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Gristmill Shoppes 1483 W Tournament Trl 1,107 SF of Office/Retail Space Available in Westfield, IN 46074

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HIGHLIGHTS

  • High visibility in high growth corridor
  • ONE SPACE REMAINING

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 102
  • 1,107 SF
  • Negotiable
  • $45.00 /SF/YR $3.75 /SF/MO $49,815 /YR $4,151 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 102 1,107 SF Negotiable $45.00 /SF/YR $3.75 /SF/MO $49,815 /YR $4,151 /MO Triple Net (NNN)

1st Floor, Ste 102

Size
1,107 SF
Term
Negotiable
Rental Rate
$45.00 /SF/YR $3.75 /SF/MO $49,815 /YR $4,151 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

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.

SITE PLAN

SELECT TENANTS AT GRISTMILL SHOPPES

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Elevate Family Dental
  • Health Care and Social Assistance
  • -
  • -
  • Hammer and Nails
  • Services
  • -
  • -
  • Hoffman Eye care
  • Health Care and Social Assistance
  • -
  • -
  • Papa Johns
  • -
  • -
  • -
  • Posh Polish
  • Health Care and Social Assistance
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Elevate Family Dental Health Care and Social Assistance - -
Hammer and Nails Services - -
Hoffman Eye care Health Care and Social Assistance - -
Papa Johns - - -
Posh Polish Health Care and Social Assistance - -

PROPERTY FACTS

Total Space Available 1,107 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 12,158 SF
Year Built 2024
Parking Ratio 9.46/1,000 SF

ABOUT THE PROPERTY

Multi-Tenant Building: Leasing 12,264 sq. ft. With ONE SPACE REMAINING !!!! Prime Commercial Node: High-profile site in the heart of high growth/income trade area in the Westfield State Road 32 corridor. 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. Zoning and Utilities: Within mixed-use Springmill Trails Planned Unit Development consisting of multi-family, single-family, commercial and light industrial zoning. Excellent demographics: High average and median incomes and above average education attainment. Amenities: Adjacent to SR 32 Greenway Trail Corridor; top-rated public schools (Westfield-Washington Township); dense pedestrian trail network; Wood Wind Golf Club; Pete Dye Courses; Grand Junction Plaza; high growth employment corridor of State Road 32.

  • Listing ID: 23712610

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 1483 W Tournament Trl, Westfield, IN 46074

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