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- LoopNet Team
3015 S 14th St
New Castle, IN 47362
Payne Village · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 8.06 AC |
| Property Subtype | Storefront | Year Built | 1985 |
| Gross Leasable Area | 15,250 SF | Parking Ratio | 2.3/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 15,250 SF |
| Total Land Area | 8.06 AC |
| Year Built | 1985 |
| Parking Ratio | 2.3/1,000 SF |
ABOUT THE PROPERTY
Payne Village was recently anchored by a 32,414 square foot Marsh Supermarket that has been in New Castle for nearly 50 years. Marsh was accompanied by a strong mix of national/regional tenants including Sherwin Williams, Sears,Citizens State Bank ATM, and the Henry County Bureau of Motor Vehicles. From the September 1st the Marsh space of 32,414 will be available for lease. For longer leases to this unit, the owner will provide tenant improvement allowances. Further, the rent price is negotiable! The subject property is an 75,000 square foot grocery anchored neighborhood center located in New Castle, Indiana. New Castle is located in east-central Indiana approximately 40 miles east of Indianapolis. The subject property is located less than two miles east of State Road 3, which is the main retail corridor in New Castle, and only three miles from Interstate 70, which is the main East/West Interstate of the United States. Henry County is conveniently located within minutes of I-70 and within an hour of I-69, I-65, I-74, and I-75, it's no problem getting to Indianapolis, Cincinnati, Dayton, Fort Wayne, and other major Midwestern cities.
- Signage
