990 Mitthoeffer Rd Indianapolis, IN 46239
- Retail properties
- 10,000 SF
- 1.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 990 Mitthoeffer Rd
- Year built
- 1981
- Lot size
- 1.50 lot acres
- Property size
- 10,000 SF
- Property type
- Retail properties
Description
This exceptional 10,000 square foot retail center, located at the signalized corner of 10th & Mitthoeffer, offers immediate occupancy in a thriving commercial area. The property boasts a prime location with nearly 40,000 cars passing daily, and benefits from a strong three-mile radius with an average household income of $65,000. The center features a dominant pylon sign and is anchored by established businesses including 21st Century Dental (a Heartland Dental unit with over 1,400 dentists nationwide), Dr. Tavel Family Eyecare (operating 26 offices in Indiana), and a recently opened Immediate Care center. The property is situated near a 1.5 million square foot Simon-owned Washington Square Mall, a regional shopping district, and a 14-screen Kerasotes Theater, ensuring high visibility and consistent foot traffic. Available spaces range from 1,250 to 2,500 contiguous square feet, with flexible options for expansion. Additionally, a half-acre outlot with corner access is available for lease or a custom build-to-suit, potentially adding up to 5,000 square feet with its own pylon sign. Future expansion opportunities exist with an adjacent 1.5 to 2 acres of land. The single-story building, constructed in 1981, sits on a 1.5-acre lot and is zoned C3. This property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a well-established commercial area. The property is comprised of eight suites in total.
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
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -85.9912
- Latitude
- 39.7819
