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Property profile & analytics
FOR LEASE
Grocery and convenience stores

7201 Pendleton Pike Indianapolis, IN 46226

828 SF 12.29 ac lot Built 2001
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1006393
Property summary
AI-generated overview

Pendleton Plaza, located at 7201 Pendleton Pike in Indianapolis, Indiana, offers exceptional retail opportunities. This multi-tenant property boasts a total of 134,797 square feet, with 48,977 square feet currently vacant. Six spaces are immediately available, ranging from a minimum of 2,400 square feet to a maximum contiguous space of 22,537 square feet. The property is zoned C4 and SU1, providing flexibility for a variety of retail uses. Ample parking is available with a 950-space lot, offering a 7:1 ratio. Pendleton Plaza enjoys a highly desirable location with convenient access to major thoroughfares including I-465, I-70, and I-69, as well as the Shadeland Avenue industrial corridor. This strategic location ensures high visibility and accessibility for businesses. A significant anchor tenant, O'Reilly Auto Parts, will soon occupy a 30,049 square foot space, further enhancing the property's appeal and drawing significant traffic. The property is situated in Marion County, Indiana, with a zip code of 46226. This presents a unique chance to establish a presence in a thriving retail area with strong infrastructure and high traffic volume. Contact us today to learn more about the available spaces and leasing options.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 828 SF
Lot 12.29 ac (535,309 SF)
APN 49-07-13-106-005.000-401
UPID US31-1006393
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
  • Bank of America ATM (Drive-thru) Financial Consultant Financial Planner
  • James H. Taber, RPh Pharmacy
  • Roses Flooring and Furniture Furniture & Home Goods Home Decor Store
  • maxway Department Store
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
Relp Pendleton LLC · 6 yrs held
Relp Pendleton LLC
since 2019
4 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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