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Anchored Retail Shopping Center

8327-8347 N Michigan Road, Indianapolis, IN 46268

For Lease
Contact for pricing

The center serves the 86th Street and Michigan Road trade area in Indianapolis.

Space Size1,400 SF
Days on Market41

Property Features for 8327-8347 N Michigan Road

General Information

Standard status Active
Size 1,400 SF
Property subtype Retail

Site & Location

Neighborhood Augusta / New Augusta

Spaces For Lease

at 8327-8347 N Michigan Road
#8339 Active
Size 1,400 SF
Contact us
Listing Agency: Midland Atlantic Properties
Listed By: Will Berens · License #IN
Source: Crexi
Added: Sep 30 Changed: Nov 8 Last Checked: Nov 8 at 6:06PM

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 Midland Atlantic Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail shopping center is located in Indianapolis at 8327-8347 N. Michigan Road. Big Lots and The Room Place serve as the center’s anchors.

The property is positioned in the 86th Street and Michigan Road trade area.

Key Highlights

  • Anchored by Big Lots and The Room Place
  • Located in the 86th Street and Michigan Road trade area
  • 8327‑8347 N. Michigan Road, Indianapolis, IN 46268

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service Parking Lot & Garage Storage Facility

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

926
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value

Market

Properties on Market for Shopping centers in Indianapolis

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Michigan Road Plaza — 7841-7857 Michigan Rd, Indianapolis, IN 46268
  • Quick-Tag — of, Humane Socitey, 7929 N Michigan Rd, Indianapolis, IN 46268
  • BMV Connect Kiosk — 8330 n michigan rd, indianapolis, in 46268
  • Shein — 8401 N Michigan Rd, Indianapolis, IN 46268
  • College Park Plaza Shopping Center — 3443-3535 W 86th St, Indianapolis, IN 46268

Frequently Asked Questions

What type of property is this?
Shopping center - The center serves the 86th Street and Michigan Road trade area in Indianapolis.
Where is this shopping center located?
The property is located at 8327-8347 N Michigan Road Indianapolis, IN.
What are key features of this property?
This property features: Anchored by Big Lots and The Room Place; Located in the 86th Street and Michigan Road trade area; 8327‑8347 N. Michigan Road, Indianapolis, IN 46268
(317) 597-1718 Call to check price and availability
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