3950 Newton St Jasper, IN 47546
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 3950 Newton St
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This listing presents two exceptional inline retail spaces, totaling 4,800 and 24,049 square feet, respectively, within a thriving Walmart-anchored shopping center in Jasper, Indiana. The property boasts excellent visibility and accessibility, featuring a signalized intersection at North Newton Street and Baden Strasse, along with two additional access points. This prime location sits in Jasper's busiest retail corridor, benefiting from a robust daytime population fueled by a strong professional community and one of Indiana's lowest unemployment rates. The center's diverse tenant mix includes Shoe Show, Fantastic Sam's, SMTV Vape & Smoke Shop, GameStop, New Super Buffet, Ross, Enterprise, and Gentiva Hospice, complementing the significant draw of the Walmart anchor. Jasper's economic strength is further underscored by its status as the "Wood Office Furniture Capital of the World," home to major manufacturers like Kimball International, the 6th largest office furniture company in the U.S. This presents a unique opportunity to establish a retail presence in a dynamic and prosperous community with high foot traffic and strong consumer spending. The available spaces offer significant potential for a variety of retail businesses seeking a strategic location within a well-established and successful shopping center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Dubois
- State
- Indiana
- Longitude
- -86.9355
- Latitude
- 38.4262
