Retail Outlot
For Lease
Contact for pricing
8401 Michigan Rd, Indianapolis, IN 46268
Retail outlot offers potential for a 500 to 1,000 SF building near major national retailers.
Space SizeContact for details
Lot Size0.50 Acres
Days on Market378
Property Features for 8401 Michigan Rd
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
LAND
Lease Type
NNN
Site & Location
Neighborhood
Augusta / New Augusta
Spaces For Lease
at 8401 Michigan Rd
8401 Michigan Rd
$13.50/SF/Yr
Type
LAND
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Well located in major retail hub (Walmart, Sams, Costco, etc.)
- North Michigan Road: 27,028 ADT
- Outlot size: 0.3 - 0.5 acres
- Potential building Size: 500 - 1,000 SF
Contact us
Listing Agency:
Bradley Company - Corporate
(317) 663-6000
Listed By:
Kevin Dick · License #RB14042386
(317) 213-6692
Source:
Moodyscre
Added: Oct 16, 2025
Changed: Oct 26
Last Checked: Oct 28 at 10:44AM
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 Bradley Company - Corporate
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Investment Insights
Based on property information with market context.
This commercial land outlot is available for rent and offers development potential for a small retail or service building, with an estimated potential building size of 500 to 1,000 SF. The outlot size is approximately 0.3 to 0.5 acres.
The site is positioned within a major retail hub that includes nearby national anchors such as Walmart, Sam’s, and Costco. It is located along North Michigan Road, which has reported traffic of 27,028 ADT, supporting strong day-to-day retail exposure for a future build-to-suit concept.
The property at 8401 Michigan Rd, Indianapolis, IN 46268, is best suited for users seeking a smaller-footprint development opportunity in an established retail environment.
The site is positioned within a major retail hub that includes nearby national anchors such as Walmart, Sam’s, and Costco. It is located along North Michigan Road, which has reported traffic of 27,028 ADT, supporting strong day-to-day retail exposure for a future build-to-suit concept.
The property at 8401 Michigan Rd, Indianapolis, IN 46268, is best suited for users seeking a smaller-footprint development opportunity in an established retail environment.
Key Highlights
- Located in a major retail hub near national retailers including Walmart, Sam's, and Costco
- North Michigan Road: 27,028 ADT
- Outlot size of approximately 0.3 to 0.5 acres
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Commercial land - Retail outlot offers potential for a 500 to 1,000 SF building near major national retailers.
Where is this commercial land located?
The property is located at 8401 Michigan Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Located in a major retail hub near national retailers including Walmart, Sam's, and Costco; North Michigan Road: 27,028 ADT; Outlot size of approximately 0.3 to 0.5 acres
