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Property profile & analytics
OFF-MARKET
Lifestyle centers

1095 Broad Ripple Ave Indianapolis, IN 46220

Property ID
Property summary
AI-generated overview

Broad Ripple Station offers a unique retail investment opportunity in the heart of Indianapolis' vibrant Broad Ripple Village. This multi-tenant property comprises two buildings totaling sixteen suites, providing flexible space options ranging from 1,600 to 12,900 contiguous square feet. The property's strategic location offers exceptional visibility and accessibility, situated directly adjacent to the popular Monon Trail, a 26-mile multi-use path boasting 1.5 million annual visits. Its proximity to the new RiverWalk, an off-street bike and pedestrian trail connecting the Monon Trail to Broad Ripple Park, further enhances its appeal to pedestrians and cyclists. The surrounding area is experiencing significant growth, with thousands of new apartments and office redevelopment projects underway, creating a dynamic and expanding trade area. Broad Ripple Village itself is renowned for its eclectic mix of independent restaurants, bars, brewpubs, galleries, and trendy shops, ensuring a high volume of foot traffic and a strong customer base. A significant advantage is the availability of 228 dedicated surface parking spaces, a rare commodity in this highly desirable location. This property presents a compelling opportunity for businesses seeking a prominent presence in one of Indianapolis' most sought-after retail districts. The flexible suite sizes cater to a wide range of retail concepts, from small boutiques to larger restaurants or service businesses. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Lifestyle centers
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
  • Fox Family Medicine Medical Clinic
  • Kathryn Borowy, NP Physician
  • Chelsea Workman Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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