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Kroger-Anchored Shopping Center
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4200 S East St, Indianapolis, IN 46227

Shopping center with a 59,520 SF Kroger anchor and tenant roster including Ross and Harbor Freight.

Space Size3,550 SF
Property Size267,652 SF
Days on Market1127

Property Features for 4200 S East St

General Information

Standard status Active
Size 3,550 SF
Property subtype RETAIL

Site & Location

Neighborhood North Perry
Highway Access Yes
Road Access Yes

Building Details

Building Size 267,652 SF

Spaces For Lease

at 4200 S East St
Southern Plz AVAILABLE, Now
Floor 1
Size 3,550 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Southern Plaza is a 267,652 SF shopping canter anchored by a 59,520 SF Kroger grocery store. - High-quality tenant roster including Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank and Sally Beauty. - Situated in a dense and growing market approximately 5 miles south of downtown Indianapolis. - Located directly off Interstate 465, an eight-lane expressway that sees average traffic counts of over 92,000 VPD and the property sits at the intersection of East Street and Hanna Avenue, with combined traffic counts of over 36,000 VPD. - Within a 5-mile radius of the property, the population is over 216,000 people with an average household income over $60,900.
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Listing Agency: First National Realty Partners
Listed By: Jeff Kellams
Source: Moodyscre
Added: Sep 28, 2023 Changed: Oct 25 Last Checked: Oct 26 at 7:38PM

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 First National Realty Partners

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Investment Insights

Based on property information with market context.

Southern Plaza is a 267,652 SF shopping center anchored by a 59,520 SF Kroger grocery store. The center features a high-quality tenant roster that includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank, and Sally Beauty.

The property is located directly off Interstate 465 and sits at the intersection of East Street and Hanna Avenue. Interstate 465 is an eight-lane expressway with average traffic counts reported at over 92,000 VPD, and the intersection is reported with combined traffic counts of over 36,000 VPD. Southern Plaza is approximately 5 miles south of downtown Indianapolis, within a dense, growing market.

Within a 5-mile radius, the population is over 216,000 people with an average household income over $60,900.

Key Highlights

  • Southern Plaza totals 267,652 SF and is anchored by a 59,520 SF Kroger grocery store
  • Tenant roster includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank, and Sally Beauty
  • Located directly off Interstate 465 at the intersection of East Street and Hanna Avenue

Property Analytics

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

Current Use

Comdent Dental Services Dental Office Dr. Stephen S. ... Dental Office Freeway Insurance Insurance Agency The Excel Center Charitable Organization EL Azabache Mexican ... Restaurant

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Cafe & Coffee Shop Daycare Center

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
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

  • Southern Plaza — 4200 S East St, Indianapolis, IN 46227
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  • Felbram Plaza North — 3700 S East St, Indianapolis, IN 46227
  • Coinstar Kiosk | Bitcoin ATM — PLS Financial Services, Inc, 444 E Sumner Ave Ste F, Indianapolis, IN 46227

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with a 59,520 SF Kroger anchor and tenant roster including Ross and Harbor Freight.
Where is this shopping center located?
The property is located at 4200 S East St Indianapolis, IN.
What are key features of this property?
This property features: Southern Plaza totals 267,652 SF and is anchored by a 59,520 SF Kroger grocery store; Tenant roster includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank, and Sally Beauty; Located directly off Interstate 465 at the intersection of East Street and Hanna Avenue
(317) 332-7722 Call to check price and availability
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