Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8738 Us Highway 36 Avon, IN 46123

    • Lifestyle centers
    • 6,510 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 8738 Us Highway 36

    Year built
    2024
    Lot size
    1.79 lot acres
    Property size
    6,510 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional investment opportunity presents a 6,510 square foot, three-tenant shopping center in Avon, Indiana, boasting a 6.25% cap rate and a substantial net operating income (NOI) of $275,175. Located at 8738 E US Hwy 36, this property benefits from a prime location on a major thoroughfare with nearly 45,000 vehicles passing daily. The center is anchored by Bibibop Asian Grill and Piada Italian Street Food, both with corporate guarantees, and features a third tenant. All tenants are under 10-year leases commencing March 1, 2025, with built-in rent bumps

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.3666
    Latitude
    39.7636

    Comparable in this City

    • Value Estimation by Request
      16,566 SF

      5201 Us Hwy 36

      SHOPPING CENTER, STRIP CENTER • 16,566 SF
      5201 Us Hwy 36, Avon, IN 46123-7837
      View Details
    • Value Estimation by Request
      20,800 SF

      9259 Us Hwy 36

      SHOPPING CENTER, STRIP CENTER • 20,800 SF
      9259 Us Hwy 36, Avon, IN 46123-7412
      View Details
    • Value Estimation by Request
      11,475 SF

      10022 Us Hwy 36

      SHOPPING CENTER, STRIP CENTER • 11,475 SF
      10022 Us Hwy 36, Avon, IN 46123-7770
      View Details
    • Value Estimation by Request
      16,800 SF

      10224 Us Hwy 36th, Unit 10242

      SHOPPING CENTER, STRIP CENTER • 16,800 SF
      10224 Us Hwy 36th, Avon, IN 46123-7769
      View Details
    • Value Estimation by Request
      12,754 SF

      9078 Us Hwy 36th, Unit 9086

      SHOPPING CENTER, STRIP CENTER • 12,754 SF
      9078 Us Hwy 36th, Avon, IN 46123-7780
      View Details
    • Value Estimation
      $450,000
      4,800 SF

      7810 Us Hwy 36

      SHOPPING CENTER, STRIP CENTER • 4,800 SF
      7810 Us Hwy 36, Avon, IN 46123-7158
      View Details

    Similar Nearby for Sale

    • $3,524,000
      3,020 SF

      New Chipotle with Drive-Thru

      New 15-year NNN lease Chipotle with drive-thru.
      7518 Beechwood Centre Rd, Avon, IN 46123
      View Details
    • $1,350,000
      7,839 SF

      Retail Space in Busy Corridor

      Retail property in a busy area with ample parking.
      7400 Business Center Dr, Avon, IN 46123
      View Details
    • $649,000
      4.00 Acres

      Avon, Indiana Residential Development Land

      Four acre residential development opportunity in Avon, Indiana.
      8505 E County Road 100 N, Avon, IN 46123
      View Details
    • $2,500,000
      3,800 SF

      Avon Industrial Development Opportunity

      6.2-acre I-2 zoned parcel with renovated industrial building.
      8369 Kingston St, Avon, IN 46123
      View Details
    • Contact for pricing

      Commercial Land Near Gable Crossing

      Commercial land with dual signalized entry near shopping center.
      168 Avon Village Pkwy, Avon, IN 46123
      View Details
    • Contact for pricing

      Avon Land for Sale

      One acre of land with immediate highway access.
      8550 Kingston St, Avon, IN 46123
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      1 SF

      Avon Retail Space - Prime Location

      High-traffic retail space, 1 sq ft, ample parking.
      9166 Us Highway 36, Avon, IN 46123
      View Details
    • $23 SF/Yr
      16,030 SF

      Avon Retail Center - Hwy 36

      High-traffic retail space available. Avon, IN.
      9782-9784 Avon In, Avon, IN 46123
      View Details
    • Contact for pricing
      7,171 SF

      Retail Space in Avon, Indiana

      Retail property for lease in Avon, Indiana, anchored by Panera.
      6961 E Us Highway 36, Avon, IN 46123
      View Details
    • Contact for pricing
      28,000 SF

      Avon Commons Retail Space

      Regional shopping center space for lease in Avon, Indiana.
      10401 E Us Highway 36, Avon, IN 46123
      View Details
    • Contact for pricing
      55,000 SF

      Avon Retail Anchor Space Available

      55,000 SF anchor space in Avon retail corridor.
      9779-9841 E Us Highway 36, Avon, IN 46123
      View Details
    • Contact for pricing
      3,000 SF

      Avon Commons Retail Space Available

      Retail space for lease in premier Indianapolis shopping center.
      10209 E Us Highway 36, Avon, IN 46123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8738 Us Highway 36
    Avon, IN 46123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.