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Retail Space on South Emerson
For Lease
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4830-4856 S Emerson Ave, Indianapolis, IN

Retail property for lease in Indianapolis with high visibility.

Space Size2,250 SF
Lot Size1.51 Acres
Days on Market605

Property Features for 4830-4856 S Emerson Ave

General Information

Standard status Active
Size 2,250 SF
Lot size 1.51 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Devon

Spaces For Lease

at 4830-4856 S Emerson Ave
4830 - 4856 S Emerson Ave $20/SF/Yr
Floor 1
Size 2,250 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Located in Indianapolis, this property boasts an ideal setting for retail and strip center tenants. Situated along South Emerson Avenue, it offers excellent visibility and accessibility, drawing in potential customers effortlessly. The surrounding University Heights and University Heights South neighborhoods, with local residents and students, provide a built-in customer base. Plus, with nearby attractions like the University Heights Shopping Center and Washington Square Mall, tenants have access to a thriving retail scene. This prime location presents an exceptional opportunity for businesses to thrive within a dynamic community.
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Listing Agency: Tharp Realty
Listed By: Crystal Kennard · License #RB14051298
Source: Moodyscre
Added: Mar 3, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:16PM

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 Tharp Realty

Rey
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Investment Insights

Based on property information with market context.

Located in Indianapolis, this property is suited for retail and strip center tenants. Situated along South Emerson Avenue, it offers visibility and accessibility. The surrounding University Heights and University Heights South neighborhoods provide a customer base of local residents and students. Nearby attractions include the University Heights Shopping Center and Washington Square Mall. The property offers an opportunity for businesses to thrive within a dynamic community. The property size is 2,250 square feet.

Key Highlights

  • Excellent visibility and accessibility on South Emerson Avenue.
  • Ideal location for retail and strip center tenants.
  • Situated in Indianapolis.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Repair Shop Nail Salon Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Retail property for lease in Indianapolis with high visibility.
Where is this strip mall located?
The property is located at 4830-4856 S Emerson Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Excellent visibility and accessibility on South Emerson Avenue.; Ideal location for retail and strip center tenants.; Situated in Indianapolis.
(317) 418-2464 Call to check price and availability
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