Building Details

Year Built 1996

Listing Agency: AXEN Realty LLC k***@exprealty.com Show Phone

Listed By: Kathy Zamora

Source: Eveloteam

Added: Jul 29 Changed: Aug 30 Last Checked: Aug 30 at 6:36PM

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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 AXEN Realty LLC

Investment Insights

Based on property information with market context.

This 1,575-square-foot retail space provides an open commercial layout that can be adapted to different operating requirements. The property supports retail, boutique services, office use, and other small-business applications, with interior areas that can be customized for the selected use.

Constructed in 1996, the space is located at 550 W Walnut St in Frankfort, Indiana. Its configuration offers a straightforward starting point for a business seeking a dedicated commercial setting.

Key Highlights

• 1,575 square feet of retail space
• Open layout with customization flexibility
• Suitable for retail, boutique services, office use, or a small business

Property Analytics

Property Profile

Current Use

Élan collective Beauty ... Hair Salon Edge Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Bakery Storage Facility Kitchen & Bath Showroom

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

$2.29 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

547

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 8% Dining 6% Electronics 4%

BP Shops & Services

6,658 visits/mo 0.4 miles

Dollar General Shops & Services

5,019 visits/mo 0.5 miles

Marathon Shops & Services

4,630 visits/mo 0.5 miles

AutoZone Shops & Services

3,924 visits/mo 0.2 miles

Domino's Pizza Dining

1,603 visits/mo 0.5 miles

Demographics for 46041, IN

24,120

Population

9,889

Households

2.4

Avg Household Size

37

Median Age

17%

College-Educated

83%

High-School Grad

248.4 sq mi

ZIP Area

97

Density / Sq Mi

$60,716

Median Household Income

$39,503

Median Earnings

$900

Median Rent

$154,100

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

Questions? Ask Rey

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What type of property is this? Where is this retail 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?

Retail space - Open commercial layout suited to retail, boutique services, office use, or other small-business operations.

Where is this retail space located?

The property is located at 550 W Walnut St Frankfort, IN.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: 1,575 square feet of retail space; Open layout with customization flexibility; Suitable for retail, boutique services, office use, or a small business