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    1095 Broad Ripple Ave Indianapolis, IN 46220

    For Lease
    Contact for pricing

    Prime Broad Ripple Village Retail Opportunity

    Lot size:
    29,154 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Broad Ripple Station offers a unique retail investment opportunity in the heart of Indianapolis' vibrant Broad Ripple Village. This multi-tenant property comprises two buildings totaling sixteen suites, providing flexible space options ranging from 1,600 to 12,900 contiguous square feet. The property's strategic location offers exceptional visibility and accessibility, situated directly adjacent to the popular Monon Trail, a 26-mile multi-use path boasting 1.5 million annual visits. Its proximity to the new RiverWalk, an off-street bike and pedestrian trail connecting the Monon Trail to Broad Ripple Park, further enhances its appeal to pedestrians and cyclists. The surrounding area is experiencing significant growth, with thousands of new apartments and office redevelopment projects underway, creating a dynamic and expanding trade area. Broad Ripple Village itself is renowned for its eclectic mix of independent restaurants, bars, brewpubs, galleries, and trendy shops, ensuring a high volume of foot traffic and a strong customer base. A significant advantage is the availability of 228 dedicated surface parking spaces, a rare commodity in this highly desirable location. This property presents a compelling opportunity for businesses seeking a prominent presence in one of Indianapolis' most sought-after retail districts. The flexible suite sizes cater to a wide range of retail concepts, from small boutiques to larger restaurants or service businesses. Contact us today to learn more about leasing opportunities.

    Property Features for 1095 Broad Ripple Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,154 SF

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Up to 12,900 SF Available
    Size
    12,900 SF
    Space
    1,600 SF Available Inline
    Size
    1,600 SF
    Space
    3,000 SF East Endcap Available
    Size
    3,000 SF
    Space
    6,494 SF - East Endcap Available
    Size
    6,494 SF
    Space
    1,960 SF Available - Inline
    Size
    1,960 SF
    Space
    3,200 SF Available Inline
    Size
    3,200 SF

    HighLights

    • Located in the vibrant Broad Ripple Village, known for its diverse mix of restaurants, bars, and shops.
    • Adjacent to the Monon Trail, a popular 26‑mile multi‑use path with 1.5 million annual visits.
    • Strong growth area with numerous new apartment and office developments.
    • Excellent location along the new RiverWalk, connecting the Monon Trail to Broad Ripple Park.
    • Offers 228 surface parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fox Family Medicine Medical Clinic Kathryn Borowy, NP Nurse Practitioner Chelsea Workman Family Practice Physician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -86.139305932869
    Latitude
    39.869042463754

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Broad Ripple Village Retail Opportunity
    Where is this lifestyle center located?
    The property is located at 1095 Broad Ripple Ave Indianapolis, IN.
    What are key features of this property?
    This property features: Located in the vibrant Broad Ripple Village, known for its diverse mix of restaurants, bars, and shops.; Adjacent to the Monon Trail, a popular 26-mile multi-use path with 1.5 million annual visits.; Strong growth area with numerous new apartment and office developments.
    Request Owner's contact information
    1095 Broad Ripple Ave Indianapolis, IN 46220
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    Indianapolis, IN 46220
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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
    1095 Broad Ripple Ave Indianapolis, IN 46220
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