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Investment Highlights

  • This property is listed well below the $7,000,000 replacement cost.

Executive Summary

This multi-tenant retail shopping center presents an opportunity to acquire an established retail asset along Arlington Avenue on Indianapolis’ east side. The property consists of two single-story retail buildings with a substantial parking field, supporting customer convenience and tenant operations. Recent updates completed in 2017 complement the property's long-standing presence within the market and provide a foundation for continued occupancy and future improvements. The location benefits from direct frontage on Arlington Avenue and convenient access to Interstate 465 and other major transportation corridors serving the Indianapolis metropolitan area. The surrounding trade area includes established residential neighborhoods, national retailers, daily-needs businesses, and regional shopping destinations that contribute to consistent consumer activity. Indianapolis continues to serve as one of the Midwest's major employment and logistics hubs, supporting a diverse economic base and broad customer reach.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
56,000 SF
Building Class
C
Year Built
1980
Price
$5,291,766 CAD
Price Per SF
$94.50 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
4.58 AC
Zoning
C-4 - Commercial
Parking
125 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
445’ on Eastridge Dr

Amenities

  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 9,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 9,000 SF Retail - Now

1st Floor

Size
9,000 SF
Space Use
Retail
Position
-
Available
Now
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

MCL Restaurant & Bakery
Rent-A-Center
Wings Etc.
Texas Roadhouse
BMO
Buffalo Wild Wings
Chase Bank
PNC Bank
Huntington National Bank

Property Taxes

Property Taxes

Parcel Number
49-07-35-106-080.000-701
Land Assessment
$601,182 CAD
Improvements Assessment
$1,022,812 CAD
Total Assessment
$1,623,994 CAD
  • Listing ID: 39625511

  • Date on Market: 2026-03-02

  • Last Updated:

  • Address: 1107-1135 N Arlington Ave, Indianapolis, IN 46219

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