Property profile

620-690 Pendleton Ave Lapel, IN 46051

OFF-MARKET
Retail properties & Spaces
2,800 SF
Saved · see the list in your Dashboard

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

Location

620-690 Pendleton Ave Lapel, IN 46051
Lapel metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 620-690 Pendleton Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message