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Retail Space in Newly Constructed Center
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6925 S Franklin Rd, Indianapolis, IN 46259

Retail suites available in a newly constructed neighborhood center.

Space Size1,800 SF - 1,803 SF
Property Size10,800 SF
Days on Market1178

Property Features for 6925 S Franklin Rd

General Information

Standard status Active
Size 1,800 SF - 1,803 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 10,800 SF
Year Built 2023
Tenancy Multiple

Spaces For Lease

at 6925 S Franklin Rd Contact us

Suite 103

Size
1,800 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 104

Size
1,803 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 105

Size
1,803 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Tharp Realty Group
Listed By: Jeffrey Marchio · License #RB17000302
Source: Crexi
Added: Jun 12, 2023 Changed: Aug 16 Last Checked: Aug 29 at 3:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tharp Realty Group

Investment Insights

Based on property information with market context.

Located at the northeast corner of Southport Road and Franklin Road in Indianapolis, Indiana, this newly constructed center offers retail space for rent. The 10,800 square foot center has available suites. Up to 5,400 square feet is available and can be demised to 1,800 square feet. The property is delivered in whitebox condition. Situated in the heart of Franklin Township, this neighborhood center benefits from a strategic location near Franklin Central High School and five elementary schools. Pylon signage is available. The area features strong demographics with a high average household income. Current tenants include Cold Stone Creamery, Magoo’s Pizza, and Fashion Nail Spa.

Key Highlights

  • Excellent location at the NEC of Southport Rd and Franklin Rd in the heart of Franklin Township.
  • Newly constructed 10,800 SF center built in 2023.
  • 5,400 SF Available; Demisable to 1,800 SF.**

Property Analytics

Current Use

Godfather's Pizza Express Take-out & Catering Charley Biggs Chicken Restaurant Hunt brother pizza Restaurant LibertyX Bitcoin ATM Atm Shell Gas Station

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 46259, IN

13,703
Population
5,108
Households
2.7
Avg Household Size
39
Median Age
48%
College-Educated
93%
High-School Grad
22.7 sq mi
ZIP Area
604
Density / Sq Mi
$129,615
Median Household Income
$67,647
Median Earnings
$1,261
Median Rent
$304,800
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 SF
Avg Space Size

This space is priced 52% above the average of $18.42 /SF/Yr.

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suites available in a newly constructed neighborhood center.
Where is this retail space located?
The property is located at 6925 S Franklin Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Excellent location at the NEC of Southport Rd and Franklin Rd in the heart of Franklin Township.; Newly constructed 10,800 SF center built in 2023.; 5,400 SF Available; Demisable to 1,800 SF.**
More about this property
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