Property summary
This exceptional retail opportunity presents a 4,000 square foot shopping center ideally situated at the corner of E. 38th St. and E. Whittier Place in Indianapolis, Indiana. The property, a Class C building constructed in 1968 and extensively renovated in 2014, offers two available suites. Each suite is divisible, with a minimum leasable area of 2,800 square feet and a maximum contiguous space of 1,200 square feet. Currently, the entire 4,000 square feet is vacant, presenting a unique chance for a single tenant or multiple occupants. The property boasts ample parking, a significant advantage for customers and employees. Its strategic location directly across the street from the Indianapolis Public Library on 38th Street ensures high visibility and foot traffic. Furthermore, its proximity to the Indianapolis International Airport (approximately 20 miles) adds to its appeal. Lease rates and terms are negotiable, making this a highly adaptable space for a variety of retail businesses. The property is located in Marion County, Indiana, with the address being 5417 E. 38th St., Indianapolis, IN 46218.
Property profile
VerifiedCap rate & NOI
Current use
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Nail Salon
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Hair Salon
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Hair Salon Nail Salon
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Barber Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INZoning
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