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    10224 Us Highway 36 Avon, IN 46123

    Sponsored
    For Lease
    $22 SF/Yr

    Avon, IN: Prime Retail Space Available

    Lot size:
    16,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Centre at Shiloh Crossing, a Class A, 16,800 square foot retail center, offers exceptional opportunities in Avon, Indiana's thriving US 36 corridor. Built in 1996 and extensively renovated in 2021, this single-story building boasts nine suites, each a minimum of 2,000 square feet, with a maximum contiguous space of 2,000 square feet. Currently fully occupied, this property features 100 parking spaces and enjoys high visibility on Rockville Road, a major retail artery with over 40,000 vehicles passing daily. Its strategic location within Avon's primary retail hub places it near numerous national retailers, including Target, Walmart, and others. The property's two-acre lot and 14 FAR zoning provide significant potential. The building's features include a drive-thru end cap, further enhancing its appeal to prospective tenants. Located in Hendricks County, this property benefits from the Indianapolis metro area's robust economic growth and expanding population. This is a rare opportunity to acquire a high-performing retail asset in a prime location.

    Property Features for 10224 Us Highway 36

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,800 SF
    Class
    A
    Total Rate
    30800

    Building Details

    Year Built/Renovated
    1996/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,000 SF
    Rate per SF
    $25

    HighLights

    • 2,000 SF second‑generation restaurant space available.
    • Prime Avon retail corridor location.
    • High traffic count: 40,854+ vehicles per day.
    • Excellent visibility across from Dick's Sporting Goods, Target, Old Navy, Marshalls, and HomeGoods.
    • Prominent frontage on Rockville Road (US Hwy 36).
    Property Profile Location Intelligence

    Current Use by Public Records

    IRC Music West ... Music Store

    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
    Avon
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.3416765
    Latitude
    39.7642214

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    FAQs

    What type of property is this?
    Restaurant - Avon, IN: Prime Retail Space Available
    Where is this restaurant located?
    The property is located at 10224 Us Highway 36 Avon, IN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF second-generation restaurant space available.; Prime Avon retail corridor location.; High traffic count: 40,854+ vehicles per day.
    Request Owner's contact information
    10224 Us Highway 36 Avon, IN 46123
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    Avon, IN 46123
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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
    10224 Us Highway 36 Avon, IN 46123
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