5220 E Southport Rd - Storefront FOR SALE


Indianapolis, IN 46237
$3,200,000 USD
5220 E Southport Rd, Indianapolis, IN for Sale
$3,200,000 USD
Storefront - FOR SALE
1/4
null | 7.4% Cap Rate

5220 E Southport Rd
Indianapolis, IN 46237


HIGHLIGHTS

  • 100% Occupied, 13,842 Square-Foot, Multi-Tenant Retail Center in a High-Traffic Commercial Corridor:
  • High-Traffic Commercial Corridor: Subject property is located on Southport Road, just south of Downtown Indianapolis
  • Dense, Affluent Demographics: Indianapolis MSA has a population in excess of 2 million people
  • Great Access and Connectivity: Easy access to I-65 which connects to Indianapolis and the surrounding suburbs
  • Indianapolis MSA: Over 2 million people within the MSA | 50% of the U.S. population is within a 1-day drive

OVERVIEW

100% Occupied Neighborhood Retail Center | $121,000 AHHI | High-Traffic Commercial Corridor

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley Ridge Shops | Indianapolis, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

CROSS STREETS

S Emerson Ave

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C-1

APN/PARCEL ID

49-15-10-110-006.000-300

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