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    7421 10Th St Indianapolis, IN 46214

    For Lease
    Contact for pricing

    Build-to-suit or ground lease available.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail outlot, located at 7421 W 10th St in Indianapolis, Indiana, presents a unique investment opportunity. Situated on a one-acre lot in Marion County, this property offers flexible space options ideal for a variety of retail or restaurant uses. The site allows for build-to-suit development or a ground lease arrangement, catering to specific tenant requirements. Multiple tenancy is possible, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 6,900 square feet. While the listing mentions a range of 1,200 to 10,000 square feet, the actual buildable space is subject to the final design and lease agreement. The property's prime location in Indianapolis, with its convenient access and high visibility, makes it an attractive prospect for businesses seeking to establish a strong presence in a thriving market. The 46214 zip code boasts a robust consumer base and significant foot traffic. This is an excellent chance to secure a prominent location for a new retail venture or expand an existing business. Interested parties are encouraged to contact us to discuss build-to-suit options and ground lease terms. The property is ready for immediate development or lease.

    Property Features for 7421 10Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Outlot Z
    Size
    10,000 SF

    HighLights

    • 1‑acre outlot, build‑to‑suit or ground lease opportunity.
    • High‑visibility corner lot at a signalized intersection with strong traffic counts.
    • Excellent location across from schools with a combined enrollment of approximately 6,000 students.
    • Strong tenant mix including CVS, Starbucks, Dollar General, and other national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.2927032
    Latitude
    39.7786365

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    FAQs

    What type of property is this?
    Restaurant - Build-to-suit or ground lease available.
    Where is this restaurant located?
    The property is located at 7421 10Th St Indianapolis, IN.
    What are key features of this property?
    This property features: 1-acre outlot, build-to-suit or ground lease opportunity.; High-visibility corner lot at a signalized intersection with strong traffic counts.; Excellent location across from schools with a combined enrollment of approximately 6,000 students.
    Request Owner's contact information
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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
    7421 10Th St Indianapolis, IN 46214
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