4875 56th St Indianapolis, IN 46254-1499
Georgetown Commons offers a prime retail opportunity in a thriving Marion County location. This Class A, single-story, 10,200 square foot strip center, built in 2004, boasts excellent visibility and accessibility at the intersection of 56th Street and Georgetown Road. The property is zoned C-3 and features eight suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,200 square feet. Currently, one 1,200 square foot space is available for lease. This unit includes a private bathroom and a private back room, providing ample space for a variety of retail businesses. The center enjoys high traffic counts due to its strategic location near major retailers such as AutoZone, Walgreens, CVS, Chase Bank, PNC Bank, Wingstop, McDonald's, and Burger King, ensuring strong customer visibility and foot traffic. The property is owner-managed, offering a streamlined and responsive management experience. This is an exceptional opportunity for a retailer seeking a well-located, high-visibility space in a busy commercial area. The space is ready for immediate occupancy.
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Famous Steak & Lemonade Restaurant
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Tobacco World 56th (Bike/Boat/Book/etc) Store
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Bank of America ATM Atm
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PROSTAR Employment Agency
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Georgetown Shoppes Shopping Center & Mall
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, INIndianapolis. Always verify with local authorities before improvements.
Costs & 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.