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Valley Ridge Shops | Indianapolis, IN 5220 E Southport Rd 13,842 SF 100% Leased Retail Building Indianapolis, IN 46237 $4,894,133 CAD ($353.57 CAD/SF) 6.85% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Occupied, 13,842 Square-Foot, Multi-Tenant Retail Center in a High-Traffic Commercial Corridor
- Low Replaceable Rents: Average Rent per Square Foot Is $17.10, Which Is Below Market for This Retail Corridor
- Notable Anchor Tenants Nearby Include Meijer, Aldi, Menards, Target, Home Depot, and Kohl’s
- 100% Internet-Resistant Tenancy: Food, Beauty Services, and Financial Services
- Nearby Traffic Counts Are in Excess of 65,000 CPD at Emerson and Southport Road
- Dense, Affluent Demographics: Indianapolis MSA Has a Population in Excess of 2 Million People
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Burnt Out Baker
- -
- -
- -
- -
- Jul 2026
- Eye Lash
- -
- -
- -
- Triple Net
- -
MidCountry Bank is a full-service bank headquartered in Bloomington, MN. Their 13 branch locations are actively engaged in their communities to provide high quality, diversified financial services and solutions to customers to meet their personal, business and professional banking needs. Their extensive scope of banking, cash management, equipment leasing, mortgage, insurance and investment products, tools and services makes them a solid financial ally. Innovative ideas and investing in technology keeps MidCountry Bank moving forward to continually serve customers in the best possible way. MidCountry Bank’s products and services empower customers to bank how, when, and where they choose.
- Hot Box Pizza
- Retailer
- -
- $18.01 CAD
- Triple Net
- Mar 2026
- Longardner Investments, Inc
- -
- -
- -
- -
- -
Orangetheory is an all-in-one, dynamic blend of strength and cardio training that supercharges metabolism to burn more calories and build lean muscle. Their coaches guide people through science-backed workouts designed for all fitness levels. And with OTconnectTM, data is captured in real time to track progress and celebrate the wins. Unlike high-intensity training (HIIT), Orangetheory uses variable-intensity intervals that work for a much broader range of fitness levels. With expert guidance from a triple-certified coach and real-time data from OTconnectTM, it feels like a very personalized experience: People will quickly figure out what’s working for them — when to push and when to ease off to recover.
- Skin Renew
- Services
- -
- $22.18 CAD
- Triple Net
- Sep 2025
- Whiskey Business
- Services
- -
- -
- -
- May 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Burnt Out Baker | - | - | - | - | Jul 2026 | |
| Eye Lash | - | - | - | Triple Net | - | |
|
Finance and Insurance | - | $23.44 CAD | Triple Net | Jan 2022 | |
| Hot Box Pizza | Retailer | - | $18.01 CAD | Triple Net | Mar 2026 | |
| Longardner Investments, Inc | - | - | - | - | - | |
|
Arts, Entertainment, and Recreation | - | - | - | - | |
| Skin Renew | Services | - | $22.18 CAD | Triple Net | Sep 2025 | |
| Whiskey Business | Services | - | - | - | May 2025 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-15-10-110-006.000-300 | Improvements Assessment | $981,448 CAD |
| Land Assessment | $607,511 CAD | Total Assessment | $1,588,959 CAD |
PROPERTY TAXES
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Valley Ridge Shops | Indianapolis, IN | 5220 E Southport Rd
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