$3,530,000 USD
844-585-7678
5220 E Southport Rd
Indianapolis, IN 46237
South Emerson
HIGHLIGHTS
- 100% Occupied, 13,842 Square-Foot, Multi-Tenant Retail Center in a High-Traffic Commercial Corridor
- 100% Internet-Resistant Tenancy: Food, Beauty Services, and Financial Services
- Low Replaceable Rents: Average Rent per Square Foot Is $17.10, Which Is Below Market for This Retail Corridor
- Nearby Traffic Counts Are in Excess of 65,000 CPD at Emerson and Southport Road
- Notable Anchor Tenants Nearby Include Meijer, Aldi, Menards, Target, Home Depot, and Kohl’s
- Dense, Affluent Demographics: Indianapolis MSA Has a Population in Excess of 2 Million People
FOR SALE DETAILS
PRICE
$3,530,000 USD
PRICE/SF
$255 USD /SF
CAP RATE
6.85%
% 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
30-19-66-500-000.000-000
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844-585-7678
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844-585-7678
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