Multi-Tenant Retail
For Sale
Contact for pricing
7002 Shore Terrace, Indianapolis, IN 46254
Neighborhood retail center with triple-net leases, established occupants, and vacant suites available for leasing.
Property Size14,025 SF
Days on Market144
Property Features for 7002 Shore Terrace
General Information
Standard status
Active
Size
14,025 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:54AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This 14,025-square-foot retail center in Indianapolis contains multiple tenant suites and was constructed in 1985. Five tenants occupy the property under triple-net lease structures that pass common area maintenance, tax, and insurance expenses through to the tenants. Two vacant suites account for approximately 12 percent of the center.
The property is positioned along Eagle Highlands Way, just west of Interstate 465 and north of the West 38th Street corridor. Surrounding uses include medical offices, retail properties, and multifamily and single-family housing. Main Event and Liquors Unlimited have each occupied space at the center for 29 years. The property also has a newly signed Dollar Store tenant on a five-year lease.
The property is positioned along Eagle Highlands Way, just west of Interstate 465 and north of the West 38th Street corridor. Surrounding uses include medical offices, retail properties, and multifamily and single-family housing. Main Event and Liquors Unlimited have each occupied space at the center for 29 years. The property also has a newly signed Dollar Store tenant on a five-year lease.
Key Highlights
- 14,025‑square‑foot multi‑tenant retail center constructed in 1985
- Five tenants occupy the center under triple‑net leases
- Two vacant suites represent approximately 12 percent of the center
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46254, IN
40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood retail center with triple-net leases, established occupants, and vacant suites available for leasing.
Where is this shopping center located?
The property is located at 7002 Shore Terrace Indianapolis, IN.
What are key features of this property?
This property features: 14,025‑square‑foot multi‑tenant retail center constructed in 1985; Five tenants occupy the center under triple‑net leases; Two vacant suites represent approximately 12 percent of the center
