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12295 Pellicano Dr El Paso, TX 79936

For Sale
Contact for pricing

Prime location, high traffic, 4,220 sq ft.

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional 4,220 square foot freestanding retail building presents a unique investment opportunity in the vibrant Broad Ripple Village, an Indianapolis cultural district renowned for its diverse retail, dining, arts, and recreational offerings. Strategically situated on a prime corner lot at the intersection of Broad Ripple Avenue and College Avenue, this single-tenant property boasts excellent visibility and accessibility from both major thoroughfares, as well as Westfield Boulevard. The property benefits from exceptionally strong pedestrian traffic generated by Broad Ripple Avenue, the Monon Trail, and the Canal Trail. Further enhancing its appeal is its proximity to a parking garage offering nearly 350 spaces, located directly across the street. Recent significant investments totaling $8 million have revitalized Broad Ripple's infrastructure, including streets, sidewalks, lighting, and landscaping. The property's location is further amplified by its proximity to a high concentration of residents, with over 700 high-end apartment units within walking distance. The surrounding area is also home to a substantial student population, with Butler University (5,500 students), Purdue Polytech High School, Marian University (3,500 students), and Indiana University/Purdue University Indianapolis (30,000 students) all nearby. This property is surrounded by a thriving mix of established businesses, including Fresh Thyme Farmers Market, The Vogue, Starbucks, Chipotle, Café Patachou, Kilroy's, Brothers, Massage Envy, Salon Lofts, and Orange Theory, creating a dynamic and desirable commercial environment. The property includes 12 parking spaces.

Property Features for 12295 Pellicano Dr

General Information

Property type
Land
Lot Size
159,430 SF

HighLights

  • 4,220 SF freestanding retail building in Marion County.
  • Single‑tenant occupancy.
  • Located on a prime corner in Broad Ripple Village, Indianapolis.
  • Excellent pedestrian and vehicular access.
  • Abundant nearby parking.
  • Recent $8 million in area infrastructure improvements.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Luis A. Terrazas, DVM Veterinarian Vogue Hair Salon Hair Salon Ocean Nails Nail Salon Murphy Express Gas Station Bee's Pastry Café Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
El Paso
County
El Paso
State
Texas
Longitude
-106.2693612
Latitude
31.7267054

FAQs

What type of property is this?
Land - Prime location, high traffic, 4,220 sq ft.
Where is this land located?
The property is located at 12295 Pellicano Dr El Paso, TX.
What are key features of this property?
This property features: 4,220 SF freestanding retail building in Marion County.; Single-tenant occupancy.; Located on a prime corner in Broad Ripple Village, Indianapolis.
More about this property
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