12460 Meridian St Carmel, IN 46032
- Neighborhood centers
- 17,895 SF
Current Use by Public Records
- USPS Drop Box / Shipping And Mailing Service
Property Details for 12460 Meridian St
- Year built
- 1987
- Property size
- 17,895 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Invest in this exceptional 17,895 square foot retail strip center, ideally situated in Hamilton County, Indiana. The property, built in 1987, boasts a single story design and is zoned B2. Currently, there are three available spaces, offering flexible options ranging from 1,200 to 7,645 contiguous square feet, with a total of 6,159 square feet currently vacant. This presents a unique opportunity for businesses seeking high visibility and strong foot traffic. The center enjoys a prominent location on Meridian Street, experiencing a daily traffic count of 46,404 vehicles. Its strategic placement between IU North Hospital and St. Vincent Carmel Hospital, with over 1,000 hospital beds nearby, and the presence of over 2,000 hotel rooms to the north, ensures a substantial customer base. Furthermore, the property benefits from its proximity to more than 6 million square feet of office space within a 3-mile radius and is adjacent to a Platform 24 coworking center. Existing tenants include Amber Indian Restaurant and La Hacienda, providing established synergy and a thriving retail environment. The property's APN is 29-09-26-008-016.101-018. This is a rare opportunity to secure prime retail space in a high-growth area with excellent visibility and strong demographics. Specific available spaces include approximately 1,200, 2,950, and 3,209 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1601
- Latitude
- 39.9708
