Property summary
This exceptional 5,404 square foot commercial space is ideally situated in the heart of The Village at Ball State University, offering unparalleled access to a high volume of daily foot traffic. The property boasts a single-tenant occupancy within a building encompassing a total of 5,404 square feet, situated on a generous 19,602 square foot lot. The layout features a large, open floor plan complemented by a mezzanine level providing a commanding view of the entire unit. This versatile space is suitable for a variety of uses, including traditional office, coworking, or creative office environments, and even restaurant possibilities due to its prime location. Reserved parking is available for both employees and customers, a significant advantage in this high-traffic area. The lease is structured as a NNN lease. This presents a unique investment opportunity, particularly given the significant Ball State University development project underway. This project, slated for completion by 2026, includes a new hotel and additional commercial spaces, promising further growth and increased foot traffic in The Village. Securing this space now positions your business to thrive as this vibrant area continues its expansion. Don't miss this chance to establish a strong presence in a rapidly developing and highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Tanning Salon
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Electronics & Wireless Store (Bike/Boat/Book/etc) Store
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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