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    2028-2138 Burton Ln Martinsville, IN 46151

    Sponsored
    For Lease
    $12 SF/Yr

    High-traffic retail space available.

    Lot size:
    16,354 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Martinsville Plaza offers exceptional retail opportunities with three available spaces ranging from 1,297 to 12,126 contiguous square feet. A total of 16,354 square feet is currently vacant within this B3-zoned shopping center, providing flexibility for various retail concepts. Boasting premium visibility and convenient access from I-69 via exit 137, this location is a prime destination in Martinsville, attracting over 194,000 weekly visitors. The property benefits from recent improvements, including repaving of the parking lot and fresh exterior paint, ensuring a well-maintained and attractive environment for both tenants and customers. The high traffic volume, coupled with the strategic interstate access, presents a unique opportunity for businesses seeking significant exposure and a strong customer base. The minimum divisible space is 1,297 square feet, making it suitable for a range of businesses, while larger tenants can occupy up to 12,126 contiguous square feet. This highly visible and well-maintained shopping center represents a compelling investment opportunity in a thriving retail market.

    Property Features for 2028-2138 Burton Ln

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,354 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,297 SF
    Rate per SF
    $14
    Space
    Available Space 2
    Size
    12,126 SF
    Rate per SF
    $12
    Space
    Available Space 3
    Size
    2,931 SF
    Rate per SF
    $14

    HighLights

    • Retail shopping center with multiple tenancies available.
    • Spaces range from 1,297 to 12,126 square feet.
    • 16,354 square feet of vacant space currently available.
    • B3 zoning.
    • High visibility and accessibility from I‑69, exit 137.
    • High traffic location with over 194,000 weekly visits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.439130312323
    Latitude
    39.407592121954

    Nearby Comparable

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      Martinsville Retail Space Available

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      2028 Burton Ln, Martinsville, IN 46151
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      Martinsville Retail Space Available

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    Nearby Similar for Lease

    • $3,000 /Mo
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      Martinsville Office Space For Rent

      Former Farm Credit building with flexible office space available for rent.
      1209 E Morgan St, Martinsville, IN 46151
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    • $2,500 /Mo
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      400 E Mahalasville Dr, Martinsville, IN 46151
      View Details
    • $2,500 /Mo
      43,124 SF

      Versatile Commercial/Industrial Building in Martinsville

      5,000 sq ft building with office and manufacturing space.
      400 E Mahalasville Dr, Martinsville, IN 46151
      View Details
    • $3,425 /Mo
      56,000 SF

      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
      2028 Burton Ln, Martinsville, IN 46151
      View Details
    • $9,945 /Mo
      58,754 SF

      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
      2020-2138 Burton Ln, Martinsville, IN 46151
      View Details
    • $252 SF/Yr
      2,000 SF

      Morgan Street Office Building

      Versatile Office Space - 2,000 sq ft
      1209 Morgan St, Martinsville, IN 46151
      View Details
    • Contact for pricing
      2,521 SF

      Retail Space Available For Sublease

      2,521 SF retail space available for sublease.
      640 Birk Rd, Martinsville, IN 46151
      View Details
    • Contact for pricing
      4,265 SF

      Freestanding Restaurant Building with Drive-Thru

      4,265 SF former Steak N Shake with drive-thru for lease.
      650 Birk Rd, Martinsville, IN 46151
      View Details
    • $20 SF/Yr
      1,558 SF

      Retail Space with Flexible Layout

      Modern retail property with ample parking and high visibility.
      35-49 Bills Blvd, Martinsville, IN 46151
      View Details
    • Contact for pricing
      3,044 SF

      Restaurant Space with Drive-Thru

      3,044 SF restaurant space with drive-thru and pylon signage.
      2235 Burton Ln, Martinsville, IN 46151
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space available.
    Where is this lifestyle center located?
    The property is located at 2028-2138 Burton Ln Martinsville, IN.
    What is the lease rate?
    The lease rate is $12-$14 SF/Yr.
    What are key features of this property?
    This property features: Retail shopping center with multiple tenancies available.; Spaces range from 1,297 to 12,126 square feet.; 16,354 square feet of vacant space currently available.
    Request Owner's contact information
    2028-2138 Burton Ln Martinsville, IN 46151
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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.

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    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
    2028-2138 Burton Ln Martinsville, IN 46151
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