$8,840,000 USD
216-264-2043
8245-8335 S US Highway 31
Indianapolis, IN 46227
South Perry
HIGHLIGHTS
- 100% Occupied 56,992 SF Shopping Center Positioned Along US-31 (S. Meridian St) | High Visibility in Major Indianapolis Corridor
- Discount Tire Recently Renovated Their Entire Store at Own Cost of Over $300,000
- New Roof in 2024 with 15 Year Warranty Over Circle City Bargains, Abuelito Mexican and Ichiban
- Dense Demographics – Over 209K People in 5-Mile Radius | Avg. Household Income Exceeding $83,000
- Below Market Average Rent/SF of $13.87 with 18% of the GLA Having No Options
- Excellent Ingress/Egress Along US-31 | Positioned in a Retail Node with Heavy Commuter & Destination Traffic
FOR SALE DETAILS
PRICE
$8,840,000 USD
PRICE/SF
$155 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Greenbrook Shoppes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.49 AC
LAND SF
239,144 SF
ZONING
C-5
APN/PARCEL ID
49-15-19-113-005.000-500,49-15-19-113-007.000-500
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216-264-2043
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216-264-2043
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