Overview

Highlights

• High Traffic Exposure: Over 24,000 vehicles per day on N. Shadeland Avenue and over 23,000 vehicles per day on E. 46th Street.
• Strategic Location: Situated just west of I-465, a major highway with a traffic volume of 18,751 vehicles per day, providing easy access to the property.
• Corner Lot Advantage: Prominent frontage with 391 feet on E. 45th Street and 212 feet on N. Shadeland Ave., ensuring excellent visibility from multiple directions.
• Dense Residential Area: Surrounded by densely populated neighborhoods, with 211,839 residents within a 5-mile radius.
• Retail Corridor: Located in a well-established retail corridor, with nearby tenants including national brands like Walgreens, Pizza Hut, and Family Dollar.
• Proximity to Amenities: Nearest grocery store is 1.6 miles away

Description

Introducing a prime investment opportunity in the heart of the Indianapolis area. This free-standing retail building boasts exceptional advantages, including high traffic exposure with over 24,000 vehicles per day on N. Shadeland Avenue and over 23,000 vehicles per day on E. 46th Street. Strategically situated just west of I-465, the property offers easy access and outstanding visibility with prominent frontage on E. 45th Street and N. Shadeland Avenue. Surrounded by a dense residential area and located within a well-established retail corridor, this property is positioned for success. With national retailers like Walgreens, Pizza Hut, and Family Dollar in the vicinity, and amenities just a short distance away, this location presents a compelling opportunity for retail investors.

Location

Located in Indianapolis, one of the fastest-growing cities in the Midwest, the property is positioned within a thriving retail market. The area benefits from high visibility and accessibility near major thoroughfares, including I-465 and Shadeland Avenue, providing convenient connections to the broader Indianapolis metro area. Nearby retail destinations such as Castleton Square Mall and Washington Square Mall, as well as national retailers, drive consistent consumer traffic. The property is also within close proximity to densely populated residential neighborhoods and community hubs, such as Fort Harrison State Park, making it an attractive location for retail tenants. Indianapolis’ pro-business climate and robust economy make this a prime opportunity for investors in single-tenant retail properties.

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