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    FOR LEASE
    Grocery and convenience stores

    5325 E Southport Rd, Indianapolis, IN 46237

    2,660 SF 26.42 ac lot Built 1996
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-0739304
    5325 E Southport Rd, Indianapolis, IN 46237 For Lease
    Contact for pricing
    5325 E Southport Rd, Indianapolis, IN 46237
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    Property summary
    AI-generated overview

    This exceptional retail leasing opportunity is located inside high-traffic Meijer stores across the Midwest. These prime, front-of-store spaces offer unparalleled visibility and access to thousands of weekly customers. The "Store-Within-A-Store" concept provides a range of benefits, including high-traffic locations strategically placed for maximum customer interaction. Leasing includes an all-inclusive monthly fee covering real estate taxes, property insurance, common area maintenance, and utilities. Interior and exterior signage opportunities are available for enhanced brand exposure. These spaces are situated in thriving trade areas with desirable demographics. Multiple vacancies exist in various Midwest Meijer locations. Ideal for businesses such as financial institutions, food and beverage vendors, service businesses, health and wellness providers, and more. This is a unique opportunity to position your business within one of the Midwest's most recognizable retail destinations. The available space totals 512 square feet and is located in Marion County. The tenancy is multiple. The property type is retail.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1996
    Construction TYPE NOT SPECIFIED
    Total area 2,660 SF
    Lot 26.42 ac (1,150,851 SF)
    Zoning code ZO01
    APN 49-15-15-102-009.000-300
    UPID US31-0739304
    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 Specialty Food Shop Supermarket
    • Coinstar Bank Credit Union
    • Meijer Pharmacy Pharmacy
    • ATM (Meijer) Atm
    • Bike Parking Bicycle Rack
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    National Retail Properties LP · 7 yrs held
    National Retail Properties LP
    since 2019
    3 recorded transactions
    2019
    2019
    2010
    Zoning & alternative use
    ZO01 · Indianapolis, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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