For Lease
$32/SF/YR

16502 In-63 Covington, IN 47932

High-traffic retail space near I-74.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This 8,000 square foot retail building, constructed in 2024, is situated on a 1.52-acre lot in Covington, Indiana, and boasts a prime location directly off I-74 West, easily accessible from the State Road 63 exit. The property is zoned commercial and features a single-story building with multiple tenancy options. Currently, 3,600 square feet of space is available, with a minimum divisible unit of 2,400 square feet. This presents a unique opportunity for businesses seeking high visibility and convenient access to a major interstate. The property's strategic location places it adjacent to a travel plaza housing Arby's and Dunkin', and across State Road 63 from the Beef House Restaurant, ensuring high foot traffic and brand synergy. The property's address is 16502 N. State Road 63, Covington, IN 47932, with the APN number 83-01-04-200-011.000-009 in Vermillion County. This is an exceptional opportunity for businesses seeking a high-traffic location with excellent visibility and accessibility. The building's modern construction and flexible space options make it ideal for a variety of retail uses.

Highlights

  • Excellent I-74 West accessibility via State Road 63 (Covington) exit, the last exit before Illinois.
  • Strong co-tenancy with Arby's and Dunkin' in adjacent travel plaza.
  • Across IN-63 from Beef House Restaurant provides additional traffic and visibility.

Property Details for 16502 In-63

Property type
Retail properties
RSF (Rentable sq. ft)
8,000 SF
Year Built
2024
Buildings
1
Stories
1

Unit(s) available at that property

Space
16502 N. State Road 63
Size
3,600 SF
Rate per SF
$32

Location Insight

City
Covington
County
Vermillion
State
Indiana
Latitude
40.124126802282
Longitude
-87.450972268883

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FAQs

What type of property is this?
Retail property - High-traffic retail space near I-74.
Where is the retail property located?
The property is located at 16502 In-63 Covington, IN.
What is the lease rate?
The lease rate is $32/SF/YR.
What are key features of this property?
This property features: Excellent I-74 West accessibility via State Road 63 (Covington) exit, the last exit before Illinois.; Strong co-tenancy with Arby's and Dunkin' in adjacent travel plaza.; Across IN-63 from Beef House Restaurant provides additional traffic and visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Jeffrey Marchio
Jeffrey Marchio
Visit Broker Website

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In-63
Covington, IN 47932

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Disclaimer

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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16502 In-63
  • Jeffrey Marchio
    Jeffrey Marchio
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