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Ground Lease Retail Outlot
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8603 S Emerson Ave, Indianapolis, IN 46237

Newly completed outlot offering BTS ground lease and two twin small shop buildings with visibility near a high-volume intersection.

Space Size1,660 SF
Days on Market587

Property Features for 8603 S Emerson Ave

General Information

Standard status Active
Size 1,660 SF
Property subtype RETAIL

Site & Location

Neighborhood South Franklin

Spaces For Lease

at 8603 S Emerson Ave
8603 S Emerson Ave AVAILABLE, Now
Floor 1
Size 1,660 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- New construction neighborhood retail center 100% complete! - 1.1 AC (net) outlot available for ground lease of BTS along Emerson Ave - Two (2) ‘Twin’ small shop buildings with flexible suite sizes - Anchor pad with highway visibility (I-65); ideal for entertainment, hotel, multi-family, automotive and more - Over 63,000 + CPD at high-volume intersection of Emerson Ave & County Line Rd. - Heavy daytime population driven by Kroger Marketplace, Franciscan Health, Walmart Supercenter, Costco, Floor & Decor and more
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Listing Agency: Veritas Realty
Listed By: Andrew Demaree · License #RB16000417
Source: Moodyscre
Added: Mar 21, 2025 Changed: Oct 25 Last Checked: Oct 26 at 4:15PM

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 Veritas Realty

Rey
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Investment Insights

Based on property information with market context.

New construction neighborhood retail center is 100% complete and includes a 1.1-acre (net) outlot available for a ground lease of BTS along Emerson Ave. The site also features two “twin” small shop buildings with flexible suite sizes, plus an anchor pad with highway visibility along I-65.

The property is positioned at a high-volume intersection of Emerson Ave & County Line Rd, with over 63,000+ CPD. The surrounding area is supported by heavy daytime population from major retailers and employers including Kroger Marketplace, Franciscan Health, Walmart Supercenter, Costco, and Floor & Decor.

This offering is suited for flexible ground-lease and small-suite retail concepts, with an anchor pad presentation supported by interstate visibility.

Key Highlights

  • Newly completed neighborhood retail center outlot offering ground lease for BTS along Emerson Ave
  • 1.1 AC (net) outlot available for BTS ground lease
  • Two 'twin' small shop buildings with flexible suite sizes

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Storage Facility Grocery & Convenience Store Parking Lot & Garage

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

763
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Newly completed outlot offering BTS ground lease and two twin small shop buildings with visibility near a high-volume intersection.
Where is this commercial land located?
The property is located at 8603 S Emerson Ave Indianapolis, IN.
What are key features of this property?
This property features: Newly completed neighborhood retail center outlot offering ground lease for BTS along Emerson Ave; 1.1 AC (net) outlot available for BTS ground lease; Two 'twin' small shop buildings with flexible suite sizes
(317) 737-2880 Call to check price and availability
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