9315-9321 Michigan Rd - Storefront Retail/Office FOR SALE


Indianapolis, IN 46268- College Park
$5,557,418 USD
317-493-1267
9315-9321 Michigan Rd, Indianapolis, IN for Sale
$5,557,418 USD
Storefront Retail/Office - FOR SALE
1/10
null | 6.7% Cap Rate

9315-9321 Michigan Rd
Indianapolis, IN 46268
College Park


HIGHLIGHTS

  • Heavy Traffic
  • Daytime Population
  • Retail Corridor

OVERVIEW

Veritas Realty is pleased to present the exclusive opportunity to acquire the newly developed College Park Crossing retail center. Positioned at the I-465 and Michigan Rd (US-421) interchange, the center sees significant traffic and is surrounded by a large office population along with a dense retail corridor. Costco, Walmart,Super Target, Kroger, Lowes, Home Depot, and the Pyramids office towers anchor the corridor and are complemented by Texas Roadhouse, Olive Garden, Chuy’s, Panera, Starbucks, Chipotle, and many more. With a lease now pending on the last unit, this property provides investors with the opportunity to purchase a strategically located and stabilized strip center in an established retail trade area on the northwest side of Indianapolis.

FOR SALE DETAILS

PRICE

$5,557,418 USD

PRICE/SF

$559 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

C-4

APN/PARCEL ID

49-03-18-101-040.000-600

ASK ABOUT THIS PROPERTY

Jon BannisterVeritas RealtyMore Info
317-493-1267

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Jon BannisterVeritas RealtyMore Info
317-493-1267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.