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Property profile & analytics
FOR LEASE
Grocery and convenience stores

6925 S Franklin Rd Indianapolis, IN 46259

4,328 SF 3 ac lot Built 2015
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-3016579
Property summary
AI-generated overview

This newly constructed, Class A retail center in Indianapolis, Indiana totals 10,800 square feet and features three available suites ranging from 1,800 square feet to a total of 5,400 square feet. Located at the northeast corner of Southport Road and Franklin Road in Marion County, this property boasts a prime location within Franklin Township, offering excellent visibility and accessibility. The center is situated near Franklin Central High School and five elementary schools, ensuring a strong daily traffic flow. Existing tenants include Cold Stone Creamery, Magoo's Pizza, and Fashion Nail Spa, creating a vibrant and attractive retail environment. The property offers pylon signage opportunities and features a white-box delivery, allowing for customizable build-outs. The lot size is one acre, and the building, constructed in 2023, is a single-story structure with no elevators. The zoning is Commercial Retail (APN: 49-16-07-105-010.000-300). Lease rates are $28.00-$32.00 per square foot, NNN. Strong demographics and high average household income in the area make this an exceptional investment opportunity.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2015
Construction TYPE NOT SPECIFIED
Total area 4,328 SF
Lot 3 ac (130,680 SF)
Zoning code ZO01
APN 49-16-07-105-010.000-300
UPID US31-3016579
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
  • Godfather's Pizza Express Take-out & Catering
  • Charley Biggs Chicken Restaurant Take-out & Catering
  • Hunt brother pizza Restaurant
  • LibertyX Bitcoin ATM Atm
  • Shell Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Aj Partnership INC · 2 yrs held
Aj Partnership INC
since 2023
2 recorded transactions
2023
Price N/A
2021
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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