52 And 600New Palestine, IN 46163

Property Details for 52 And 600

Year built

2021

Lot size

1.96 AC

Property size (Sq ft)

7,000 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional 7,000 square foot retail property, built in 2021, is situated at the northeast corner of US Highway 52 and 600 West in New Palestine, Indiana, zip code 46163. The property sits on a 1.96-acre lot and is zoned for commercial use. Multiple spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 43,996 square feet. Currently, the entire 7,000 square feet is vacant, presenting a unique opportunity for a single tenant or multiple businesses. The location benefits from high traffic counts due to its position on a main thoroughfare and proximity to a future I-70/I-74/I-69 connector corridor. This rapidly growing area boasts a significant expansion of the local high school ($50 million renovation and expansion, projected 200% enrollment growth), a newly constructed intermediate school, and over 500 new housing lots scheduled for development. A newly constructed 108,000 square foot, $40 million health and wellness center is also adjacent to the property, further enhancing its desirability and potential. This prime retail location offers unparalleled potential for businesses seeking to capitalize on the substantial growth and development within Hancock County.

Location Insight

City

New Palestine

County

Hancock

State

Indiana

Latitude

39.7268

Longitude

-85.9137

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