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Flex Space With Warehouse Area
For Lease
$950/Mo

290 Us Highway 36 W, New Castle, IN 47362

Includes private offices, a conference room, restrooms, and dedicated warehouse space.

Space Size2,900 SF
Days on Market13

Property Features for 290 Us Highway 36 W

General Information

Standard status Active
Size 2,900 SF
Net Rentable 2,900 SF

Space & Availability

Available Space 2,900 SF
Contiguous Space 2,900 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Warehouse Space 860 SF

Building Details

Year Built 1958
Listing Agency: F.C. Tucker/Crossroads
Listed By: Michael McKown · License #RB16000338
Source: Megandusing
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 8:09PM

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 F.C. Tucker/Crossroads

Investment Insights

Based on property information with market context.

This flex property combines office and warehouse components in a versatile commercial layout. The interior accommodates up to eight private offices, a conference room, separate men’s and women’s restrooms, and a warehouse area measuring approximately 20 feet by 43 feet. The building was constructed in 1958 and includes ample parking.

The property is positioned along US 36 near the State Road 3 corridor, providing access and exposure along the route. Its configuration supports a range of office, retail, commercial, and light industrial applications, subject to applicable requirements.

Key Highlights

  • Up to 8 private offices plus a conference room
  • Approximately 20' x 43' warehouse area
  • Separate men's and women's restrooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Building Supply Furniture & Home Goods Bakery Big Box & Wholesale Store 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for New Castle, IN

$9.25 /SF/Yr
Avg Asking Price
$3.98–$13 /SF/Yr
Price Range
14,288 SF
Avg Space Size

This space is priced 57% below the average of $9.25 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Includes private offices, a conference room, restrooms, and dedicated warehouse space.
Where is this flex space located?
The property is located at 290 Us Highway 36 W New Castle, IN.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: Up to 8 private offices plus a conference room; Approximately 20' x 43' warehouse area; Separate men's and women's restrooms
More about this property
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