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Property summary
Southport Plaza offers a prime retail opportunity in Indianapolis, Indiana, with 6,400 square feet of vacant space. This multi-tenant shopping center is strategically located at 7565 US 31 S, in Marion County, zip code 46227, providing excellent visibility and accessibility. The property boasts multiple access points to both US 31 and Shelby Street, ensuring high traffic flow. This location benefits from a strong trade area encompassing Southport, Greenwood, and Indianapolis, drawing customers from a wide geographic area. The property enjoys a robust mix of co-tenants, including established retailers such as Bob's Discount Furniture, Shoe Carnival, Petco, and Leslie's Pool Supplies. The surrounding area features a dense concentration of major retailers, including Wal-Mart Supercenter, Burlington Coat Factory, At Home, Room Place, Fresh Thyme Farmers Market, Hobby Lobby, Michael's, TJ Maxx, ULTA, Dick's Sporting Goods, Macy's, JCPenney, Best Buy, and Kohl's, creating a synergistic retail environment. The high traffic count of 71,846 vehicles daily on US 31 and Shelby Street provides exceptional exposure for potential tenants. This last remaining space of 6,152 square feet presents a unique opportunity to establish a thriving business within a well-established and successful retail center.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
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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