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Retail Space in Shopping Center
For Lease
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6970 Pendleton Pike, Indianapolis, IN

Retail space for lease in neighborhood shopping center.

Space Size6,000 SF
Lot Size5.12 Acres
Days on Market801

Property Features for 6970 Pendleton Pike

General Information

Standard status Active
Size 6,000 SF
Lot size 5.12 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Arlington Woods

Spaces For Lease

at 6970 Pendleton Pike
6800 Pendleton Pike - Outparcel $28/SF/Yr
Floor Bldg
Size 6,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Neighborhood shopping center, with second generation retail space for Lease (10,400 SF) - Planned new construction 4,000 SF - 6,000 SF outparcel building - Strong traffic counts, along 3 primary corridors - Convenient interstate access, one mile west of I-465 E - Rapid transit station serves the property - Indygo Purple Line - Ground lease available on former restaurant pad, up to 1.0 acre - Zoning: C4 - Surrounded by new development: Dollar Tree, Eskenazi Health - Arlington North, Cook Medical, and Indy’s Fresh Grocery
Contact us
Listing Agency: Cushman & Wakefield | Indianapolis
Listed By: Carmen Thompson
Source: Moodyscre
Added: Aug 21, 2024 Changed: Oct 25 Last Checked: Oct 28 at 9:56AM

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 Cushman & Wakefield | Indianapolis

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Furniture & Home Goods Electrical Service

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby
Balanced
Demand for This Use
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

Similar Off Market Nearby

  • Shadeland Shoppes — 3414 Shadeland Ave, Indianapolis, IN 46226
  • the working man's cigar shop — 3444 Shadeland Ave, Indianapolis, IN 46226
  • Coin Cloud Bitcoin ATM — 7020 Pendleton Pike, Lawrence, IN 46226
  • BMV Connect Kiosk — 7857 42nd St, Indianapolis, IN 46226

Frequently Asked Questions

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 Call to check price and availability
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