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    6970 Pendleton Pike Indianapolis, IN 46226

    For Lease
    $28 SF/Yr ($14,000 /Mo)

    Retail space for lease in neighborhood shopping center.

    Property size:
    6,000 SF
    Lot size:
    5.12 Acres

    Property Features for 6970 Pendleton Pike

    General Information

    Size
    6,000 SF
    Lot size
    5.12 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, including a 10,400-square-foot second-generation space. A new construction outparcel building is planned, offering between 4,000 and 6,000 square feet. The property benefits from strong traffic counts along three primary corridors and convenient interstate access, located one mile west of I-465 E. An Indygo Purple Line rapid transit station serves the property. A ground lease is available on a former restaurant pad, up to 1.0 acre. The zoning is C4. The surrounding area features new developments, including a Dollar Tree, Eskenazi Health - Arlington North, Cook Medical, and Indy’s Fresh Grocery.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    the working man's cigar shop, Coin Cloud Bitcoin ATM, BMV Connect Kiosk, Stop N Shop Thrift 8016 Pendle Pike

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.045097
    Latitude
    39.82798

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    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in neighborhood shopping center.
    Where is this shopping center located?
    The property is located at 6970 Pendleton Pike Indianapolis, IN.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location along 3 primary corridors.; - Convenient interstate access (one mile west of I-465 E).; - Rapid transit station (Indygo Purple Line) serving the property.
    (317) 352-5430
    Request Owner's contact information
    6970 Pendleton Pike Indianapolis, IN 46226
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    Indianapolis, IN 46226
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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
    6970 Pendleton Pike Indianapolis, IN 46226
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