Listing Agency: Sandor/Sand Capital - Corporate Show Phone

Listed By: Tim Lee

Source: Moodyscre

Added: Nov 29, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:56AM

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Investment Insights

Based on property information with market context.

This retail space is situated in a densely populated and internationally diverse area. The location provides convenient access to both I-65 and I-465. The property includes an outlot available for ground lease. A brand-new Old National Bank is now open on the premises. Daily traffic counts reach 33,348 on 38th Street and 23,768 on Moller Road. The property size is 8,000 square feet.

Key Highlights

• High daily traffic counts, with 33,348 on 38th Street and 23,768 on Moller Road
• Outlot available for ground lease
• Brand‑new Old National Bank now open

Property Analytics

Property Profile

Current Use

Collection Sites - Covid-19 ... Medical Laboratory

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Pharmacy

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

Location Intelligence

Trade Area within ½ mile

632

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Indianapolis, IN

$17.98 /SF/Yr

Avg Asking Price

$11.43–$27.5 /SF/Yr

Price Range

4,109 SF

Avg Space Size

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?

Retail space - Retail space for lease in an internationally diverse area.

Where is this retail space located?

The property is located at 5320-5418 W 38th St Indianapolis, IN.

What are key features of this property?

This property features: High daily traffic counts, with 33,348 on 38th Street and 23,768 on Moller Road; Outlot available for ground lease; Brand‑new Old National Bank now open