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Freestanding Retail Building with Drive-Through
For Lease
Contact for pricing

902 E Hanna Ave, Indianapolis, IN 46227

2019-built retail facility serving a dense residential trade area with on-site parking.

Space Size2,433 SF
Lot Size0.75 Acres
Days on Market56

Property Features for 902 E Hanna Ave

General Information

Standard status Active
Size 2,433 SF
Net Rentable 2,433 SF
Total Parking Spaces 15
Lot size 0.75 Acres
Property subtype RETAIL

Space & Availability

Available Space 2,433 SF
Contiguous Space 2,433 SF

Additional Details

Highway Access Yes

Building Details

Year Built 2019
Building Size 2,433 SF

Spaces For Lease

at 902 E Hanna Ave
902 E Hanna Ave AVAILABLE, Now
Floor 1
Size 2,433 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 2,433 SF Freestanding building with drive-thru (33’ x 72’) - Built in 2019 - 15 parking spaces - 0.75 Acres - Minutes from the University of Indianapolis campus (4,000 students) - Easy access to I-465 - Dense residential trade area
Contact us
Listing Agency: Veritas Realty
Listed By: John Holloway · License #RB14036910
Source: Moodyscre
Added: Aug 24 Changed: Oct 15 Last Checked: Oct 16 at 5:43AM

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.

This freestanding retail property contains 2,433 SF within a 33’ x 72’ building constructed in 2019. A drive-through and 15 parking spaces support customer-oriented operations, while the site encompasses 0.75 acres.

The property is located at 902 E Hanna Ave in Indianapolis, with convenient access to I-465. The surrounding trade area is densely residential, and the University of Indianapolis campus, serving 4,000 students, is minutes away.

Key Highlights

  • 2,433 SF freestanding retail building with drive‑through
  • 33’ x 72’ building constructed in 2019
  • 15 parking spaces on a 0.75‑acre site

Property Analytics

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Current Use

Walgreens Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm COVID-19 Drive-Thru Testing ... Medical Laboratory FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency HVAC Service Nail Salon Bakery Plumbing Service 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Indianapolis, IN

$19.33 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
9,252 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - 2019-built retail facility serving a dense residential trade area with on-site parking.
Where is this retail space located?
The property is located at 902 E Hanna Ave Indianapolis, IN.
What are key features of this property?
This property features: 2,433 SF freestanding retail building with drive‑through; 33’ x 72’ building constructed in 2019; 15 parking spaces on a 0.75‑acre site
(317) 986-7037 Call to check price and availability
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