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    3513 Main St Richmond, IN 47374

    For Lease
    $17 SF/Yr

    High-traffic retail space near Walmart.

    Lot size:
    75,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located in a vibrant shopping center at 3513 E Main St, Richmond, IN 47374, shadow-anchored by a Walmart. The property consists of two Class B buildings totaling 75,744 square feet, each featuring one story and no elevators. Currently, there are 2,700 square feet of vacant space available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 1,600 square feet. The property is zoned commercial (APN: 891634440610000030) and boasts excellent visibility due to its location at a signalized entrance along East Main Street. Strong co-tenancy includes well-established national brands such as TJ Maxx, JoAnn Fabrics, Dollar Tree, Sally Beauty, Game Stop, and Jimmy Johns. The property offers ample pylon signage opportunities on the main road and multiple points of egress for convenient access. This is an ideal location for businesses seeking high visibility and strong foot traffic in a thriving retail environment within Wayne County.

    Property Features for 3513 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,744 SF
    Class
    B
    Total Rate
    107304

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 3559
    Size
    1,600 SF
    Rate per SF
    $17
    Space
    Suite 3545
    Size
    1,558 SF
    Rate per SF
    $17

    HighLights

    • 75,744 SF retail space in two Class B, single‑story buildings at 3513 E Main St, Richmond, IN.
    • Shadow‑anchored by Walmart, with strong co‑tenancy including TJ Maxx, JoAnn Fabrics, and others.
    • 2,700 SF of divisible vacant space (1,100‑1,600 SF units).
    • Excellent visibility and access at a signalized intersection on E Main St.
    • Ample pylon signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar Tree Craft Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.8544719
    Latitude
    39.8298031

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space near Walmart.
    Where is this lifestyle center located?
    The property is located at 3513 Main St Richmond, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 75,744 SF retail space in two Class B, single-story buildings at 3513 E Main St, Richmond, IN.; Shadow-anchored by Walmart, with strong co-tenancy including TJ Maxx, JoAnn Fabrics, and others.; 2,700 SF of divisible vacant space (1,100-1,600 SF units).
    Request Owner's contact information
    3513 Main St Richmond, IN 47374
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    Richmond, IN 47374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3513 Main St Richmond, IN 47374
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