Freestanding Building on Michigan
For Lease
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7202 Michigan Rd, Indianapolis, IN
Freestanding 10,125 SF building on heavily traveled Michigan Road.
Space Size10,400 SF
Lot Size1.01 Acres
Days on Market1096
Property Features for 7202 Michigan Rd
General Information
Standard status
Active
Size
10,400 SF
Lot size
1.01 Acres
Property subtype
RETAIL
Spaces For Lease
at 7202 Michigan Rd Contact us- Floor
- Bldg
- Size
- 10,400 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
7202 Michigan Rd $18/SF/Yr
- Freestanding building, 10,125 square feet, built 2001
- Absoulte net lease, Tenant...
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Listing Agency:
Cushman & Wakefield | Indianapolis
(317) 352-5430
Listed By:
Carmen Thompson
(317) 352-5430
Source:
Moodyscre
Added: Aug 15, 2023
Changed: Aug 8
Last Checked: Aug 8 at 5:13AM
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 Cushman & Wakefield | Indianapolis
Investment Insights
Based on property information with market context.
This is a freestanding building with 10,125 square feet, constructed in 2001. The property is zoned C4 and situated on a 1.01-acre usable lot. It features excellent visibility along a heavily traveled corridor, with 228 feet of frontage on Michigan Road, which sees 26,418 vehicles per day. The location benefits from a signalized corner, providing a full range of access on 71st Street, as well as right-in/right-out (RIRO) access from Michigan Road. There is a pylon sign and 60 parking spaces available. The property is available for ground lease, presenting redevelopment opportunities. The real estate taxes are $25,593.34. The tenant is 100% responsible for all property expenses, maintenance, and upkeep, including real estate taxes, property insurance, and building and mechanical systems maintenance under an absolute net lease.
Key Highlights
- Excellent visibility on heavily traveled Michigan Road (26,418 VPD) with 228’ frontage.
- Absolute net lease, tenant responsible for all property expenses, maintenance, and upkeep.
- Signalized corner location with full access on 71st Street and RIRO access off Michigan Road.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Encanto Floral — 2720 W 71st St, Indianapolis, IN 46268
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding 10,125 SF building on heavily traveled Michigan Road.
Where is this storefront property located?
The property is located at 7202 Michigan Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Excellent visibility on heavily traveled Michigan Road (26,418 VPD) with 228’ frontage.; Absolute net lease, tenant responsible for all property expenses, maintenance, and upkeep.; Signalized corner location with full access on 71st Street and RIRO access off Michigan Road.
