4322 E Southport Rd., Indianapolis, IN 46237

Building Details

Buildings 1 More

Listing Agency: Meta CRE LLC

Listed By: James Cloud · License #RB22002394

Source: Crexi

Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 6:00PM

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Investment Insights

Based on property information with market context.

The freestanding retail building contains 3,259 square feet and occupies a 1.3-acre site. It previously served as a quick-service restaurant.

Located on E. Southport Road in Indianapolis, the property is in a retail corridor with Target, Home Depot, Meijer, and Menards nearby.

Key Highlights

• Freestanding 3,259‑square‑foot retail building
• 1.3‑acre site
• Former quick‑service restaurant

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Gym & Fitness Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46237, IN

44,378

Population

17,660

Households

2.5

Avg Household Size

36

Median Age

34%

College-Educated

89%

High-School Grad

14.7 sq mi

ZIP Area

3,019

Density / Sq Mi

$76,676

Median Household Income

$47,742

Median Earnings

$1,272

Median Rent

$216,300

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Indianapolis, IN

$146 Jul

$144 Aug

$186 Sep

$156 Oct

Properties on Market for Storefront properties in Indianapolis

Jul

Aug

Sep

Oct

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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Frequently Asked Questions

What type of property is this?

Storefront property - Formerly operated as a quick-service restaurant, the property sits among national retailers along E. Southport Road.

Where is this storefront property located?

The property is located at 4322 E Southport Rd. Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: Freestanding 3,259‑square‑foot retail building; 1.3‑acre site; Former quick‑service restaurant