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    3905 96Th St Indianapolis, IN 46240

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    For Lease
    Contact for pricing

    Prime Indianapolis retail space available.

    Lot size:
    6,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Pyramid North Shoppes, located at 3905 W 96th St, Indianapolis, IN 46240, presents a unique investment opportunity in Marion County. This retail shopping center offers a total of 6,234 square feet of space, currently entirely vacant and available for lease. The property is configured to accommodate multiple tenants, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 4,834 square feet, providing flexibility for various business needs. The center enjoys a strategic location within a thriving Indianapolis community, serving a substantial population base of over 140,000 residents within a five-mile radius, ensuring high visibility and potential customer traffic. This presents a rare chance to establish a presence in a well-established retail area with significant growth potential. The property is classified as a retail shopping center and offers an exceptional opportunity for businesses seeking a prominent location in a densely populated area of Indianapolis. The entire 6,234 square feet is currently available, allowing for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. This versatile property is ideal for a variety of retail concepts seeking a strong foothold in a high-traffic area. Contact us today to learn more about this exceptional retail investment opportunity.

    Property Features for 3905 96Th St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,234 SF

    Unit(s) available at that property

    Space
    Unit 600-700
    Size
    4,834 SF

    HighLights

    • 1,400 - 4,834 square feet of space available.
    • Pylon signage opportunity available.
    • High‑visibility location on the Carmel/Indianapolis border, easily seen from I‑465 and Michigan Road.
    • High traffic count: over 46,000 vehicles per day at the 96th Street & Michigan Road intersection.
    • Convenient I‑465 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Thai Papaya Restaurant Thai Restaurant حلاق عربي arabic ... Barber Shop Press Craft One ... Dry Cleaner Big bear biscuit Breakfast Restaurant BAYDAA BEAUTY SUPPLIES ... Beauty Supply 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
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.227666
    Latitude
    39.92567

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Indianapolis retail space available.
    Where is this lifestyle center located?
    The property is located at 3905 96Th St Indianapolis, IN.
    What are key features of this property?
    This property features: 1,400 - 4,834 square feet of space available.; Pylon signage opportunity available.; High-visibility location on the Carmel/Indianapolis border, easily seen from I-465 and Michigan Road.
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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
    3905 96Th St Indianapolis, IN 46240
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