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1325 W South St 1,320 SF of Retail Space Available in Lebanon, IN 46052
Highlights
- Heavy daytime traffic
- Ongoing development nearby
- Located on major thoroughfare
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,320 SF | Negotiable | $51.79 CAD/SF/YR $4.32 CAD/SF/MO $68,365 CAD/YR $5,697 CAD/MO | Triple Net (NNN) |
1st Floor
Land lease
- Lease rate does not include utilities, property expenses or building services
- High traffic location
- Near ongoing redevelopment
- Major thoroughfare
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1325 W South St, Lebanon, IN 46052
- Tenant
- Description
- US Locations
- Reach
- Blue Fox HVAC
- Construction
- -
- -
| Tenant | Description | US Locations | Reach |
| Blue Fox HVAC | Construction | - | - |
Property Facts
| Total Space Available | 1,320 SF | Gross Leasable Area | 1,320 SF |
| Property Type | Retail | Year Built/Renovated | 1990/2022 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,320 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,320 SF |
| Year Built/Renovated | 1990/2022 |
| Parking Ratio | 10/1,000 SF |
About the Property
The Marquis Group of KW Commercial Lafayette is pleased to present this Land Lease opportunity available in Lebanon, IN. This property is located just East of I-65 along State Road 32. Close to the Lebanon LEAP district, 1325 W South St is a 0.54-acre retail property located at the intersection of W South St and Ransdell, with 174 feet of frontage on W South St (SR 32). The LEAP Lebanon Innovation District (Limitless Exploration/Advanced Pace) is a massive 9,000-acre economic development project in Lebanon, Indiana, designed to attract high-tech manufacturing and R&D companies. Managed by the Indiana Economic Development Corporation (IEDC), it is situated along the I-65 "Hard Tech Corridor" between Indianapolis and West Lafayette. Major Projects & Anchors Eli Lilly and Company: The primary anchor, investing over $9 billion in a pharmaceutical manufacturing campus focused on active ingredients for medications like Tirzepatide. Meta (Facebook): Recently broke ground in February 2026 on a $10 billion data center campus spanning 1,500 acres. Mixed-Use Village: Plans include a sustainable village with residential, retail, and office spaces integrated with the Big 4 Trail.
Nearby Major Retailers
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1325 W South St
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