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EXECUTIVE SUMMARY
100% occupied grocery anchored retail center with a national tenant line up that includes Dollar Tree and Rent A Center along with several local and regional tenants with some dating back to the center since the 1980’s
New long term anchor lease with Los Paisanos Supermarket thru April 2035 bringing stability and traffic flow to the center
Infill location with over 88,000 people within a 3- mile radius. Nearby retailers include Kroger, Ross, Aldi, Walgreens, CVS, Autozone, O’Reilly and Ace
Property benefits from excellent visibility on the highly trafficked E. 10th Street and Arlington Ave with combined traffic counts of 38,000+ VPD
The Dollar Tree and Rent A Center are attracting customers from over 5 miles away (ADVAN)
Property is conveniently located within a 15-minute drive to the Indianapolis Regional Airport and a 23- minute drive to the Indianapolis International Airport
New long term anchor lease with Los Paisanos Supermarket thru April 2035 bringing stability and traffic flow to the center
Infill location with over 88,000 people within a 3- mile radius. Nearby retailers include Kroger, Ross, Aldi, Walgreens, CVS, Autozone, O’Reilly and Ace
Property benefits from excellent visibility on the highly trafficked E. 10th Street and Arlington Ave with combined traffic counts of 38,000+ VPD
The Dollar Tree and Rent A Center are attracting customers from over 5 miles away (ADVAN)
Property is conveniently located within a 15-minute drive to the Indianapolis Regional Airport and a 23- minute drive to the Indianapolis International Airport
PROPERTY FACTS
| Price | $7,401,083 CAD | Number of Properties | 2 |
| Price / SF | $106.89 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9.50% | Total Building Size | 69,239 SF |
| Sale Type | Investment | Total Land Area | 5.05 AC |
| Status | Active |
| Price | $7,401,083 CAD |
| Price / SF | $106.89 CAD / SF |
| Cap Rate | 9.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 69,239 SF |
| Total Land Area | 5.05 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5914-6000 E 10th St, Indianapolis, IN 46219 | Retail | 54,185 SF | 1980 | - |
| 1005-1029 N Arlington Ave, Indianapolis, IN 46219 | Retail | 15,054 SF | 1968 | - |
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