Elwood, IN Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Elwood, IN Strip malls Lease Rates & Market Statistics
Browse 2 Strip malls for lease in Elwood, IN on Realmo, a commercial real estate marketplace serving the Elwood area. The current inventory totals 4,020 square feet of properties.
Strip malls lease rates in Elwood range from $14 SF/Yr at the entry level to $14 SF/Yr at the top of the market, averaging $14 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14 SF/Yr, the local average runs 50% below Indiana's state average of $27.99 SF/Yr.
Elwood accounts for 40% of the 5 strip malls currently available across Madison County, where a nearby market includes Anderson. Strip malls are one of the more limited space types in Elwood, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.
