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Financial
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Property profile

4947 Emerson Ave Indianapolis, IN 46203

OFF-MARKET
Retail properties & Spaces
40,000 SF
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Property summary

AI-generated overview

Emerson Place Shoppes offers exceptional retail space in a thriving Indianapolis neighborhood shopping center. This prime location at 4947 S Emerson Ave, Indianapolis, IN 46203, boasts a total of 40,000 square feet of retail space. Currently, there are two available units, each offering flexibility in size. Units range from a minimum of 1,300 square feet to a maximum contiguous space of 1,500 square feet, providing ample room for a variety of retail businesses. A total of 2,800 square feet is currently vacant and ready for immediate occupancy. The property is situated in Marion County, offering convenient access to a substantial customer base in the southside Indianapolis area. This is an excellent opportunity for businesses seeking high visibility and strong foot traffic in a well-established shopping center. The property's location provides easy access for customers and employees alike. The available space presents a unique chance to establish or expand a retail presence in a dynamic and growing market. Don't miss this chance to secure your place in this successful shopping center. Contact us today to learn more about leasing opportunities and explore the potential of Emerson Place Shoppes.

Property profile

Verified
Property type Retail properties & Spaces
Total area 40,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

4947 Emerson Ave Indianapolis, IN 46203
Indianapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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