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4040 Keystone South 4022-4072 S Keystone Ave
12,776 SF of Retail Space Available in Indianapolis, IN 46227
Highlights
- High Traffic and visibility.
- Located within an established commercial hub.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4047 | 12,776 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
4022-4072 S Keystone Ave - 1st Floor - Ste 4047
Previously Small Theatre "Key Cinema", with ticket office.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Movie Theater
- Located in-line with other retail
- Space In Need of Renovation
- Ticket Office
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4022-4072 S Keystone Ave , Indianapolis, IN 46227
| Total Space Available | 12,776 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 49,871 SF |
| Parking | 200 Spaces | Total Land Area | 5.86 AC |
| Stores | 13 | Year Built | 1970 |
| Center Properties | 1 |
| Total Space Available | 12,776 SF |
| Center Type | Neighborhood Center |
| Parking | 200 Spaces |
| Stores | 13 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 49,871 SF |
| Total Land Area | 5.86 AC |
| Year Built | 1970 |
About the Property
Strategic Location: Situated in a well-connected area, this property is just minutes from major highways including .9 miles to I-65 and 1.6 miles to I-465, facilitating easy access to downtown Indianapolis and surrounding suburbs. High Traffic and Visibility: Keystone Avenue is a major thoroughfare, providing businesses with excellent street visibility and a steady flow of potential customers. And commuters leading them to I-65 & i-465 Proximity to Key Areas: This property is conveniently located near thriving residential neighborhoods, schools, and established commercial hubs, ensuring a steady and diverse customer base. The property pulls traffic from key southside neighborhoods such as Southport, Homecroft, Perry, and Franklin Township. Community Highlights: The area boasts quick access to various cultural and recreational venues such as Garfield Park (2.5 miles) University of Indianapolis (.6 miles). St Jude and Roncallie private schools (2 miles) Indiana Central Little League (.5 miles) Fountian Square (4 miles) Indianapolis Down Town (8.5 miles)
- Pylon Sign
Nearby Major Retailers
Presented by
Sojos Capital
4040 Keystone South | 4022-4072 S Keystone Ave
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