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Build-to-Suit Office Unit
For Lease
$1,400/Mo

C-1049 Indianapolis Rd, Greencastle, IN 46135

GB1-zoned commercial space offers a customizable layout near Hendricks Regional Health, restaurants, and surrounding offices.

Space Size1,600 SF
Days on Market215

Property Features for C-1049 Indianapolis Rd

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,600 SF
Zoning GB1

Space & Availability

Available Space 1,600 SF
Contiguous Space 1,600 SF
Space Use Office
Condition Built-to-Suit
Available From Immediate

Additional Details

Utilities to Site Yes

Amenities

finished drywall walls
durable concrete floor
Listing Agency: Prime Real Estate ERA Powered
Listed By: Eric Wolfe · License #MBR25107
Source: Exprealty
Added: Jan 28 Changed: Aug 30 Last Checked: Aug 30 at 9:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Real Estate ERA Powered

Investment Insights

Based on property information with market context.

This 1,600 SF commercial unit is configured for a build-to-suit approach, with finished drywall and a concrete floor providing a ready base for tenant improvements. The landlord will construct the demising wall and install one unisex restroom. Immediate occupancy is available.

Zoned GB1, the space supports office and professional services, retail or showroom use, medical or dental practices, therapy or wellness operations, contractor or trade businesses, and other service-oriented uses permitted under the zoning. The property is located at C-1049 Indianapolis Rd in Greencastle, next to Hendricks Regional Health and near restaurants and other offices. The tenant is responsible for gas, electric, phone, and internet, while water and sewage remain the landlord’s responsibility.

Key Highlights

  • 1,600 SF commercial unit available for build‑to‑suit customization
  • GB1 zoning supports multiple commercial use categories
  • Finished drywall and concrete flooring provide an existing interior foundation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Kitchen & Bath Showroom Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 46135, IN

19,869
Population
7,148
Households
2.8
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
167.1 sq mi
ZIP Area
119
Density / Sq Mi
$70,847
Median Household Income
$33,314
Median Earnings
$902
Median Rent
$200,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - GB1-zoned commercial space offers a customizable layout near Hendricks Regional Health, restaurants, and surrounding offices.
Where is this office units located?
The property is located at C-1049 Indianapolis Rd Greencastle, IN.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: 1,600 SF commercial unit available for build‑to‑suit customization; GB1 zoning supports multiple commercial use categories; Finished drywall and concrete flooring provide an existing interior foundation
More about this property
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