Retail Space
N Meridian St and 161st St Westfield, IN 46074
Details & Description
Price: $0
    Premier Retail Development in one of the fastest growing Trade Areas in Indiana. Located in the NE quadrant of the intersection of 161st St. and US 31 (Meridian St.) and boasting a combined daily traffic count off over 78,000 VP, Lantern Commons will soon become the unofficial gateway to Downtown Westfield. By extending Westfield Blvd. through the center of the project and connecting it to Union Street, the convenience and accessibility of this development is immense.Lantern Commons is a new 60 acre +/- mixed-use development located at the gateway of Westfield,IN. The approved Planned Unit Development is conveniently located to accommodate a lifestyle for either the local or commuter workforce.LIVE + WORK + PLAY is the theme of this one-of-a-kind project with planned development uses ranging from Retail, Hotel, Class-A Office Space, Senior Living, Daycare, Multi-Family Residential, and Small Shops and Restaurants - all with a strong sense of community and place.The new Westfield Boulevard Connector will provide easy access to downtown Westfield. Planned multi-use walking trails will expand and enhance the existing greenway. A proposed gateway feature creates a sense of arrival into the district and offers a unique greenway experience.The casual elegance of the site elements will unify the look and feel of the district and create an inviting destination where residents will want to be and be seen.
    Additional Photos
    Listing Agents
    Gary Perel

    O: 317-853-7500
    gary@alopg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    N Meridian St and 161st St

    Westfield, IN 46074

    Listing ID: 282296
    • N Meridian St and 161st St Westfield, IN 46074 | for Lease | Photo 1
    • N Meridian St and 161st St Westfield, IN 46074 | for Lease | Photo 2
    • N Meridian St and 161st St Westfield, IN 46074 | for Lease | Photo 3
    • N Meridian St and 161st St Westfield, IN 46074 | for Lease | Photo 4
    N Meridian St and 161st St | for Lease | Thumbnail 1
    N Meridian St and 161st St | for Lease | Thumbnail 2
    N Meridian St and 161st St | for Lease | Thumbnail 3
    N Meridian St and 161st St | for Lease | Thumbnail 4
    Unit Size: 2.7K - 5.5K SF
    Annual Rate/SF: $42.00
    Monthly Price: $9.4K - 19.2K
    Service Type: NNN
    Lot Size: --
    Land Size: --
    Price
    $42.00 sf/yr
    Description

    Premier Retail Development in one of the fastest growing Trade Areas in Indiana. Located in the NE quadrant of the intersection of 161st St. and US 31 (Meridian St.) and boasting a combined daily traffic count off over 78,000 VP, Lantern Commons will soon become the unofficial gateway to Downtown Westfield. By extending Westfield Blvd. through the center of the project and connecting it to Union Street, the convenience and accessibility of this development is immense.

    Lantern Commons is a new 60 acre +/- mixed-use development located at the gateway of Westfield,IN. The approved Planned Unit Development is conveniently located to accommodate a lifestyle for either the local or commuter workforce.

    LIVE + WORK + PLAY is the theme of this one-of-a-kind project with planned development uses ranging from Retail, Hotel, Class-A Office Space, Senior Living, Daycare, Multi-Family Residential, and Small Shops and Restaurants - all with a strong sense of community and place.

    The new Westfield Boulevard Connector will provide easy access to downtown Westfield. Planned multi-use walking trails will expand and enhance the existing greenway. A proposed gateway feature creates a sense of arrival into the district and offers a unique greenway experience.

    The casual elegance of the site elements will unify the look and feel of the district and create an inviting destination where residents will want to be and be seen.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Indianapolis History of Retail Space for Lease

    Westfield Area Market Trends

    Listing Demographics for N Meridian St and 161st St Westfield, IN 46074

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,07445,658112,995
    Population Median Age343637
    Population by Age0-9 Yrs985 (16%)6519 (14%)15509 (13%)
    10-19 Yrs1008 (16%)7122 (15%)17423 (15%)
    20-29 Yrs566 (9%)4764 (10%)11702 (10%)
    30-39 Yrs1107 (18%)6615 (14%)16190 (14%)
    40-49 Yrs790 (13%)6733 (14%)16275 (14%)
    50-59 Yrs737 (12%)6410 (14%)15217 (13%)
    60-69 Yrs491 (8%)4589 (10%)11203 (9%)
    70+ Yrs390 (6%)2907 (6%)9476 (8%)
    Median HH Income$99,179$104,831$101,668
    Total Household Income< 24K206 (9%)1259 (7%)3171 (7%)
    25-49K283 (12%)1997 (11%)5859 (13%)
    50-74K328 (15%)2479 (14%)6439 (15%)
    75-99K280 (12%)2287 (13%)5385 (12%)
    100-199K736 (33%)5865 (34%)13753 (32%)
    200K+343 (15%)2993 (17%)7747 (18%)
    Highest Education LevelNo Diploma905871990
    Diploma or GED43236308923
    Some College620466411430
    Assoc. Degree28319374624
    Bachelors Degree15851219429387
    Higher Degree822664217647
    Total Housing Units2,27617,60444,697
    --Owner-Occupied1,68113,03031,580
    --Renter-Occupied4963,85110,774
    Owner-Occupied Values< 100K552901068
    100-199K46629536522
    200-299K50839668683
    300-399K32629397322
    400-499K15113123671
    500K+17415694314
    Total Working Age Population4,39634,36486,033
    In Work Force3,30225,34861,658
    Not In Work Force1,0949,01624,375
    Workforce Employed3,21224,82760,074
    Workforce Unemployed905101,564
    Civlian Workforce3,30225,33761,638
    Military Workforce01120
    Total Households2,17716,88142,353
    Family Households1,65512,75431,261
    Non-Family Households5224,12711,092
    Married Couple1,35910,69826,336
    Other Family2962,0564,925
    Married w/Child7515,29812,978
    Single Male w/Child28262579
    Single Female w/Child1569612,389

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Hamilton County182,740+50274,569+25343,179+22417,754

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for N Meridian St and 161st St in Westfield?
    The asking price for N Meridian St and 161st St is $42.00 a SF per Year
    What is the building size of this commercial Retail property?
    The size of this multi-unit property varies between 2700 - 5500 square feet
    What kind of Retail is the propery at N Meridian St and 161st St?
    The property at N Meridian St and 161st St Westfield, IN 46074 is listed as a Shopping Center Retail property
    What is the population within 1 mile of N Meridian St and 161st St in Westfield?
    The population within 1 mile of N Meridian St and 161st St Westfield, IN 46074 is 6,074 people.
    Who do I contact for questions about N Meridian St and 161st St?
    You should contact the listing agent, Gary Perel , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 23
    Fort Wayne International Airport (FWA) 82
    James M Cox Dayton International Airport (DAY) 102
    Price
    $42.00 sf/yr
    Listing Agent
    More listings from Gary Perel
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