New Castle Retail Center

715-721 South Memorial Drive
New Castle , IN 47362

Status	Available
Property Type	Shopping Center / Retail (Commercial/Other, Street, Strip Center)
Building Size	23,150 SF
Price/SF/Year	$5.50

Property Overview
This is a 23,150 sf inline retail center adjacent to a stand alone Pizza Hut. The property is situated along New Castle's retail corridor with strong frontage visibility and immediate access. The space is clean and ready for occupancy. Landlord can make ready 2,000 to 12,000 s.f. in short order. A great opportunity to join Fastenal as they position themselves along the SR 3 corridor in New Castles retail center of gravity. With less than 6% vacancy in retail centers along SR3, and competitive pricing, this is an excellent opportunity for retail tenants to take advantage of a healthy location. Excellent for furniture stores, fitness centers, restaurants, hardware, apparel, shoes, ice cream, and many other retail tenant uses. From I-70 take Exit 123. Go north on State Road 3 (Memorial Drive) towards New Castle, property is on the west side.

Property Overview

This is a 23,150 sf inline retail center adjacent to a stand alone Pizza Hut. The property is situated along New Castle's retail corridor with strong frontage visibility and immediate access. The space is clean and ready for occupancy. Landlord can make ready 2,000 to 12,000 s.f. in short order.

A great opportunity to join Fastenal as they position themselves along the SR 3 corridor in New Castles retail center of gravity. With less than 6% vacancy in retail centers along SR3, and competitive pricing, this is an excellent opportunity for retail tenants to take advantage of a healthy location.

Excellent for furniture stores, fitness centers, restaurants, hardware, apparel, shoes, ice cream, and many other retail tenant uses.

From I-70 take Exit 123. Go north on State Road 3 (Memorial Drive) towards New Castle, property is on the west side.

Features
Situated along New Castle's retail corridor
Ready for immediate occupancy

General Listing Information
Acreage	1.55 acres
Building Size	23,150 SF
Built Yet	Yes
Year Built	2002
# of Buildings	1
# of Units	3
# of Stories	2
Free Standing	No
# of High Docks	1
# of Grade Dock Doors	1
Parking Description	54 parking spaces drive up parking
Utilities Available	Cable, Electric, Gas, Water, Storm/Drain, Broadband

Financial Overview
Lease Rate	$5.50/SF/Year
Buyer Agent Commission	3.0%

Spaces

Office Suites

1,500 SF of office suites available. Space can be separated into three 500 SF offices, for $500/mo per suite.

Space Available	1,500 SF
Amount/Month	$1,500.00
Lease Type	Full Service
Min. Divisible SF	500
Max Contiguous SF	1500

Suite 150

Retail Space

Space Available	6,000 SF
Price/SF/Year	$5.50
Lease Type	NNN
Min. Divisible SF	6000
Max Contiguous SF	12000
Utilities Available	Cable, Electric, Gas, Water, Storm/Drain, Broadband

Suite 200

Retail Space

Space Available	4,000 SF
Price/SF/Year	$8.00
Lease Type	NNN
Min. Divisible SF	2000
Max Contiguous SF	23150
Utilities Available	Cable, Electric, Gas, Water, Storm/Drain, Broadband

Suite 300

Retail Space

Space Available	2,000 SF
Price/SF/Year	$8.00
Lease Type	NNN
Min. Divisible SF	2000
Max Contiguous SF	23150
Utilities Available	Cable, Electric, Gas, Water, Storm/Drain, Broadband