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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

116th St & Spg Ml Rd Carmel, IN 46032

196,154 SF
Property ID
Property summary
AI-generated overview

The Bridges, located at the highly visible intersection of W. 116th Street & Spring Mill Road in Carmel, Indiana, presents a unique opportunity for retail businesses. This multi-tenant commercial property boasts a total building area of 196,154 square feet, situated on a 0.94-acre lot in Hamilton County. Currently, there is 1,582 square feet of vacant space available, ideal for a variety of retail uses. The property's prime location within the thriving Carmel market ensures high visibility and accessibility to a large customer base. The existing building offers ample space for multiple tenants, providing a dynamic and collaborative environment. The property's classification as both retail and land offers flexibility for potential expansion or redevelopment. The zip code is 46032. This is a rare opportunity to secure a prominent retail presence in one of Indiana's most desirable communities. The property's strategic location and substantial size make it an attractive investment for businesses seeking to establish or expand their operations in a high-growth market. The available space presents a chance to capitalize on the strong retail environment in Carmel. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Total area 196,154 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
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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