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NNN Property
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502 North Rural Street, Indianapolis, IN 46201

The property was built in 1985.

Property Size12,008 SF
Price / SF$116.59
Days on Market23

Property Features for 502 North Rural Street

General Information

Standard status Active
Size 12,008 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $126,000

Building Details

Year Built 1985
Year Renovated 2022
Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #CQ1059597
Source: Crexi
Added: Aug 12 Changed: Sep 3 Last Checked: Sep 3 at 2:09AM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This NNN property contains 12,008 square feet and was constructed in 1985. The asset is located at 502 North Rural Street in Indianapolis, Indiana 46201.

Key Highlights

  • 12,008‑square‑foot NNN property
  • Constructed in 1985
  • Located at 502 North Rural Street, Indianapolis, IN 46201

Property Analytics

Current Use

LA CEIBA FOOD ... Specialty Food Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Accounting Firm Spa & Massage Center Skin Care Clinic Bakery Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - The property was built in 1985.
Where is this nnn property located?
The property is located at 502 North Rural Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 12,008‑square‑foot NNN property; Constructed in 1985; Located at 502 North Rural Street, Indianapolis, IN 46201
(949) 942-6585 Call to check price and availability
More about this property
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