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    5600 New Margaret Dr Terre Haute, IN 47803

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    For Lease
    Contact for pricing

    Prime Retail, High Traffic, Midwest

    Lot size:
    969 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail leasing opportunity offers multiple spaces within high-traffic Meijer stores across the Midwest. Units range from 783 to 1,752 square feet, with a total of 1,752 square feet currently vacant. These prime, front-of-store locations provide unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities. Interior and exterior signage opportunities are available for enhanced brand exposure. The spaces are situated in thriving trade areas with strong demographics, making them ideal for a variety of businesses. Suitable uses include financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. Located in Vigo County, this is a unique chance to establish your business within a well-known retail destination. The property is a multi-tenant retail space within a larger Meijer store. The building's total square footage is 969 square feet. This presents a strong opportunity for businesses seeking high visibility and consistent customer flow.

    Property Features for 5600 New Margaret Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    969 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    783 SF
    Space
    Suite A
    Size
    969 SF

    HighLights

    • 969 SF retail space available within a Meijer store in Vigo County.
    • Two spaces available, ranging from 783 to 1,752 contiguous square feet.
    • 1,752 square feet currently vacant.
    • High‑traffic, front‑of‑store location within a major Midwest retailer.
    • All‑inclusive monthly rent covers taxes, insurance, CAM, and utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.330663068485
    Latitude
    39.442217237366

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, High Traffic, Midwest
    Where is this retail property located?
    The property is located at 5600 New Margaret Dr Terre Haute, IN.
    What are key features of this property?
    This property features: 969 SF retail space available within a Meijer store in Vigo County.; Two spaces available, ranging from 783 to 1,752 contiguous square feet.; 1,752 square feet currently vacant.
    Request Owner's contact information
    5600 New Margaret Dr Terre Haute, IN 47803
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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
    5600 New Margaret Dr Terre Haute, IN 47803
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