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    8050 Southport Rd Indianapolis, IN 46259

    Sponsored
    For Lease
    $540 /Mo ($0.43 SF/Yr)

    Retail space, flexible layouts, high visibility

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A retail center, located at 8050 E Southport Rd, Indianapolis, IN 46259, offers 15,000 square feet of space in Franklin Township. Seven suites are available, with flexible layouts accommodating 1,400 to 2,500 contiguous square feet. The property sits on 3.5 acres and benefits from ample parking and easy access from major roadways. Its strategic location within a rapidly growing residential area ensures high foot traffic and visibility, ideal for retail shops, boutiques, and service-oriented businesses. Franklin Township boasts a strong local economy, supportive community initiatives, and a family-friendly environment with excellent schools and amenities. This presents a unique opportunity for businesses to thrive in a market with significant untapped retail demand and a business-friendly local government. The property's modern infrastructure and convenient location near major highways make it an attractive option for businesses seeking to establish or expand their presence in Indianapolis. This is a prime opportunity to capitalize on the growth and potential of Franklin Township.

    Property Features for 8050 Southport Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    A
    Total Rate
    540

    Unit(s) available at that property

    Space
    Inline Retail
    Size
    15,000 SF
    Rate per SF
    $540

    HighLights

    • Brand new construction.
    • Tenant finish allowance available.
    • Rear loading with egress doors.
    • Building signage permitted on facade and pylon sign.
    • Utilities available: water, gas, and electricity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0234172
    Latitude
    39.6672055

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    FAQs

    What type of property is this?
    Restaurant - Retail space, flexible layouts, high visibility
    Where is this restaurant located?
    The property is located at 8050 Southport Rd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $540 /Mo.
    What are key features of this property?
    This property features: Brand new construction.; Tenant finish allowance available.; Rear loading with egress doors.
    Request Owner's contact information
    8050 Southport Rd Indianapolis, IN 46259
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    Indianapolis, IN 46259
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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
    8050 Southport Rd Indianapolis, IN 46259
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