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    6880 Pendleton Pike Lawrence, IN

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    For Lease
    $14 SF/Yr ($12,133 /Mo)

    Neighborhood shopping center with retail space for lease.

    Property size:
    10,400 SF
    Lot size:
    5.13 Acres

    Property Features for 6880 Pendleton Pike

    General Information

    Size
    10,400 SF
    Lot size
    5.13 Acres

    Source: Cushman & Wakefield | Indianapolis Agent Carmen Thompson

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

    Overview

    Retail Space in Shopping Center

    This neighborhood shopping center offers retail space for lease, featuring a 10,400-square-foot second-generation space. The location benefits from strong traffic counts along three primary corridors and convenient interstate access, situated one mile west of I-465 E. A rapid transit station, the Indygo Purple Line, serves the property. Additionally, a ground lease is available on a former restaurant pad, up to 1.0 acre. The zoning is C4. The property is surrounded by new developments, including Dollar Tree, Eskenazi Health - Arlington North, Cook Medical, and Indy’s Fresh Grocery. There is planned new construction of a 4,000 to 6,000 square foot outparcel building.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lawrence
    County
    Marion
    State
    Indiana
    Longitude
    -86.0172595
    Latitude
    39.8668446

    Nearby Similar for Lease

    • $18 SF/Yr
      10,000 SF

      Pike Plaza: Prime Lawrence Retail

      Flex space, ideal for various uses.
      7848 Pendleton Pike, Lawrence, IN 46226
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    • Contact for pricing
      1,640 SF

      Remodeled Retail Center on Pendleton

      Remodeled retail center with high visibility and traffic counts.
      8375 Pendleton Pike, Lawrence, IN
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      5,000 SF

      Flex Space in Lawrence, Indiana

      5,000 SF flex space with office and drive-in.
      4351-4371 Sellers St, Lawrence, IN
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    FAQs

    What type of property is this?
    Shopping center - Neighborhood shopping center with retail space for lease.
    Where is this shopping center located?
    The property is located at 6880 Pendleton Pike Lawrence, IN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on 3 primary corridors with convenient access to I-465 E.; - Rapid transit station (Indygo Purple Line) serving the property.; - Planned new construction of a 4,000 - 6,000 SF outparcel building.
    (317) 352-5430
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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
    6880 Pendleton Pike Lawrence, IN
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