University-Adjacent Commercial
For Sale
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4325 S Western Ave, Marion, IN 46953
Hard-corner commercial site across from a major shopping center and near Indiana Wesleyan University.
Property Size1,025 SF
Price / SF$2,818
Days on Market12
Property Features for 4325 S Western Ave
General Information
Standard status
Active
Size
1,025 SF
Property subtype
RETAIL
Listing Agency:
CP Partners
(415) 274-2715
Listed By:
John Andreini · License #01440360
(415) 274-2715
Source:
Moodyscre
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 22 at 4:20AM
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 CP Partners
Investment Insights
Based on property information with market context.
Commercial land at the intersection of S Western Avenue and W 44th Street in Marion, positioned across from University Marketplace and less than a quarter mile from Indiana Wesleyan University’s Marion campus. The site is planned for 2026 build-to-suit construction featuring a double drive-thru.
The proposed lease structure is a 15-year absolute net lease with 10% rental increases every 5 years. University Marketplace comprises 325K SF and records 2.8M annual visits, with Meijer, Kohl’s, Hobby Lobby, PetSmart, Sephora, and T.J. Maxx among its national anchors. Indiana Wesleyan University has 3,000 enrolled students at the Marion campus.
The proposed lease structure is a 15-year absolute net lease with 10% rental increases every 5 years. University Marketplace comprises 325K SF and records 2.8M annual visits, with Meijer, Kohl’s, Hobby Lobby, PetSmart, Sephora, and T.J. Maxx among its national anchors. Indiana Wesleyan University has 3,000 enrolled students at the Marion campus.
Key Highlights
- Hard‑corner position at S Western Avenue and W 44th Street
- 2026 build‑to‑suit construction planned with double drive‑thru
- 15‑year absolute net lease with 10% rental increases every 5 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 46953, IN
22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Hard-corner commercial site across from a major shopping center and near Indiana Wesleyan University.
Where is this commercial land located?
The property is located at 4325 S Western Ave Marion, IN.
What is the asking price?
The asking price for this property is $2,889,000.
What are key features of this property?
This property features: Hard‑corner position at S Western Avenue and W 44th Street; 2026 build‑to‑suit construction planned with double drive‑thru; 15‑year absolute net lease with 10% rental increases every 5 years
