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    2402 Lake Circle Dr Indianapolis, IN 46268

    For Lease
    Contact for pricing

    Indianapolis retail space, multiple suites available.

    Lot size:
    85,923 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Willow Lake East, located at 2402 Lake Cir Dr, Indianapolis, IN 46268, presents a prime retail or restaurant opportunity in a thriving strip center. This property boasts a total of 85,923 square feet, offering three available suites with flexible space options. Individual suites range from a minimum of 3,244 square feet to a maximum contiguous space of 4,456 square feet, providing versatility for various business needs. Currently, 11,691 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The center benefits from a highly desirable location, strategically positioned within a dense office community. This advantageous location ensures high visibility and accessibility, supported by a substantial daytime population exceeding 112,000 within a three-mile radius. The property's central location and strong surrounding demographics make it an ideal investment for businesses seeking high foot traffic and a robust customer base. This is a rare opportunity to secure retail space in a well-established center with excellent potential for growth and profitability. Contact us today to learn more about leasing opportunities at Willow Lake East.

    Property Features for 2402 Lake Circle Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,923 SF

    Unit(s) available at that property

    Space
    Suite 04
    Size
    4,456 SF
    Space
    Suite 17
    Size
    3,244 SF
    Space
    Suite 21
    Size
    3,991 SF

    HighLights

    • Indianapolis market location.
    • 85,923 square feet total.
    • Three available suites ranging from 3,244 to 4,456 square feet.
    • Key tenants include Indiana Bureau of Motor Vehicles and Snipes USA.
    • 1,960,668 annual visits.
    • Centrally located.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crown Liquors Liquor Store Amazon Locker - Jhed Shipping And Mailing Service Willow Lake East Restaurant Elite Nails Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2037383
    Latitude
    39.9139493

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    FAQs

    What type of property is this?
    Neighborhood center - Indianapolis retail space, multiple suites available.
    Where is this neighborhood center located?
    The property is located at 2402 Lake Circle Dr Indianapolis, IN.
    What are key features of this property?
    This property features: Indianapolis market location.; 85,923 square feet total.; Three available suites ranging from 3,244 to 4,456 square feet.
    Request Owner's contact information
    2402 Lake Circle Dr Indianapolis, IN 46268
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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
    2402 Lake Circle Dr Indianapolis, IN 46268
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