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7984 W State Road 32
Lebanon, IN 46052
Property For Lease

Highlights

  • Positioned at a major intersection
  • Epicenter of large economic development

Property Facts

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 1,204 SF
Year Built 2003

About the Property

Discover an exceptional leasing opportunity in one of Lebanon, Indiana's most rapidly developing commercial corridors. This prime property is a 1,204-square-foot building perfectly suited for retail or office use, situated on a generous 2.57-acre lot. Located at the highly visible intersection of State Road 32 and State Road 75, this space offers unparalleled exposure to a growing volume of traffic. Key Features: Strategic Location: Positioned at a major intersection, providing excellent visibility and easy access for customers and clients. The property benefits directly from the high-traffic flow along SR 32, a key artery connecting to Interstate 65. High-Growth Area: This location is at the epicenter of significant economic development. It is in close proximity to Eli Lilly's multi-billion-dollar LEAP Lebanon Innovation and Research District, a project that will dramatically increase population, traffic, and commercial activity in the coming years. Upcoming Infrastructure Improvements: The Indiana Department of Transportation (INDOT) is in the process of realigning and widening SR 32 to a four-lane highway, further enhancing accessibility and traffic volume directly in front of the property. Versatile Space: The 1,204 sq ft building offers a flexible layout that can be adapted for a wide range of uses, from retail storefronts and service businesses to professional offices and medical clinics. Ample Land: The 1.07-acre lot provides significant potential for expansion, parking, or outdoor business operations, offering a distinct advantage over other properties in the area. Demographics: The surrounding area is experiencing rapid population growth and an influx of new businesses, creating a robust customer base for future tenants.

  • Listing ID: 37224176

  • Date on Market: 8/11/2025

  • Last Updated:

  • Address: 7984 W State Road 32, Lebanon, IN 46052

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