Listing Agency: Heritage Square Realty

Listed By: Monica Lee Show Phone

Source: Exprealty

Added: Feb 22, 2025 Changed: Oct 6 Last Checked: Oct 6 at 2:25AM

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Investment Insights

Based on property information with market context.

Unit 7 is a retail space at Heritage Square Plaza with fiber-optic internet service. Recent exterior work includes a new roof and siding. Parking is available on both sides of the building, and the lot has a hitch for horses.

The property is near restaurants, shops, and schools. Rent includes parking-lot snow removal, landscaping, and trash removal.

Key Highlights

• Unit 7 retail space at Heritage Square Plaza
• Fiber‑optic internet service
• New roof and siding

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hair Salon Law Firm Dental Office Building Supply Nail Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

248

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Shops & Services

6,157 visits/mo 0.2 miles

BP Shops & Services

5,223 visits/mo 0.3 miles

Pak-A-Sak Shops & Services

3,413 visits/mo 0.2 miles

Demographics for 46540, IN

12,552

Population

4,245

Households

3

Avg Household Size

33

Median Age

19%

College-Educated

71%

High-School Grad

59.4 sq mi

ZIP Area

211

Density / Sq Mi

$99,664

Median Household Income

$45,850

Median Earnings

$1,074

Median Rent

$297,800

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?

Frequently Asked Questions

What type of property is this?

Retail space - The plaza offers parking at both the front and rear, with snow removal, landscaping, and trash service included in rent.

Where is this retail space located?

The property is located at 7-801 Wayne St Middlebury, IN.

What is the lease rate?

The lease rate is $10,800/Mo.

What are key features of this property?

This property features: Unit 7 retail space at Heritage Square Plaza; Fiber‑optic internet service; New roof and siding