Single-Tenant NNN Retail
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11524 E WASHINGTON ST, Indianapolis, IN 46229
Single-tenant retail asset leased to Dollar Tree through January 2031.
Property SizeContact for details
Days on Market5
Property Features for 11524 E WASHINGTON ST
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 13 at 7:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant NNN retail property contains a 10,000-square-foot building occupied by Dollar Tree. The retailer has operated at the site since 2016 and recently exercised its first renewal option, extending the tenancy through January 2031. Dollar Tree, Inc. holds an investment-grade BBB rating from S&P Global Ratings.
The property fronts East Washington Street, also designated US-40, with reported traffic of 35,000 vehicles per day. Meijer is adjacent, while Kroger, Walmart, Target, Best Buy, Ross, Michaels, Hobby Lobby, Marshalls, and PetSmart are among the nearby national retailers. The site is approximately 10 miles from downtown Indianapolis and approximately 25 miles from Indianapolis International Airport.
The surrounding five-mile area includes more than 117,000 residents, and average household income within one mile exceeds $104,000.
The property fronts East Washington Street, also designated US-40, with reported traffic of 35,000 vehicles per day. Meijer is adjacent, while Kroger, Walmart, Target, Best Buy, Ross, Michaels, Hobby Lobby, Marshalls, and PetSmart are among the nearby national retailers. The site is approximately 10 miles from downtown Indianapolis and approximately 25 miles from Indianapolis International Airport.
The surrounding five-mile area includes more than 117,000 residents, and average household income within one mile exceeds $104,000.
Key Highlights
- 10,000‑square‑foot single‑tenant retail building
- Dollar Tree occupancy extends through January 2031 following its first renewal option
- Dollar Tree, Inc. carries an investment‑grade BBB rating from S&P Global Ratings
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
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Business Placement
Demographics for 46229, IN
29,252
Population
12,046
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,589
Density / Sq Mi
$62,982
Median Household Income
$40,407
Median Earnings
$1,020
Median Rent
$170,100
Median Home Value
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Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset leased to Dollar Tree through January 2031.
Where is this nnn property located?
The property is located at 11524 E WASHINGTON ST Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,187,500.
What are key features of this property?
This property features: 10,000‑square‑foot single‑tenant retail building; Dollar Tree occupancy extends through January 2031 following its first renewal option; Dollar Tree, Inc. carries an investment‑grade BBB rating from S&P Global Ratings
