1510 W Braewick Dr, Marion, IN 46952
For Lease
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This exceptional 6,705-square-foot freestanding retail or restaurant building presents a unique investment opportunity in Marion, Indiana's vibrant Five Points Mall submarket. Situated on a generous 2.05-acre lot at 1510 W Braewick Drive, this single-tenant property boasts ample parking with 266 spaces. Built in 1993, the building is classified as Class C and features a single story design. The entire 6,705 square feet is currently vacant, offering immediate occupancy for a discerning buyer. The property's zoning is designated as GB, providing flexibility for a variety of commercial uses. Its convenient location within the bustling Five Points Mall area ensures high visibility and accessibility for customers. The property's address is 1510 W Braewick Drive, Marion, IN 46952, and its location is further identified by APN 27-03-36-404-001.000-023 in Grant County. This is a rare chance to acquire a substantial, well-located commercial property with significant potential for growth and return on investment. The expansive lot size offers ample room for expansion or outdoor amenities, enhancing the property's appeal and functionality. Don't miss this opportunity to secure a prime location in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.