Connersville Retail Center For
3896 Western Avenue Connersville, IN 47331
3896 Western Avenue, Connersville, IN, 47331
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For Sale
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25,000 SF shopping center in Connersville, Indiana.
Property Size25,000 SF
Lot Size1.67 Acres
Price / SF$125
Days on Market75
Property Features for 3896 Western Avenue
General Information
- Standard status
- Active
- Size
- 25,000 SF
- Lot size
- 1.67 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing Agency
Marcus & Millichap - Indianapolis
Listed by
Richard Niewiadomski · License #RB21000331
Source
Crexi
Added: May 4 Checked: Jul 16 at 12:41 pm
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Connersville Commons is a 25,000-square-foot shopping center in Connersville, Indiana, the county seat for Fayette County. Situated on 1.67 acres along Western Avenue (IN SR 1), the property benefits from visibility and accessibility, sharing a signalized intersection with a Walmart Supercenter. The surrounding area includes national retailers such as Verizon, Great Clips, H&R Block, Goodwill, Burger King, and a Casey’s gas station slated for construction just south of the property. Additional retailers less than one mile away include Dunkin, Kroger, Pizza Hut, and Arby’s. Constructed in 2014, the asset features a tenant mix that includes national retailers and essential state services. Dollar Tree anchors 36% of the GLA, alongside tenants such as Shoe Show, and Rent-A-Center. Recent leasing activity includes ten-year leases with the Indiana Division of Family Resources (coming soon) and Nails Tech, as well as a seven-year renewal from Shoe Show. 68% of the GLA operates under absolute triple-net leases. The property is being offered 100% occupied with a 5.5-year weighted average lease term and features a durable metal roof with a long remaining useful life. The property is located along the city’s primary commercial corridor.
Key Highlights
- Premier shopping center shadow‑anchored by Walmart Supercenter.
- Located on Western Avenue/IN SR 1 with excellent visibility and accessibility.
- 100% occupied with a 5.5‑year weighted average lease term.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - 25,000 SF shopping center in Connersville, Indiana.
Where is this shopping center located?
The property is located at 3896 Western Avenue Connersville, IN.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Premier shopping center shadow‑anchored by Walmart Supercenter.; Located on Western Avenue/IN SR 1 with excellent visibility and accessibility.; 100% occupied with a 5.5‑year weighted average lease term.
