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Kroger-Adjacent Commercial Land
For Sale
Contact for pricing
Pending

524 E 16th St, Indianapolis, IN 46202

Flexible pad-site opportunity within an established Kroger parking area, with ground lease and built-to-suit structures available.

Property SizeContact for details
Days on Market142

Property Features for 524 E 16th St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Southeastern Development Brokerage Consulting
Listed By: Tyler Martin, CCIM · License #GA 373607
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:13PM

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 Southeastern Development Brokerage Consulting

Investment Insights

Based on property information with market context.

This commercial land opportunity offers a pad position within the parking area serving a Kroger location. The site configuration can be tailored to the selected tenant’s requirements, allowing flexibility in planning and development. Ground lease and built-to-suit arrangements are available for consideration.

The property is located at 524 E 16th St in Indianapolis, Indiana. Development was undertaken jointly by Southeastern and Kroger.

Key Highlights

  • Pad site positioned within Kroger’s parking area
  • Site size can be adjusted to tenant requirements
  • Ground lease and built‑to‑suit opportunities available

Property Analytics

Current Use

Redbox Cinema Kroger Bakery Bakery Western Union Bank Kroger Grocery & Convenience Store Kroger Money Services Bank

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store HVAC 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.

Location Intelligence

Trade Area within ½ mile

2,812
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Flexible pad-site opportunity within an established Kroger parking area, with ground lease and built-to-suit structures available.
Where is this commercial land located?
The property is located at 524 E 16th St Indianapolis, IN.
What are key features of this property?
This property features: Pad site positioned within Kroger’s parking area; Site size can be adjusted to tenant requirements; Ground lease and built‑to‑suit opportunities available
More about this property
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