center - 16,700 SF retail center offers six suites and 78 parking spaces near a Walmart Supercenter.
Where is this shopping center located?
The property is located at 2604-2616 Shelden St Warsaw, IN.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: 16,700 SF retail shopping center with 6 suites; Adjacent to Walmart Supercenter; Pylon sign visibility from State Road 15
(574) 551-7137 Call to check price and availability
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