631 In-32 Westfield, IN 46074
- Lifestyle centers
- 13,350 SF
- 2.25 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 631 In-32
- Year built
- 2019
- Lot size
- 2.25 lot acres
- Property size
- 13,350 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional Class A shopping center, the Shoppes at Oak Ridge, presents a lucrative investment opportunity. Located at 631 IN-32 in Westfield, Indiana, within Hamilton County, this single-story, 2019-built property boasts 13,350 square feet of net rentable space across six units. Situated on a 2.25-acre lot, the center enjoys excellent visibility and accessibility, benefiting from strong traffic counts in a core retail market. The asking price is $6,600,000, translating to $494.38 per square foot. Tenants are responsible for maintenance, taxes, insurance, and an administrative fee. This property is ideally positioned in Westfield, IN, one of Indiana's fastest-growing communities, further enhanced by the construction of 438 adjacent apartment units, promising increased foot traffic and consumer base. The property's strategic location and modern construction make it an attractive investment for discerning buyers seeking a high-return retail asset in a thriving market. This is a for sale by owner opportunity.
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
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1478
- Latitude
- 40.0426
