Morton Square Shopping Center
Shopping Center
for Lease
Also listed as Industrial
| Catylist Listing ID: |
30682598 |
| Property Subtypes: |
Community Center, Mixed Use, Neighborhood Center, Strip Center
|
| Contiguous Space: |
1,600 - 28,421 SF |
| Total Available: |
28,460 SF |
| Building Size (RSF): |
63,000 SF |
| Gross Land Area: |
6.82 Acres
|
| Lease Rate: |
$4 - 20 PSF (Annual)
|
| Base Monthly Rent: |
$3,333 |
| Lease Types: |
Industrial Gross, Net Lease, NNN |
| Building Name: |
Morton Square |
| Last Updated: |
9/15/2023 |
Overview / Comments
Drone video shot February 2018:
https://clients.dronebase.com/m/1ef30999a0bdf5f645d34914fd70fd3d
Broker is also the owner.
|
| Level/Floor: |
1 |
| Space Available: |
4,760 SF |
| Max Contiguous: |
28,421 SF |
| Lease Rate: |
$15 PSF (Annual)
$5,950 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
4760 SF in the front of larger space to split off |
| Space Subcategory: |
Medical, Community Center |
| Date Available: |
1/1/2023 |
| Space Type: |
Relet |
| Parking Spaces |
200 |
| CAM Expenses |
$2 PSF (Annual) |
| Level/Floor: |
1 |
| Space Available: |
5,400 SF |
| Max Contiguous: |
28,421 SF |
| Lease Rate: |
$15 PSF (Annual)
$6,750 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Frontage space in larger building to be split up. |
| Space Subcategory: |
Community Center, Medical |
| Date Available: |
1/1/2023 |
| Space Type: |
Relet |
| Parking Spaces |
200 |
| CAM Expenses |
$2 PSF (Annual) |
| Space Available: |
2,000 SF |
| Minimum Divisible: |
1,600 SF |
| Max Contiguous: |
28,400 SF |
| Lease Rate: |
$20 PSF (Annual)
$3,333 (Monthly)
|
| Lease Type: |
Net Lease |
| Space Description: |
This space is planned to be a QSR with drive thru. It will have visibility to SR 39. See attached pdf with pictures of the planned drive thru.
Lease price is dependent on landlord buildout cost. Shopping center lease with CAM, property tax and insurance reimbursements. |
| Date Available: |
10/8/2021 |
| Space Type: |
New |
| CAM Expenses |
$2 PSF (Annual) |
|
Suite: 285 D
|
16,300 SF
|
$4 - 6 PSF (Annual)
NNN,Industrial Gross
|
| Space Available: |
16,300 SF |
| Max Contiguous: |
28,421 SF |
| Lease Rate: |
$4 - 6 PSF (Annual)
$5,433 - 8,150 (Monthly)
|
| Lease Type: |
NNN,Industrial Gross |
| Space Description: |
Former Marsh Grocery. Will split to make 16,300 SF warehouse space with 2 truck docks and a drive in door.
Ceiling height of approx. 18 feet |
| Space Subcategory: |
Warehouse/Distribution |
| Date Available: |
10/15/2021 |
| Lease Term: |
60 Months |
| Space Type: |
Relet |
| Parking Spaces |
150 |
| CAM Expenses |
$1.40 PSF (Annual) |
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Morgan |
| Tax ID/APN: |
55-13-04-340-0006.000-021 |
| Zoning: |
B-3 |
| Property Visibility: |
Good |
| Largest Nearby Street: |
SR 39 |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Parking Description: |
Large Parking lot with hundreds of spaces |
| Total Parking Spaces: |
300 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,409 |
15,744 |
20,548 |
| Median Age: |
37.19 |
38.05 |
39.13 |
| Households: |
2,562 |
6,078 |
7,868 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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