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Bank Ground Lease
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4030 S East St, Indianapolis, IN 46227

Existing PNC Bank branch at the Southern Plaza retail center in Indianapolis.

Property SizeContact for details
Days on Market143

Property Features for 4030 S East St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Mark Ruble · License #AZ SA550593000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:32PM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

This ground-lease offering supports an existing PNC Bank branch at Southern Plaza in Indianapolis. The property is located at 4030 S East St, providing an established banking presence within a retail-center setting.

PNC Bank serves individuals, small businesses, corporations, and government entities through a national platform. Its network includes 2,945 branches and 9,051 ATMs across 27 states and the District of Columbia. The bank holds an S&P credit rating of A and a Moody’s credit rating of A2.

Indianapolis is identified as the 12th largest city in the United States, with 810,000 residents in the city proper and 2 million residents across the greater metropolitan area. The city’s extensive interstate network supports its role as a transportation center.

Key Highlights

  • Existing PNC Bank branch at Southern Plaza
  • Ground‑lease offering at 4030 S East St, Indianapolis, IN 46227
  • PNC Bank operates 2,945 branches and 9,051 ATMs

Property Analytics

Current Use

PNC Mortgage Loan Service PNC Bank Bank PNC ATM Atm

Suggested Use

Top Pick Law Firm HVAC Service Hair Salon Building Supply Daycare Center 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Existing PNC Bank branch at the Southern Plaza retail center in Indianapolis.
Where is this bank located?
The property is located at 4030 S East St Indianapolis, IN.
What are key features of this property?
This property features: Existing PNC Bank branch at Southern Plaza; Ground‑lease offering at 4030 S East St, Indianapolis, IN 46227; PNC Bank operates 2,945 branches and 9,051 ATMs
(479) 785-4343 Call to check price and availability
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