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1516 W Tournament Trl - Motor District Campus - Building A

2,506 SF Retail Unit Offered at £512,716 in Westfield, IN 46074

Investment Highlights

  • Last space available in sought after location.
  • Signage with storefront design and rear loading garage doors with warehouse or finished space.
  • High-profile site in the heart of high growth/income trade area Westfield State Road 32 corridor.
  • Anchors the entrance into the Motor District.

Executive Summary

Multi-Tenant Building: Last commercial space remaining for sale Unit 103. Space includes main floor with second floor mezzanine. Ideal Flex Use Building: Spaces include storefront design and rear loading garage doors with warehouse or finished space. Spaces can be built out ranging from warehouse space, office space, retail space or any combination. Mix of industrial, retail and office uses is permitted. Motor District Anchor: Building anchors the entrance into the Motor District car condominium campus. Great Access & Connectivity: State Road 32 is a major east-west highway extending from I-69 to I-65; easy access to US 31 (Meridian Street) and US 421 (Michigan Road); Ditch Road is a primary north-south arterial with on-going improvements. Signalized access at State Road 32 and Ditch Road and full access at Gristmill Road and State Road 32. Excellent demographics: High average and median incomes and above average education attainment.

Property Facts

Price £512,716 Building Class A
Unit Size 2,506 SF Number of Floors 2
No. Units 1 Typical Floor Size 9,818 SF
Total Building Size 14,357 SF Year Built 2023
Property Type Light Industrial (Unit) Lot Size 0.70 AC
Property Subtype
Showroom
  • General Retail Storefront
  • Industrial Warehouse
  • OfficeLoft Creative Space
 Parking Ratio 2.86/1,000 SF
Sale Type Investment or Owner User Sale Conditions Shell & Core
Price £512,716
Unit Size 2,506 SF
No. Units 1
Total Building Size 14,357 SF
Property Type Light Industrial (Unit)
Property Subtype
Showroom
  • General Retail Storefront
  • Industrial Warehouse
  • OfficeLoft Creative Space
Sale Type Investment or Owner User
Building Class A
Number of Floors 2
Typical Floor Size 9,818 SF
Year Built 2023
Lot Size 0.70 AC
Parking Ratio 2.86/1,000 SF
Sale Conditions Shell & Core

1 Unit Available

Unit 103

Unit Size 2,506 SF Unit Use Retail
Price £512,716 Sale Type Investment or Owner User
Price Per SF £204.60 Sale Conditions Shell & Core
Unit Size 2,506 SF
Price £512,716
Price Per SF £204.60
Unit Use Retail
Sale Type Investment or Owner User
Sale Conditions Shell & Core
Description

First floor 1,706 square feet with 800 square feet of second floor mezzanine.

Links

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1516 W Tournament Trl, Westfield, IN - aerial map view - Image1
1516 W Tournament Trl, Westfield, IN - aerial map view - Image2

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
17
0 h 32 m
Chicago
2,705,994
174
3 h 30 m
Columbus
892,533
192
3 h 43 m
Detroit
672,662
274
5 h 26 m
Charlotte
872,498
582
11 h 12 m
Washington
702,455
583
11 h 15 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
281,725
Total Labor Force
172,586
Unemployment Rate
2.45%
Median Household Income
$98,156
Warehouse Employees
25,033
High School Education Or Higher
97.00%
$ values in USD

zoning

Zoning Code C (Planned Unit Development - Commercial / Enclosed Industrial)
C (Planned Unit Development - Commercial / Enclosed Industrial)
(463) 218-6839

  • Listing ID: 27061909

  • Date on Market: 07/11/2022

  • Last Updated:

  • Address: 1516 W Tournament Trl, Westfield, IN 46074

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1516 W Tournament Trl, Westfield, IN for sale Building Photo- Image 1 of 6
Cover
1516 W Tournament Trl, Westfield, IN for sale Aerial- Image 2 of 6
Drone Aerial Exhibit
1516 W Tournament Trl, Westfield, IN for sale Aerial- Image 3 of 6
Drone Aerial Exhibit
1516 W Tournament Trl, Westfield, IN for sale Building Photo- Image 4 of 6
Building Renderings
1516 W Tournament Trl, Westfield, IN for sale Typical Floor Plan- Image 5 of 6
Mezzanine Floor Plan

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1516 W Tournament Trl - Motor District Campus - Building A
(463) 218-6839 x

1516 W Tournament Trl - Motor District Campus - Building A

Travis May

(463) 218-6839

(463) 218-6839

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