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    632 Kimmell Rd Vincennes, IN 47591

    Sponsored
    For Lease
    $22 SF/Yr ($17,600 /Mo)

    Vincennes, IN Strip Center - 1 Space Available

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Kimmell Plaza, a Class A, single-story retail strip center in Vincennes, Indiana, offers a prime investment opportunity. This 9,600 square foot property, situated on a 1.19-acre lot (APN: 421227405002000022), boasts five suites and is conveniently located at 632 Kimmell Rd, near the intersection of Hart Street and Highway 41. Currently, the center houses AT&T, the Armed Forces Career Center, Pizza Hut, and LA Nails, with one 1,200 square foot space becoming available at the end of January 2025. Built in 2005, the center benefits from its strategic location within a regional shopping district, enjoying high visibility and easy access from Kimmell Road. The property's strong tenant mix is complemented by its proximity to a Walmart Supercenter, Hobby Lobby, Marshall's, and Kohl's, further enhancing its appeal. The center's location near Vincennes University and its proximity (0.25 miles) to Highway 41 ensures excellent accessibility and exposure to a large customer base. The surrounding area demonstrates significant growth and development, coupled with desirable demographics and a strong regional draw from neighboring towns. The property is zoned C-3. This is an exceptional opportunity to acquire a well-located, established retail center in a thriving market.

    Property Features for 632 Kimmell Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Class
    A
    Total Rate
    17600

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,200 SF
    Rate per SF
    $22

    HighLights

    • High‑profile location directly across from a Walmart Supercenter.
    • Less than a quarter‑mile to Highway 41 for easy access.
    • Close proximity to Vincennes University.
    • Strong tenant mix including AT&T, Armed Forces Career Center, Pizza Hut, and LA Nails.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Air Force ... Military Recruiting Office Fikes Insurance Services Auto Insurance Agency US Marine Corps ... Military Recruiting Office AT&T Store Cell Phone Store Citi Financial Loan Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.505680645753
    Latitude
    38.660520504239

    Nearby Comparable

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    Nearby Similar for Lease

    • New
      $3,000 /Mo
      7,840 SF

      Versatile Commercial Property in Vincennes

      Adaptable space suitable for retail, office, or service businesses.
      21 S 13Th St, Vincennes, IN 47591
      View Details
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      Kimmell Pointe Retail Opportunity

      Retail spaces available at Kimmell Pointe Shopping Center.
      Kimmell Rd And Hart St, Vincennes, IN
      View Details
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      Retail Space in Knox Plaza

      Retail space available in high-visibility Vincennes shopping center.
      2333 N 6Th St, Vincennes, IN 47591
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    • $15 SF/Yr
      44,962 SF

      Kimmell Crossing Retail Space

      Vincennes Retail Center: 4,800 SF Available
      648 Kimmell Rd, Vincennes, IN 47591
      View Details
    • Contact for pricing
      7,046 SF

      Vincennes Retail Center - Prime Location

      High-Visibility Retail Space Available in Indiana
      601 College Ave, Vincennes, IN 47591
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Vincennes, IN Strip Center - 1 Space Available
    Where is this neighborhood center located?
    The property is located at 632 Kimmell Rd Vincennes, IN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-profile location directly across from a Walmart Supercenter.; Less than a quarter-mile to Highway 41 for easy access.; Close proximity to Vincennes University.
    Request Owner's contact information
    632 Kimmell Rd Vincennes, IN 47591
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    Vincennes, IN 47591
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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
    632 Kimmell Rd Vincennes, IN 47591
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