Five Points Mall

1129 N Baldwin Ave, Marion, IN 46952

  • For Sale $5,000,000
  • Property Type Retail - Regional Mall
  • Property Size 445,229 SF
  • Units -1
  • Parking Spaces Avail. 2565
  • Parking Ratio 7.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Year Renovated 1995
  • Date Updated Apr 24, 2024
Situated in the heart of northeast Indiana, Five Points Mall is the perfect location, with no other competitive malls within a 35-mile radius. The mall is centrally located along the bustling intersection of State Route 9/15, which is the major commercial corridor of Marion. Surrounded by residential neighborhoods, the mall is just three miles north of Indiana Wesleyan University, boasting a student population of over 3,000. Marion is also home to several regional healthcare providers, including Marion General Hospital, Progressive Cancer Care Center, and Progressive Medical Imaging, all within close proximity to Five Points Mall.The Five Points mall is a 3-star retail freestanding regional mall in Marion, Indiana, built in 1978 and last renovated in 1995. It has a gross leasable area of 398,229 square feet. The mall is currently for sale for $5,000,000 and is 19% leased, with anchor tenants including Roses, Applebee's and Planet Fitness. There are 2,565 surface parking spaces available, with a parking ratio of 7.20 per 1,000 square feet.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Five Points Mall is located in the northeast quadrant of Indiana, making it a central location for visitors from all over the state.
  • The mall is conveniently located along State Route 9/15, which is a primary commercial corridor in Marion.
  • Marion is home to a thriving residential neighborhood, which provides a built-in customer base for Five Points Mall.
  • Indiana Wesleyan University, which boasts a student population of over 3,000, is located just three miles south of the mall.
  • Marion is home to top-quality healthcare providers, such as Marion General Hospital and Progressive Cancer Care Center.
  • There are 2,565 surface parking spaces available, with a parking ratio of 7.20 per 1,000 square feet.
  • Strong daily traffic counts = 46,951 VPD
  • Co-Anchor tenants include Rose's, Planet Fitness and Applebee's.
  • According to Site Selection Magazine, Marion's economic development efforts were ranked ninth in the nation.

Contacts

broker

Pat Huffine

ALO Property Group

(317) 670-0373

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Marion, IN
  • Zip Code 46952

Points of Interest

  • Casey's General Store

    0.11 miles

  • Speedway

    0.21 miles

  • Marathon

    0.78 miles

  • Marathon

    1.52 miles

  • Speedway

    1.91 miles

  • Meijers

    3.48 miles

  • Clark

    3.54 miles

  • Speedway

    4.13 miles

  • BP

    4.37 miles

  • BP

    6.61 miles

  • Sweetser Switch Trail trailhead

    3.86 miles

  • McDonald's

    0.08 miles

  • Arby's

    0.28 miles

  • Taco Bell

    0.38 miles

  • McDonald's

    2.08 miles

  • Culver's

    2.33 miles

  • Hardee's

    3.55 miles

  • Arby's

    6.64 miles

  • McDonald's

    6.87 miles

  • Taco Bell

    9.17 miles

  • Burger King

    9.44 miles

  • Five Points Mall

    0.12 miles

  • ALDI

    2.10 miles

  • Walmart Supercenter

    3.00 miles

  • Meijer

    3.58 miles

Frequently Asked Questions

What is the lease rate for Five Points Mall?

Rental asking rate at Five Points Mall is $2,500,000.00/YR.

What is the total square footage of Five Points Mall?

Five Points Mall totals 445,229 square feet.

When was this property built?

Five Points Mall was built in 1978.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Pat Huffine

ALO Property Group

(317) 670-0373