SPRING MILL STATION
Spring Mill Station: Lot #1
Lot Size:
48,470 SF
Description
Totaling 48,470 square feet, plans for this lot include the construction of one free standing, 2,572 square foot single-tenant building and 44 parking spaces.
Location
Northwest corner of the lot on 161st Street & Spring Mill Rd
Spring Mill Station: Lot #2 Building 1
Building Size:
15,000 SF
Description
This future retail building will be 15,000 SF in size with a minimum divisible retail space of 1,578 SF.
Location
North side of the lot, visible from 161st Street.
Spring Mill Station: Lot #2 Building 2
Description
The first 15,000 SF building at Spring Mill Station
Location
Located on the northeast side of the lot, adjacent to and visible from Spring Mill Road, accessible from the east side entrance.
Spring Mill Station: Lot #3
Lot Size:
31,566 SF
Description
Totaling 31,566 square feet, plans for this vacant lot include the construction of one 7,200 square foot building.
Location
East central side of the lot adjacent to Spring Mill Road and the east side entrance to the lot
Spring Mill Station: Lot #4
Lot Size:
61,072 SF
Description
Totaling 61,072 square feet, plans for this vacant lot include the construction of one 7,200 square foot building.
Location
Southeast side of the lot adjacent to Spring Mill Road and Spring Mill Depot Drive and will be accessible via the south entrance to the lot
Spring Mill Station: Lot #5
Lot Size:
149,200 SF
Description
Plans for this vacant lot include the construction of one 16,200 square foot building.
Location
Southeast side of the lot adjacent to Spring Mill Road and Spring Mill Depot Drive and will be accessible via the south entrance to the lot
Growth at the Station…
Located along the southwest corner of 161st Street and Spring Mill Road in Westfield, Indiana, this 10+ acre project will be developed in three phases.
Phase 1
Plans for this phase include the construction of a 15,000 square foot retail center. Construction of the building began in late 2Q 2022 and is expected to be complete in 3Q 2023. The property is fully leased to Swayzee Loinz, Fundae’s, MyGym, CHI Nails, Face Foundrie and Wild Orchid Veterinary Care of Westfield.
Phase 2
Phase 2 of the project is expected to include the construction of a new 15,000 square foot retail center located directly along 161st Street. Leasing for this property is currently underway.
Phase 3
This phase of the project includes the construction of two buildings. The first will be a 37,000 square foot property occupied by Ace Hardware. The second will be a 15,000 square foot retail center. Leasing for this property is currently underway.
…In the Best U.S. Suburb
Roughly 20 miles from downtown Indianapolis, Westfield was voted by Homes.com to be the “Best Suburb to Move To” in 2021 (see the article here). As Homes.com put it, Westfield “provides an environment significantly conducive for remote work, a school district grade of A+, and with a crime index, at 69, this community is extremely safe.”
CURRENT MERCHANTS AT SPRING MILL STATION
Property Highlights
- SWC of 161st and Spring Mill Road, located to serve residential and retail needs for Westfield
- Mixed-use development with 240 apartment units, PADS, retail and shop space
- Shares retail corridor with newly opened shops including Kroger, Starbucks, CVS, and more
- Affluent population with household incomes $125,000+ (5 mile radius)
Growth at the Station…
PHASE 1
Plans for this phase include the construction of a 15,000 square foot retail center. Construction of the building began in late 2Q 2022 and is expected to be complete in 3Q 2023. The property is fully leased to Swayzee Loinz, Fundae’s, MyGym, CHI Nails, Face Foundrie and Wild Orchid Veterinary Care of Westfield.
PHASE 2
Phase 2 of the project is expected to include the construction of a new 15,000 square foot retail center located directly along 161st Street. Leasing for this property is currently underway.
PHASE 3
This phase of the project includes the construction of two buildings. The first will be a 37,000 square foot property occupied by Ace Hardware. The second will be a 15,000 square foot retail center. Leasing for this property is currently underway.
…In the Best U.S. Suburb
Roughly 20 miles from downtown Indianapolis, Westfield was voted by Homes.com to be the “Best Suburb to Move To” in 2021 (see the article here). As Homes.com put it, Westfield “provides an environment significantly conducive for remote work, a school district grade of A+, and with a crime index, at 69, this community is extremely safe.”
Spring Mill Station: Lot #1
Lot Size:
48,470 SF
Description
Totaling 48,470 square feet, plans for this lot include the construction of one free standing, 2,572 square foot single-tenant building and 44 parking spaces.
Location
Northwest corner of the lot on 161st Street & Spring Mill Rd
Spring Mill Station: Lot #2, Building 1
Building Size:
15,000 SF
Description
This future retail building will be 15,000 SF in size with a minimum divisible retail space of 1,578 SF.
Location
North side of the lot, visible from 161st Street.
Spring Mill Station: Lot #2, Building 2
Description
The first 15,000 SF building at Spring Mill Station
Location
Located on the northeast side of the lot, adjacent to and visible from Spring Mill Road, accessible from the east side entrance.
Spring Mill Station: Lot #3
Lot Size:
31,566 SF
Description
Totaling 31,566 square feet, plans for this vacant lot include the construction of one 7,200 square foot building.
Location
East central side of the lot adjacent to Spring Mill Road and the east side entrance to the lot
Spring Mill Station: Lot #4
Lot Size:
61,072 SF
Description
Totaling 61,072 square feet, plans for this vacant lot include the construction of one 7,200 square foot building.
Location
Southeast side of the lot adjacent to Spring Mill Road and Spring Mill Depot Drive and will be accessible via the south entrance to the lot
Spring Mill Station: Lot #5
Lot Size:
149,200 SF
Description
Totaling 149,200 square feet, plans for this vacant lot include the construction of one 16,000 square foot building.
Location
Southeast side of the lot adjacent to Spring Mill Road and Spring Mill Depot Drive and will be accessible via the south entrance to the lot
Current MERCHANTS AT SPRING MILL STATION
Property Highlights
- SWC of 161st and Spring Mill Road, located to serve residential and retail needs for Westfield
- Mixed-use development with 240 apartment units, PADS, retail and shop space
- Shares retail corridor with newly opened shops including Kroger, Starbucks, CVS, and more
- Affluent population with household incomes $125,000+ (5 mile radius)
News About Spring Mill Station
KennMar Adds Union Station to Property Management List
Speedway, IN – July 10th, 2023 KennMar is pleased to announce that it will be the new property manager for Union Station in downtown Indianapolis.
Three Reasons Why Property Owners Make the Best Property Managers
To preserve the long-term value of commercial assets, it is important to put a management plan team in place upon acquisition. For owners that don’t
KennMar Launches Property Management Division
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KennMar Announces Project in Village of West Clay
Speedway, IN – May 4th, 2023 KennMar is pleased to announce that it recently acquired 1.77 acres of land along the southwest corner of Harleston
City of Anderson Awards Nichol Avenue Development Project to KennMar
Speedway, IN – April 6th, 2023 We are excited to announce that the City of Anderson, IN chose KennMar to be the developer on the
KennMar Acquires Fifth Third Tower, Downtown Louisville
KennMar is pleased to announce that it has acquired the 5/3 Tower in downtown Louisville, Kentucky with the assistance of INVST LLC, an SEC Registered Investment Advisor based in Indianapolis, IN.
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