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

Kroger-anchored shopping center off I-465 with an active tenant roster and high-traffic intersection access.

Property Size1,200 SF
Days on Market143

Property Features for 4200 S East St

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: First National Realty Partners
Listed By: Jeff Kellams
Source: Moodyscre
Added: Mar 10 Changed: Jul 30 Last Checked: Jul 30 at 10:20AM

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

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 property features a tenant roster that includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank, and Sally Beauty.

The center is located at 4200 S East St, Indianapolis, IN 46227, directly off Interstate 465. I-465 is an eight-lane expressway with 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. The site is approximately 5 miles south of downtown Indianapolis.

Within a 5-mile radius, the population is over 216,000 people, supporting ongoing retail demand in this dense and growing market.

Key Highlights

  • 267,652 SF shopping center anchored by 59,520 SF Kroger
  • Tenant roster includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21 and more
  • Direct access off Interstate 465 (avg over 92,000 VPD)

Property 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 Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Carpet & Flooring Store 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

563
Businesses Nearby
Well-served
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

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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Similar Off Market Nearby

  • Southern Plaza — 4200 S East St, Indianapolis, IN 46227
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Frequently Asked Questions

What type of property is this?
Shopping center - Kroger-anchored shopping center off I-465 with an active tenant roster and high-traffic intersection access.
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: 267,652 SF shopping center anchored by 59,520 SF Kroger; Tenant roster includes Ross, Harbor Freight, Oak Street Health, Goodwill, Rue 21 and more; Direct access off Interstate 465 (avg over 92,000 VPD)
(317) 332-7722 Call to check price and availability
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