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Bel-Aire Shopping Center 2505-2549 E State Road 44 7,000 SF of Retail Space Available in Shelbyville, IN 46176
HIGHLIGHTS
- 1,200 -15,000 SF available.
- Busy retail trade area located across the street from a high-producing Walmart Super Center.
- Pylon sign available.
- Join anchor tenants Dollar Tree and Planet Fitness.
- Freshly painted facade and new parking lot improvements.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2523 | 7,000 SF | Negotiable | $12.44 CAD/SF/YR $1.04 CAD/SF/MO $87,098 CAD/YR $7,258 CAD/MO | Negotiable |
2521-2549 E In-44 - 1st Floor - Ste 2523
- 7,000 SF retail suite in a high-traffic shopping center with excellent visibility - Anchored by Harbor Freight, Ollie’s, Dollar Tree, and Planet Fitness - Tenant-focused ownership offering up to 6 months free rent and build-out assistance - Flexible layout ideal for retail, fitness, restaurant, or showroom use - Ample parking and easy access from major roads - Hands-on landlords known for being responsive, flexible, and deal-drive
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Fully Built-Out In-Line Retail Space
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 BEL-AIRE SHOPPING CENTER
- Dollar Tree
- Planet Fitness
PROPERTY FACTS
| Total Space Available | 7,000 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 115,428 SF |
| Parking | 1405 Spaces | Total Land Area | 46.72 AC |
| Stores | 21 | Year Built | 1988 |
| Center Properties | 4 |
| Total Space Available | 7,000 SF |
| Center Type | Community Center |
| Parking | 1405 Spaces |
| Stores | 21 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 115,428 SF |
| Total Land Area | 46.72 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Bel Aire Shopping Center is a well-maintained retail destination located along one of Shelbyville’s busiest commercial corridors. Anchored by Harbor Freight, Ollie’s, Dollar Tree, and Planet Fitness, the center draws steady daily traffic and offers outstanding visibility and easy access. Spaces feature large open floor plans, wide storefronts, and excellent signage opportunities, making them ideal for retail, restaurant, fitness, or showroom users. Ownership is known for being the most tenant-friendly in town, offering aggressive leasing incentives, up to $50,000 in TI assistance, and flexible terms to help businesses open quickly and thrive in this strong retail trade area.
NEARBY MAJOR RETAILERS
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Bel-Aire Shopping Center | 2505-2549 E State Road 44
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