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Property profile & analytics
FOR LEASE
Strip malls

5845 Sunnyside Rd Indianapolis, IN 46236

16,811 SF 2.48 ac lot Built 2003
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1071427
Property summary
AI-generated overview

Sunnyside Shoppes, a 14,362 square foot retail shopping center in Marion County, Indiana, presents a unique investment opportunity. Currently fully vacant, this property offers five available spaces ranging from 1,469 to 4,093 contiguous square feet, with a maximum of 4,093 square feet available in a single lease. Situated on a 0.44-acre lot, the center enjoys a high-traffic location at the intersection of Pendleton Pike and Sunnyside Road, boasting over 42,000 vehicles passing daily. Its strategic position serves the thriving communities of Lawrence, Geist, and McCordsville, benefiting from excellent visibility and ample parking. The center is anchored by major retailers Kroger and Kohl's, solidifying its position within a strong community center. This property offers exceptional potential for retail businesses seeking exposure to a dense population base in a prime Northeast Indianapolis location. The available spaces are ideal for small shops and outlots, providing flexibility for various retail concepts. The property's location on a major retail corridor ensures high foot traffic and visibility, making it an attractive investment for businesses seeking a strong presence in this growing market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction TYPE NOT SPECIFIED
Total area 16,811 SF
Lot 2.48 ac (107,942 SF)
Zoning code ZO01
APN 49-08-03-113-008.000-407
UPID US31-1071427
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
  • Golden Insurance and DOT Services Financial Advisor Insurance Agency
  • Golden Lab Service Occupational Safety And Health Skin Care Clinic
  • Cato Fashions Clothing & Fashion Store
  • Summit Staffing Employment Agency
  • Loving Hands Childcare Ministries Daycare Center
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
Sunnyside Shoppes LLC · 6 yrs held
Sunnyside Shoppes LLC
since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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