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Southern Plaza 4200 S East St

929 - 28,511 SF of Space Available in Indianapolis, IN 46227

Highlights

  • Southern Plaza is a 267,652 SF shopping center anchored by a 59,520 SF Kroger grocery store.
  • Situated at the intersection of East Street and Hanna Avenue, with combined traffic counts of over 36,000 VPD
  • Located in a dense and growing market approximately 5 miles south of downtown Indianapolis.
  • Within a 5-mile radius of the property, the population is over 212,000 people with an average household income over $63,000.

Space Availability (9)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 01
  • 929 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 01
Space Use
Retail
Condition
Shell Space
Availability
Now

Corner end space.

  • Highly Desirable End Cap Space
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 05
  • 1,392 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 05
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Located in a busy commercial zone with thousands of daily vehicle impressions and pedestrian activity.

  • Fully Built-Out as Financial Services Office
  • Located in-line with other retail
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 12B
  • 5,993 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 12B
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Located between Harbor Freight and Gilvin's Boots.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 15
  • 3,550 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 15
Space Use
Office/Retail
Condition
Shell Space
Availability
Now

Located next to Comdent Dental

  • Open Floor Plan Layout
  • Fits 9 - 29 People
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 25
  • 6,755 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 25
Space Use
Retail
Condition
Full Build-Out
Availability
Now

End cap space--formerly a bookstore.

  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 28
  • 3,029 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 28
Space Use
Retail
Condition
Shell Space
Availability
Now

Located next to Rue 21.

  • Located in-line with other retail
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 31
  • 5,003 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 31
Space Use
Retail
Condition
Shell Space
Availability
Now

Located next to Rue 21.

  • Located in-line with other retail
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 47
  • 930 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 47
Space Use
Retail
Condition
Shell Space
Availability
Now

End cap next to Kroger.

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,860 SF of adjacent space
  • Situated on South East Street (US-31)
  • 1st Floor, Ste 48
  • 930 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4200 S East St - 1st Floor - Ste 48
Space Use
Retail
Condition
Shell Space
Availability
Now

End cap next to Kroger.

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,860 SF of adjacent space
  • Situated on South East Street (US-31)
Space Size Term Rental Rate Rent Type
1st Floor, Ste 01 929 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 05 1,392 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 12B 5,993 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 15 3,550 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 25 6,755 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 28 3,029 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 31 5,003 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 47 930 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 48 930 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

4200 S East St - 1st Floor - Ste 01

Size
929 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Corner end space.

  • Highly Desirable End Cap Space
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 05

Size
1,392 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Located in a busy commercial zone with thousands of daily vehicle impressions and pedestrian activity.

  • Fully Built-Out as Financial Services Office
  • Located in-line with other retail
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 12B

Size
5,993 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Located between Harbor Freight and Gilvin's Boots.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 15

Size
3,550 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Office/Retail
Condition
Shell Space
Availability
Now

Located next to Comdent Dental

  • Open Floor Plan Layout
  • Fits 9 - 29 People
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 25

Size
6,755 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

End cap space--formerly a bookstore.

  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 28

Size
3,029 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Located next to Rue 21.

  • Located in-line with other retail
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 31

Size
5,003 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Located next to Rue 21.

  • Located in-line with other retail
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 47

Size
930 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

End cap next to Kroger.

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,860 SF of adjacent space
  • Situated on South East Street (US-31)

4200 S East St - 1st Floor - Ste 48

Size
930 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

End cap next to Kroger.

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,860 SF of adjacent space
  • Situated on South East Street (US-31)

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.

SELECT TENANTS AT Southern Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Goodwill
  • Dollar/Variety/Thrift
  • 6,142
  • International
  • Harbor Freight Tools
  • Hardware
  • 1,839
  • National
  • Kroger
  • Supermarket
  • 2,151
  • National
  • QDOBA
  • Fast-food
  • 1,152
  • International
  • Rent-A-Center
  • Rental Shop
  • 3,281
  • International
  • Ross Dress for Less
  • Other Retail
  • 2,234
  • International
Tenant Description US Locations Reach
Goodwill Dollar/Variety/Thrift 6,142 International
Harbor Freight Tools Hardware 1,839 National
Kroger Supermarket 2,151 National
QDOBA Fast-food 1,152 International
Rent-A-Center Rental Shop 3,281 International
Ross Dress for Less Other Retail 2,234 International

PROPERTY FACTS FOR 4200 S East St , Indianapolis, IN 46227

Total Space Available 28,511 SF
Max. Contiguous 1,860 SF
Center Type Power Center
Parking 811 Spaces
Stores 37
Center Properties 3
Frontage
2,527’ on S East St
  • 1,858’ on E Hanna Ave
  • 1,996’ on I-465
Gross Leasable Area 287,164 SF
Total Land Area 35.84 AC
Year Built 1961

About the Property

Southern Plaza offers a fantastic retail experience to shoppers and tenants alike. This 267,652 SF shopping center is anchored by a 59,520 SF Kroger grocery store. The neighborhood shopping center is located at the southern regional quadrant of Indianapolis, IN, situated at the popular corner of I-465 and US 31 (East Street). Thousands of vehicle travel through the intersection each day and the Kroger grocery store drives consistent visits to the center for daily needs. Southern Plaza boasts a well-established, diverse tenant mix that brings frequent traffic to the center. Their high quality tenant roster includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Verizon, BMO Bank, Sally Beauty , Great Clips and many more. The local population combined with 156,000 daytime employees make up a total consumer spending of $2.2 billion, the the majority of the expenditures centered around food, alcohol and entertainment.

  • Pylon Sign

Nearby Major Retailers

BMO
Bank of America
PNC Bank
Steak ‘n Shake
Chase Bank
7 Brew Coffee
MCL Restaurant & Bakery
Fifth Third Bank
Red Lobster
  • Listing ID: 26939917

  • Date on Market: 5/5/2023

  • Last Updated:

  • Address: 4200 S East St, Indianapolis, IN 46227

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