4540-4590 N Shadeland Ave - Storefront FOR SALE
Indianapolis, IN 46226 |
4540-4590 N Shadeland Ave
Indianapolis, IN 46226
HIGHLIGHTS
- Family Dollar has anchored Shadeland Corner since 2012. The tenant extended their lease for 10 years in 2016
- There are 10% rent increases in each of the five-year option periods. Family Dollar represents 25% of the center’s gross revenue
- Shadeland Corner has surrounding populations of approximately 13,505 within one mile, 82,488 within three miles, and 232,903 within five miles
- Shadeland Corner is located at the signaled southwest corner of Shadeland Avenue and 46th Street
- Retailers at the intersection include Walgreens, Dollar General, and three gas sales/convenience stores including Speedway
- The estimated combined traffic count at the intersection is 38,000 vehicles
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
45000
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
197
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
49-07-14-122-002.000-401,49-07-14-122-005.000-401
