Keystone Ave Retail Investment Opportunity | 4501 N Keystone Ave, Indianapolis, IN 46205 See Data Room for OM and Rent Roll Rare chance to acquire a 3-building, 18,115 SF flex retail portfolio spanning 2.97 acres along one of Indianapolis's highest-traffic corridors, with 37,500 vehicles passing daily. Zoned C-5 and currently 53% occupied. The portfolio includes three addresses (4501, 4533, and 4545 N Keystone Ave) with a mix of auto service, retail, and flex uses. Two tenants are in place, including Felipe's Legacy Motors on a lease through August 2027 with $1,000/month escalations. Three suites are vacant and ready for new tenants at market rates. Situated just south of 46th Street, the property sits within a dense retail node anchored by Target, Meijer, Lowe's, Chick-fil-A, Starbucks, and Walgreens — all within one mile. The Keystone Corridor submarket boasts a $21.12/SF average asking rate and 2.0% rent growth, outpacing the broader Indianapolis market. With strong bones, a high-visibility location, and significant upside from lease-up, this is an ideal opportunity for an owner-user or value-add investor.