2222 Southport Rd Indianapolis, IN 46217-9426
This exceptional 16,409 square foot retail center, built in 2007, is situated on a 1.92-acre lot in Indianapolis, Marion County, Indiana (zip code 46217). The property boasts a highly desirable location at 2222 W Southport Rd, offering excellent visibility and accessibility. Currently, three spaces are available, ranging from 1,326 to 2,058 square feet, perfect for a variety of retail businesses. The center benefits from its proximity to major thoroughfares, including I-465 (just 2.4 miles south, exit 4) and US-37 South, which boasts over 36,000 vehicles daily. The intersection of I-465 and US-37, just north of the property, sees nearly 110,000 vehicles per day, ensuring high traffic volume and excellent exposure for tenants. This area is characterized by low vacancy rates due to high demand, making it an ideal location for business ownership and operation. The property is conveniently located approximately 20 minutes from downtown Indianapolis. This is a rare opportunity to acquire a well-established retail center in a thriving market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.