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    2201 Southport Rd Indianapolis, IN 46217

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    For Lease
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    Indianapolis Retail Space - Lease/Build Available

    Lot size:
    653,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2201 W Southport Rd in Indianapolis, Indiana, presents a unique investment opportunity. Situated on a sizable 15-acre lot, this multi-tenant retail center offers one immediately available space for lease, along with the attractive option of a build-to-suit development. The property enjoys a highly desirable location in Marion County, with convenient access to I-69 and Southport Road, ensuring high visibility and significant foot traffic. The property's classification as a retail center indicates its suitability for a wide range of commercial uses, making it an ideal choice for businesses seeking a prominent presence in a thriving Indianapolis market. The zip code is 46217. The property's latitude and longitude coordinates are 39.662089 and -86.1984 respectively. This presents a rare chance to establish or expand a business in a strategic location with excellent accessibility and ample space for development or immediate occupancy. The build-to-suit option allows for complete customization to meet specific business needs, offering unparalleled flexibility and control over the final product. This prime retail space is ready for a discerning tenant seeking a high-impact location within a bustling commercial area. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 2201 Southport Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    653,400 SF

    Unit(s) available at that property

    Space
    Outlots
    Size
    653,400 SF

    HighLights

    • 15‑acre parcel with excellent visibility to US‑37/I‑69 and Southport Rd.
    • High‑traffic location at the southwest corner of I‑69's first southbound Indianapolis exit, boasting over 49,000 vehicles per day.
    • I‑69 interchange under construction; southbound exit complete in 2023, full interchange in 2024.
    • Future Southport Road extension planned to connect to SR 67 at Ameriplex Parkway.
    • Additional commercial land available nearby at the County Line Road exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1984
    Latitude
    39.662089

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    FAQs

    What type of property is this?
    Retail property - Indianapolis Retail Space - Lease/Build Available
    Where is this retail property located?
    The property is located at 2201 Southport Rd Indianapolis, IN.
    What are key features of this property?
    This property features: 15-acre parcel with excellent visibility to US-37/I-69 and Southport Rd.; High-traffic location at the southwest corner of I-69's first southbound Indianapolis exit, boasting over 49,000 vehicles per day.; I-69 interchange under construction; southbound exit complete in 2023, full interchange in 2024.
    Request Owner's contact information
    2201 Southport Rd Indianapolis, IN 46217
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    Indianapolis, IN 46217
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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
    2201 Southport Rd Indianapolis, IN 46217
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