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    OFF-MARKET
    Retail properties & Spaces

    620-690 Pendleton Ave, Lapel, IN 46051

    2,800 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 2,800 square feet of vacant space within the Lapel Commons shopping center, located at 620-690 W Pendleton Ave, Lapel, IN 46051. Situated in Madison County, this property offers a flexible layout, allowing for a single tenant to occupy the entire 2,800 square feet or the space can be divided to accommodate a minimum of 1,400 square feet. The maximum contiguous space available is 2,800 square feet, providing ample room for a variety of retail businesses. The property's location in Lapel offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The entire space is currently vacant, presenting a unique opportunity for a new tenant to establish a strong presence in the community. This is a prime opportunity for businesses seeking a well-located retail space in a thriving area. The property is classified as retail and offers multiple tenancy options, making it suitable for a range of businesses. The address is easily accessible and visible from the main road. This space is ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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