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    1047 Smaltz Way Auburn, IN 46706

    For Lease
    $13 SF/Yr ($17,649 /Mo)

    1,584 SF Retail Suite - Prime Auburn Location

    Lot size:
    15,984 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,584 square foot retail suite is situated within the Auburn Shoppes, a Class B retail center built in 2006. The property boasts a convenient location in Auburn, Indiana, at 1047 Smaltz Way, with ample parking and excellent visibility. The suite is part of a larger 15,984 square foot building comprised of five individual suites, offering a flexible tenancy arrangement. The property sits on 0.194 acres of land and is zoned SC. Its strategic location offers immediate access to I-69 and is surrounded by major retailers, including Buffalo Wild Wings and Cebollas Mexican Restaurant, as well as Fort Wayne Orthopedics, Hampton Inn, NCG Cinema, Walmart, Steak N Shake, Applebee's, Popeyes, Home Depot, and Lutheran Health. This high-traffic retail corridor ensures significant foot and vehicle traffic. The suite offers longer-term lease options ranging from 36 to 60 months, providing stability and opportunity for growth. The DeKalb County property (APN: 17-05-36-200-053.000-012) is a single-story building and presents a fantastic opportunity for businesses seeking a prominent location in a thriving commercial area. The property is currently vacant and ready for immediate occupancy.

    Property Features for 1047 Smaltz Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,984 SF
    Class
    B
    Total Rate
    17649

    Building Details

    Year Built
    2006
    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    Auburn Shoppes Retail Suite
    Size
    1,584 SF
    Rate per SF
    $13

    HighLights

    • 1,584 SF retail suite in Auburn, IN's Auburn Shoppes (Class B, 2006 construction).
    • Excellent visibility and ample parking at 1047 Smaltz Way.
    • Located in a high‑traffic retail corridor near I‑69, surrounded by major retailers.
    • Part of a 15,984 SF building with five suites; 0.194‑acre lot, SC zoning.
    • Vacant and ready for immediate occupancy; 36‑60 month lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cellular Connection Cell Phone Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.08661596
    Latitude
    41.36094101

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    FAQs

    What type of property is this?
    Office Property / Space - 1,584 SF Retail Suite - Prime Auburn Location
    Where is this office property / space located?
    The property is located at 1047 Smaltz Way Auburn, IN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,584 SF retail suite in Auburn, IN's Auburn Shoppes (Class B, 2006 construction).; Excellent visibility and ample parking at 1047 Smaltz Way.; Located in a high-traffic retail corridor near I-69, surrounded by major retailers.
    Request Owner's contact information
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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
    1047 Smaltz Way Auburn, IN 46706
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