This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

959 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

3850 E Southport Rd

8,656 SF Retail Building Indianapolis, IN 46237 $2,165,000 ($250/SF) 6% Cap Rate

Retail Buildings Indiana Indianapolis 3850 E Southport Rd, Indianapolis, IN 46237

Investment Highlights

  • Specialized Corporate Store
  • New Build Out
  • 10 Year Corporate Guaranteed Lease
  • Scheduled Rent Bump in Year 5

Executive Summary

• Specialized Corporate Store
• 10 Year Corporate Guaranteed Lease
• New Build Out
• Scheduled Rent Bump in Year 5
• Excellent Location
• Strong Demographics
• High Traffic Counts (30,000 + Cars/Day)
• Average Household Income Over: $80,000+ (1) Miles

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,656 SF
Building Class
C
Year Built
2002
Price
$2,165,000
Price Per SF
$250
Cap Rate
6%
NOI
$129,840
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.22
Lot Size
0.92 AC
Zoning
C3 - Commercial
Parking
45 Spaces (6.43 Spaces per 1,000 SF Leased)
Frontage
164 FT on E Southport Rd

Amenities

  • Air Conditioning
1 of 1

Nearby Major Retailers

LA Fitness
Starbucks
Waffle House
Fifth Third Bank
Steak ‘n Shake
Cracker Barrel Old Country Store
Bob Evans Restaurants
Texas Roadhouse
Sky Zone
Carrabba’s Italian Grill

PROPERTY TAXES

Parcel Number 49-15-09-131-012.000-500 Improvements Assessment $237,100
Land Assessment $276,200 Total Assessment $513,300

PROPERTY TAXES

Parcel Number
49-15-09-131-012.000-500
Land Assessment
$276,200
Improvements Assessment
$237,100
Total Assessment
$513,300
(317) 844-0700 x704

Contact

  • Listing ID: 28047089

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 3850 E Southport Rd, Indianapolis, IN 46237

More public record information on 3850 E Southport Rd, Indianapolis, IN 46237

The Retail Property at 3850 E Southport Rd, Indianapolis, IN 46237 is currently available for sale. Contact Riser Retail Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 1 of 7
DJI_0182
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 2 of 7
DJI_0201
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 3 of 7
DJI_0185
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 4 of 7
DJI_0202
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 5 of 7
DJI_0181
3850 E Southport Rd, Indianapolis, IN for sale Building Photo- Image 6 of 7
Aerial 001

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

3850 E Southport Rd
(317) 844-0700 x 704

3850 E Southport Rd

John Riser

(317) 844-0700

x704

(317) 844-0700 x704

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link