Building Details

Year Built 2000

Listing Agency: Berkshire Hathaway Home b***@bhhsin.com Show Phone

Listed By: Robert Robey · License #RB14024839

Source: Megandusing

Added: Jul 29 Changed: Aug 29 Last Checked: Aug 30 at 9:00PM

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Investment Insights

Based on property information with market context.

Suite #3 at 3850 W State Road 38 provides 7,200 square feet of flex space in a 2000-built property. The open interior is brightly lit and includes a 14-foot overhead door for moving equipment and materials. The configuration is suited to repair operations, landscaping businesses, contractors, and similar commercial uses identified for the space.

Additional outdoor storage is available, expanding the property’s utility for businesses that need room for equipment or materials. The suite is located in Sheridan, Indiana, in Hamilton County, with access from W State Road 38.

Key Highlights

• 7,200 square feet of flex space
• 14‑foot overhead door for equipment and material access
• Additional outdoor storage is available

Property Analytics

Property Profile

Current Use

BC Storage Storage Facility C&N Adventures Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Pharmacy HVAC Service Spa & Massage Center

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

1

Drive-in doors

NNN (Triple Net)

Lease Type

$1.13 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 46069, IN

7,012

Population

3,054

Households

2.3

Avg Household Size

42

Median Age

26%

College-Educated

93%

High-School Grad

88.4 sq mi

ZIP Area

79

Density / Sq Mi

$70,784

Median Household Income

$46,042

Median Earnings

$861

Median Rent

$243,400

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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

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Frequently Asked Questions

What type of property is this?

Flex space - Open, well-lit commercial space supports repair, landscaping, and contractor operations with convenient equipment access.

Where is this flex space located?

The property is located at 3850 W State Road 38 Suite #3 Sheridan, IN.

What is the lease rate?

The lease rate is $4,500/Mo.

What are key features of this property?

This property features: 7,200 square feet of flex space; 14‑foot overhead door for equipment and material access; Additional outdoor storage is available