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Healthcare-Anchored Neighborhood Shopping Center

671 Third Ave, Jasper, IN 47546

For Sale
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The fully leased tenant roster includes healthcare providers and service-oriented retailers.

Property Size38,812 SF
Price / SF$102.55
Days on Market26

Property Features for 671 Third Ave

General Information

Standard status Active
Size 38,812 SF
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants DaVita Dialysis, Dollar General
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield - Chicago, Illinois
Listed By: David Matheis · License IL 475.122515
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 2:46PM

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 Cushman & Wakefield - Chicago, Illinois

Rey
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Investment Insights

Based on property information with market context.

Jasper Plaza is a 38,812-SF neighborhood shopping center at 671 Third Ave in Jasper, Indiana. DaVita Dialysis and Dollar General anchor the tenant roster, and healthcare users occupy approximately 65% of the center’s gross leasable area. Tenants have an average tenure of 8.9 years, with a 4.0-year weighted average lease term and contractual rent increases in place.

The property is 100% leased and serves a 10-mile trade area with 36,381 residents and an average household income of $91,770. Jasper is also home to Jasper Engines & Transmissions, Kimball Electronics, MasterBrand Cabinets, and Deaconess Memorial Medical Center.

Key Highlights

  • 38,812 SF neighborhood shopping center at 671 Third Ave in Jasper, Indiana
  • 100% leased, with DaVita Dialysis and Dollar General as anchors
  • Healthcare tenants occupy approximately 65% of gross leasable area

Property Analytics

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Open Analytics

Current Use

FedEx OnSite Postal Service Nick Giesler DDS Dental Office The Hearing Doctor Hearing Aid Store Adaptive Nursing and Healthcare ... Home Health Care Service Doodlebug Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Dental Office Pharmacy HVAC Service Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48%
Fazoli's Dining
6,297 visits/mo 0.1 miles
Dollar General Shops & Services
3,493 visits/mo 0.1 miles
Big O Tires Shops & Services
1,448 visits/mo 0.0 miles
Napa Auto Parts Shops & Services
845 visits/mo 0.4 miles

Demographics for 47546, IN

22,445
Population
10,080
Households
2.2
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
121.6 sq mi
ZIP Area
185
Density / Sq Mi
$67,806
Median Household Income
$41,824
Median Earnings
$767
Median Rent
$232,300
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Daugerity Vendor Mall — 847 Third Ave, Jasper, IN 47546
  • Jasper Manor — 847 Third Ave, Jasper, IN 47546

Frequently Asked Questions

What type of property is this?
Shopping center - The fully leased tenant roster includes healthcare providers and service-oriented retailers.
Where is this shopping center located?
The property is located at 671 Third Ave Jasper, IN.
What is the asking price?
The asking price for this property is $3,980,000.
What are key features of this property?
This property features: 38,812 SF neighborhood shopping center at 671 Third Ave in Jasper, Indiana; 100% leased, with DaVita Dialysis and Dollar General as anchors; Healthcare tenants occupy approximately 65% of gross leasable area
(312) 470-2347 Call to check price and availability
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