For Sale
$999,999

5050 38Th StIndianapolis, IN 46218

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Strong fundamentals: $127 PSF purchase price, rents averaging under $12 PSF. New roof (2023).
  • Net lease structure; tenant pays pro-rata share of CAM, taxes, insurance, and management.
  • Prime Indianapolis infill location on major thoroughfare with established customer base.
  • Stable rental income: average rent under $12 PSF.

Property Details for 5050 38Th St

Property type
Lifestyle centers, Power centers
Square Feet
7,850 SF
Year Built/Renovated
1967/2023
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8260778
Longitude
-86.0848376
5050 38Th St, Indianapolis, Indiana
Leaflet | © OpenStreetMap contributors

FAQs

Where is the lifestyle center located?
The property is located at 5050 38Th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Strong fundamentals: $127 PSF purchase price, rents averaging under $12 PSF. New roof (2023).; Net lease structure; tenant pays pro-rata share of CAM, taxes, insurance, and management.; Prime Indianapolis infill location on major thoroughfare with established customer base.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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5050 38Th St
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