Former Restaurant Redevelopment
For Lease
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6243 West Washington Street, Indianapolis, IN 46241
Former Steak ’n Shake 3,138 SF restaurant building on 0.81 acres, on a high-traffic Washington St corridor.
Space SizeContact for details
Lot Size0.81 Acres
Days on Market110
Property Features for 6243 West Washington Street
General Information
Standard status
Active
Lot size
0.81 Acres
Property subtype
Retail
Additional Details
Traffic Count
41,168 vehicles/day
Listing Agency:
CBRE
Listed By:
Kevin Broderick · License #RB14046136
(317) 269-1000
Source:
Cbre
Added: Jul 3
Changed: Oct 12
Last Checked: Oct 19 at 5:22AM
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 CBRE
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Investment Insights
Based on property information with market context.
The former Steak ’n Shake property includes a 3,138 SF restaurant building situated on approximately 0.81 acres. The site is being offered as a restaurant backfill opportunity or for redevelopment, depending on a tenant’s or buyer’s plans.
Located along the prominent W Washington St. corridor, the property benefits from high visibility supported by a reported daily traffic volume of 41,168 vehicles. The site is also described as being only minutes from Indianapolis International Airport.
For parties seeking a commercial restaurant building with redevelopment flexibility, this location provides a straightforward, single-building configuration on a parcel of about 0.81 acres.
Located along the prominent W Washington St. corridor, the property benefits from high visibility supported by a reported daily traffic volume of 41,168 vehicles. The site is also described as being only minutes from Indianapolis International Airport.
For parties seeking a commercial restaurant building with redevelopment flexibility, this location provides a straightforward, single-building configuration on a parcel of about 0.81 acres.
Key Highlights
- Former Steak ’n Shake building with 3,138 SF on 0.81 acres
- On the W Washington St corridor with daily traffic volume of 41,168 vehicles
- Restaurant backfill or redevelopment prospect on a prominent Washington St location
Property Analytics
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Current Use
Lease Details
41,168 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
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Market
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former Steak ’n Shake 3,138 SF restaurant building on 0.81 acres, on a high-traffic Washington St corridor.
Where is this conventional restaurant located?
The property is located at 6243 West Washington Street Indianapolis, IN.
What are key features of this property?
This property features: Former Steak ’n Shake building with 3,138 SF on 0.81 acres; On the W Washington St corridor with daily traffic volume of 41,168 vehicles; Restaurant backfill or redevelopment prospect on a prominent Washington St location
