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5220 E Southport Rd
Indianapolis, IN 46237

$3,200,000 USD

Storefront For Sale  •  14,063 SF

Property Details

  • Property Type Storefront
  • Total Building Size 13,842 SF
  • Lot Size 1.58 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 7.40 %
  • Tenancy Multiple
  • Zoning C-1
22 Transit Score
56 Walk Score

Highlights

100% Occupied, 13,842 Square-Foot, Multi-Tenant Retail Center in a High-Traffic Commercial Corridor:
High-Traffic Commercial Corridor: Subject property is located on Southport Road, just south of Downtown Indianapolis
Dense, Affluent Demographics: Indianapolis MSA has a population in excess of 2 million people
Great Access and Connectivity: Easy access to I-65 which connects to Indianapolis and the surrounding suburbs
Indianapolis MSA: Over 2 million people within the MSA | 50% of the U.S. population is within a 1-day drive
Cap Rate: 7.40 %

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 14 min - 9.1 mi
AirportDriveWalkDistance
Indianapolis International 33 min - 20.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 88
Type: Surface
Included in Rent: Yes
Dylan Mallory 844-585-7678 Hanley Investment Group
Dylan Mallory 844-585-7678 Hanley Investment Group