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Freestanding Retail Building
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5285 E 38th St, Indianapolis, IN 46218

Commercial storefront with private parking, pylon signage, and two built-out restrooms.

Property Size8,320 SF
Days on Market660

Property Features for 5285 E 38th St

General Information

Standard status Active
Size 8,320 SF
Property subtype RETAIL

Additional Details

Space Use Retail
Road Access Yes

Amenities

private parking lot
pylon signage
two existing built-out restrooms
Listing Agency: Bradley Company - Corporate
Listed By: Nathan Robinson · License #RB23000344
Source: Moodyscre
Added: Oct 11, 2024 Changed: Jul 31 Last Checked: Jul 31 at 3:54PM

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 Bradley Company - Corporate

Investment Insights

Based on property information with market context.

Freestanding retail building available along E 38th Street with 8,320 square feet of commercial space. The property includes two existing built-out restrooms and a private parking lot.

Pylon signage is positioned along 38th Street, and the property is located along the recently revamped IndyGo bus line. The combination of dedicated parking, street signage, transit access, and existing restroom improvements supports a range of storefront retail configurations.

Key Highlights

  • 8,320‑square‑foot freestanding retail building
  • Private parking lot
  • Pylon signage along 38th Street

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Spa & Massage Center Parking Lot & Garage

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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with private parking, pylon signage, and two built-out restrooms.
Where is this storefront property located?
The property is located at 5285 E 38th St Indianapolis, IN.
What are key features of this property?
This property features: 8,320‑square‑foot freestanding retail building; Private parking lot; Pylon signage along 38th Street
(248) 721-1409 Call to check price and availability
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