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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8130 Southport Rd Indianapolis, IN 46259

6,200 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 8130 E Southport Rd, Indianapolis, IN 46259, offers a unique investment opportunity. The 15-acre site features three existing buildings totaling 6,200 square feet, with 4,000 square feet currently vacant. Multiple tenancy options are available, ranging from 1,200 to 4,000 square feet in newly constructed outlot shops, anticipated for delivery in Q1 2023. Additional land parcels are available for development, ranging from 0.75 to 2.5 acres, with up to 15 acres potentially available for larger commercial projects. This prime location sits at the intersection of Southport Road and Franklin Road, boasting combined daily traffic of 24,428 vehicles. Its proximity to I-65 (4 miles) and its strategic placement within the rapidly expanding south side of Indianapolis, surrounded by residential areas, ensures high visibility and accessibility. The property benefits from its proximity to a newly opened 100,000 square foot Kroger Marketplace, serving as a significant anchor tenant within the larger 60-acre Johnson Fields multi-use planned development. This presents a compelling opportunity for businesses seeking high-traffic exposure in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kroger Grocery & Convenience Store Food Market
  • Starbucks Cafe & Coffee Shop
  • Kroger Pharmacy Pharmacy
  • Bike Parking Bicycle Rack
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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