High-Visibility Standalone Retail
12514 Reynolds Dr Fishers, IN 46038
For Sale
Contact for pricing
Standalone retail building located on a high-visibility southeast corner with easy access near I-69.
Property Size6,800 SF
Price / SF$294.12
Days on Market136
Property Features for 12514 Reynolds Dr
General Information
Standard status
Active
Size
6,800 SF
Property subtype
RETAIL
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 997-9362
Listed By:
Pete Alveal · License #RB17000936
(317) 997-9362
Source:
Moodyscre
Added: Mar 16
Changed: Jul 26
Last Checked: Jul 28 at 3:45PM
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 Premier Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This stand-alone retail building is offered for sale and positioned for strong street presence. The property consists of a single retail structure totaling 6,800 square feet.
The building is located on the southeast corner of 126th and Reynolds Drive, with high visibility off SR 37. It also offers easy access and is approximately one mile from I-69.
For sale as a single retail asset, the property’s configuration supports straightforward retail occupancy in a stand-alone setting.
The building is located on the southeast corner of 126th and Reynolds Drive, with high visibility off SR 37. It also offers easy access and is approximately one mile from I-69.
For sale as a single retail asset, the property’s configuration supports straightforward retail occupancy in a stand-alone setting.
Key Highlights
- Stand‑alone retail building for sale
- High‑visibility location off SR 37
- SE corner of 126th & Reynolds Drive
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.0k | $22.20 |
| − Vacancy | −$10.3k | −$1.51 |
| EGI | $140.7k | $20.69 |
| − OpEx | −$42.2k | −$6.21 |
| NOI | $98.5k | $14.48 |
6,800 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.41M
$1.23M – $1.64M
NOI $98,486 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,194 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Standalone retail building located on a high-visibility southeast corner with easy access near I-69.
Where is this retail space located?
The property is located at 12514 Reynolds Dr Fishers, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Stand‑alone retail building for sale; High‑visibility location off SR 37; SE corner of 126th & Reynolds Drive
