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Southport Village Center 7021-7025 S Madison Ave 10,515 SF 100% Leased Retail Building Indianapolis, IN 46227 $2,841,924 CAD ($270.27 CAD/SF) 8% Cap Rate
Investment Highlights
- 100% Occupied 10,515 SF Strip Center Positioned Along Madison Avenue – High-Traffic Corridor Through Southport
- Located at Hard Corner of Madison Ave and E Southport Rd Seeing 48,000 VPD Combined
- Grocery Store Renewed a Year Early on a 10-Year Lease
- Landlord-Favorable Structure with NNN Lease – Tenants Responsible for Taxes, Insurance & CAM
- Dense Demographics with 214,000+ Residents Within 5 Miles $83,500 Avg. HH Income
- New Roof in 2025 on Entire Building with 15 Year Warranty
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jordan's fish and Chicken
- Accommodation and Food Services
- -
- -
- Triple Net
- Jul 2019
-
- Manufacturing
- -
- -
- -
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The Pittsburgh Paints Company traces its roots to PPG's original Pittsburgh Paints brand and to a business history that began in 1883, with the name now returned as part of a broader rebrand after PPG sold its U.S. and Canada architectural coatings business to American Industrial Partners. The company focuses on interior and exterior paints, stains, primers, caulks, repair products, adhesives, sealants, and industrial protective coatings, serving professional painters, contractors, design professionals, and related building markets. Pittsburgh Paints markets a wide portfolio of well-known brands across retail, trade, and specialty channels, including products for architectural and industrial applications.
- Southport Village Center
- Real Estate
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jordan's fish and Chicken | Accommodation and Food Services | - | - | Triple Net | Jul 2019 | |
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Manufacturing | - | - | - | - | |
| Southport Village Center | Real Estate | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-15-18-141-007.000-513 | Improvements Assessment | $216,906 CAD |
| Land Assessment | $199,492 CAD | Total Assessment | $416,398 CAD |
Property Taxes
Presented by
Southport Village Center | 7021-7025 S Madison Ave
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