Available For Sale - Retail

56,556 SF

Download Brochure

AVAILABILITY DETAILS

Size
56,556 SF
Price/SF
N/A - Contact for Info
Listing ID
SA407350
Notes
We are pleased to present Arlington Square located in Indianapolis, Indiana. The subject property is a 56,556-square-foot, 100% percent occupied community shopping center built in 1974 situated on 5.356 acres in recent renovations. Demographics are stable and mature, with an estimated 91,243 residents within three miles and 261,858 residents within five miles. There are Prominent retailers in the immediate vicinity, along with a serval multifamily complexes that surround the center. Indianapolis is the most populous city in the U.S. state of Indiana and the seat of Marion County. According to 2018 estimates from the U.S. Census Bureau, the consolidated population of Indianapolis and Marion County was 876,862



INVESTMENT OVERVIEW

Property Highlights

• Upside Potential with Below Market Rents

• 100% Occupied with internet resistant Tenants

• Near I-465 Highway Exit

• Adjacent to Wal-Mart Supercenter, Ross, Walgreens, At Home, & Studio

Movie Grill.

• Strong retail Corridor Location with High Barriers to Entry

• Strong Traffic Counts: 21,583 Cars/Day

• Average Household Income: $50,677 (5 Miles)

• 234,029 People within 5 Miles
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jennifer Stein, JDS Real Estate Services Inc