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    7848 Pendleton Pike Lawrence, IN 46226

    Sponsored
    For Lease
    $18 SF/Yr ($15,000 /Mo)

    Flex space, ideal for various uses.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Pike Plaza, located at 7848 Pendleton Pike in Lawrence, Indiana, presents a unique investment opportunity. This Class A, 10,000 square foot retail and industrial center sits on 2.078 acres of land and features 20 suites, with a minimum divisible space of 150 square feet and options up to 5,000 square feet. The property boasts 48 parking spaces and underwent renovations in 2024. Currently, a portion of the building is being converted into salon and spa loft spaces, offering a turnkey solution for beauty professionals. An additional 2,000 square feet is available for a laundromat or similar use, providing flexibility for diverse business needs. The property is zoned C4 and its convenient location in the Lawrence submarket, near I-465 and U.S. 36, ensures high visibility and accessibility. The APN is 49-07-13-105-008.000-407. This is a rare chance to establish or expand your business in a thriving area with ample space and modern amenities. Don't miss this opportunity to secure your space in this dynamic commercial center.

    Property Features for 7848 Pendleton Pike

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    A
    Total Rate
    15000

    Building Details

    Year Renovated
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,000 SF
    Rate per SF
    $22

    HighLights

    • Class A, 10,000 SF retail/industrial center on 2.07 acres in Lawrence, IN.
    • 20 suites available, ranging from 150 SF to 5,000 SF.
    • 48 parking spaces and 2024 renovations.
    • High‑traffic location near I‑465 and US 36 with excellent visibility and signage.
    • Currently includes salon/spa lofts and 2,000 SF available for a laundromat or similar use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Universal Auto Repair Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Marion
    State
    Indiana
    Longitude
    -86.0314249
    Latitude
    39.8349414

    Nearby Comparable

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      10,000 SF

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      Indianapolis Flex Space Available

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      Pendleton Pike Retail Space Available

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      7027 Pendleton Pike, Indianapolis, IN 46226
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      High-Visibility Retail Space Available

      Prime commercial space in a high-traffic Indianapolis location.
      7017 Pendleton Pike, Indianapolis, IN 46226
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      Jackson Industrial Park: Flex Space Available

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    Nearby Similar for Lease

    • $14 SF/Yr
      10,400 SF

      Retail Space in Shopping Center

      Neighborhood shopping center with retail space for lease.
      6880 Pendleton Pike, Lawrence, IN
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      1,640 SF

      Remodeled Retail Center on Pendleton

      Remodeled retail center with high visibility and traffic counts.
      8375 Pendleton Pike, Lawrence, IN
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    • Contact for pricing
      5,000 SF

      Flex Space in Lawrence, Indiana

      5,000 SF flex space with office and drive-in.
      4351-4371 Sellers St, Lawrence, IN
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Flex space, ideal for various uses.
    Where is this individual retail property located?
    The property is located at 7848 Pendleton Pike Lawrence, IN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A, 10,000 SF retail/industrial center on 2.07 acres in Lawrence, IN.; 20 suites available, ranging from 150 SF to 5,000 SF.; 48 parking spaces and 2024 renovations.
    Request Owner's contact information
    7848 Pendleton Pike Lawrence, IN 46226
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    Lawrence, IN 46226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7848 Pendleton Pike Lawrence, IN 46226
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