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    8310 Castleton Corner Dr Indianapolis, IN 46250

    For Lease
    Contact for pricing

    Indianapolis Shopping Center, prime location.

    Lot size:
    165,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Castleton Commons offers an exceptional retail investment opportunity in Indianapolis, Indiana. This 165,454 square foot shopping center boasts a prime location as an outlot to Castleton Square Mall, Indianapolis' premier regional mall, ensuring high visibility and significant foot traffic. Currently, there are three available spaces ranging from 4,000 to 46,746 square feet, providing flexibility for various retail concepts. The property is situated in Marion County, at 8310 Castleton Corner Drive, zip code 46250, offering convenient access for customers from surrounding communities including Fishers, Carmel, and Lawrence. The substantial vacant space of 55,746 square feet presents a unique chance to customize and develop a significant portion of the center. This is an ideal opportunity for businesses seeking a high-traffic location within a thriving retail environment anchored by a major regional mall. The property's size and location make it an attractive investment for both established retailers and emerging brands looking to expand their market presence in a key Indianapolis area. The property type is retail, specifically a shopping center with multiple tenancies. This presents a chance to be part of a vibrant and successful retail destination.

    Property Features for 8310 Castleton Corner Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    165,454 SF

    Unit(s) available at that property

    Space
    Suite 8430
    Size
    4,000 SF
    Space
    Suite 8418
    Size
    5,000 SF
    Space
    Suite 8410
    Size
    46,746 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Floor & Decor Flooring Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0732308
    Latitude
    39.9084654

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    FAQs

    What type of property is this?
    Lifestyle center - Indianapolis Shopping Center, prime location.
    Where is this lifestyle center located?
    The property is located at 8310 Castleton Corner Dr Indianapolis, IN.
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    Indianapolis, IN 46250
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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
    8310 Castleton Corner Dr Indianapolis, IN 46250
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