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Property profile & analytics
FOR LEASE
Warehouses

11351 E Washington St Indianapolis, IN 46229

29.49 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
Property ID
US31-0427040
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces within a high-traffic Meijer store in Indianapolis, Indiana, at 11351 E Washington St, zip code 46229. The spaces range from 350 to 506 square feet, with a total of 856 square feet currently vacant. These prime, front-of-store locations offer unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities, simplifying operational costs. Benefit from strategic placement for maximum customer interaction and leverage Meijer's established customer base to drive business growth. Branding opportunities include both interior and exterior signage. This location is situated in a thriving trade area with a desirable customer demographic. The property is ideal for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This "store-within-a-store" concept offers a unique opportunity to establish a presence in a well-known Midwest retail destination.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1995
Construction TYPE NOT SPECIFIED
Lot 29.49 ac (1,284,584 SF)
Zoning code ZO01
APN 49-09-03-124-002.000-700
UPID US31-0427040
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
  • Meijer Pharmacy Pharmacy
  • Meijer Specialty Food Shop Supermarket
  • Electrify America Charging Station Meijer - 240146 Electric Vehicle Charging Station
  • Coinstar Bank Credit Union
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MEIJER STORES
MEIJER STORES
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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