Listing Agency: Riser Retail Group Carmel Show Phone

Listed By: John F. Riser · License #RB14036150

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:21PM

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Investment Insights

Based on property information with market context.

This retail property comprises 27,400 SF of commercial space. The asset is located at 3819 S East St in Indianapolis, Indiana 46227, and carries a 10.74% CAP rate.

Key Highlights

• 27,400 SF of retail space
• 10.74% CAP rate
• 3819 S East St, Indianapolis, IN 46227

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Electrical Service HVAC Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

785

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offering a substantial commercial footprint in Indianapolis.

Where is this retail space located?

The property is located at 3819 S East St Indianapolis, IN.

What are key features of this property?

This property features: 27,400 SF of retail space; 10.74% CAP rate; 3819 S East St, Indianapolis, IN 46227