Listing Agency: Tharp Realty c***@tharprealty.com Show Phone

Listed By: Crystal Kennard · License #RB14051298 Show Phone

Source: Moodyscre

Added: Mar 3, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:19AM

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Investment Insights

Based on property information with market context.

Located in Indianapolis, this property is suited for retail and strip center tenants. Situated along South Emerson Avenue, it offers visibility and accessibility. The surrounding University Heights and University Heights South neighborhoods provide a customer base of local residents and students. Nearby attractions include the University Heights Shopping Center and Washington Square Mall. The property offers an opportunity for businesses to thrive within a dynamic community. The property size is 2,250 square feet.

Key Highlights

• Excellent visibility and accessibility on South Emerson Avenue.
• Ideal location for retail and strip center tenants.
• Situated in Indianapolis.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Repair Shop Nail Salon Electrical Service Big Box & Wholesale Store

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

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Explore this area Business Placement

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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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail property for lease in Indianapolis with high visibility.

Where is this strip mall located?

The property is located at 4830-4856 S Emerson Ave Indianapolis, IN.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Excellent visibility and accessibility on South Emerson Avenue.; Ideal location for retail and strip center tenants.; Situated in Indianapolis.