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    7123-7177 N Michigan Rd Indianapolis, IN 46268

    For Lease
    Contact for pricing

    Retail space with high visibility and loading door.

    Property size:
    8,772 SF
    Lot size:
    6.67 Acres

    Property Features for 7123-7177 N Michigan Rd

    General Information

    Size
    8,772 SF
    Lot size
    6.67 Acres

    Source: Bradley Company - Corporate Agent Nathan Robinson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Westlane Center

    This 8,772-square-foot retail space is located within the Westlane Shopping Center. The center's tenants include Citi Trends, Little Caesars, Snipes, and Rent-A-Center. The space features direct visibility along Michigan Road, which sees an Average Annual Daily Traffic (AADT) count of 26,824. The space includes a double loading door, two existing restrooms, and a private office. The lease expiration date is 1/31/2029.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rodriguez painting

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2084345
    Latitude
    39.8830814

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility and loading door.
    Where is this shopping center located?
    The property is located at 7123-7177 N Michigan Rd Indianapolis, IN.
    What are key features of this property?
    This property features: - Lease expiration date of 1/31/2029.; - **Direct visibility along Michigan Road** with 26,824 AADT.; - Located in Westlane Shopping Center with tenants including Citi Trends, Little Caesars, Snipes, and Rent-A-Center.
    (248) 721-1409
    Request Owner's contact information
    7123-7177 N Michigan Rd Indianapolis, IN 46268
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    Indianapolis, IN 46268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7123-7177 N Michigan Rd Indianapolis, IN 46268
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