Listing Agency: Riser Retail Group Carmel Show Phone

Listed By: John F. Riser · License #RB14036150

Source: Crexi

Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 11:14PM

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Investment Insights

Based on property information with market context.

McFarland Marketplace I is a retail property totaling 17,200 SF and offered for sale. The asset is located at 8028 S Emerson Ave in Indianapolis, Indiana 46237, with an 8.07% CAP rate identified in the property information.

Key Highlights

• 17,200 SF retail property
• 8.07% CAP rate
• Located at 8028 S Emerson Ave, Indianapolis, IN 46237

Property Analytics

Property Profile

Current Use

Classy Nails & Spa Hair Salon Stop11 Smoke Shop (Bike/Boat/Book/etc) Store Don's Butcher Shop Take-out & Catering Gagandeep Bath Dental Office R&R Extreme Wings Restaurant

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service Daycare Center

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

1,396

Businesses Nearby

Explore this area Business Placement

Demographics for 46237, IN

44,378

Population

17,660

Households

2.5

Avg Household Size

36

Median Age

34%

College-Educated

89%

High-School Grad

14.7 sq mi

ZIP Area

3,019

Density / Sq Mi

$76,676

Median Household Income

$47,742

Median Earnings

$1,272

Median Rent

$216,300

Median Home Value

Market

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail asset offered for sale in Indianapolis at a named marketplace property.

Where is this retail space located?

The property is located at 8028 S Emerson Ave Indianapolis, IN.

What are key features of this property?

This property features: 17,200 SF retail property; 8.07% CAP rate; Located at 8028 S Emerson Ave, Indianapolis, IN 46237