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Broad Ripple Core Retail Assemblage 2 Retail Properties Offered at $2,940,555 CAD in Indianapolis, IN
Investment Highlights
- Prime Broad Ripple core location within a highly walkable retail corridor
- Multi-tenant commercial asset with stable in-place income
- 18 on-site parking spaces — rare for the submarket
- 2 contiguous parcels improved with 2 commercial buildings totaling ±7,680 SF
- Predominantly NNN lease structure
- C-4 commercial zoning allowing broad permitted uses
Executive Summary
902 & 908 E Westfield Blvd present a rare opportunity to acquire a multi-tenant retail assemblage in the heart of Broad Ripple, one of Indianapolis’ most walkable and established mixed-use corridors.
The offering consists of two contiguous parcels with two commercial buildings totaling ±7,680 SF, featuring a mix of street-level retail and second-floor office/creative space. The property is 100% occupied by three tenants under a predominantly NNN lease structure, providing stable in-place income with upside through rent growth.
The asset has seen ongoing capital improvements, including HVAC replacements between 2015–2025, reducing near-term capital needs.
Located adjacent to the Broad Ripple Canal and Monon Trail, the property benefits from strong foot traffic, visibility, and long-term desirability. The inclusion of 18 on-site parking spaces — a rare amenity in this submarket — further supports tenant demand and value.
With C-4 zoning and assemblage control, the property offers flexibility for cash-flow investors, value-add buyers, or long-term redevelopment.
The offering consists of two contiguous parcels with two commercial buildings totaling ±7,680 SF, featuring a mix of street-level retail and second-floor office/creative space. The property is 100% occupied by three tenants under a predominantly NNN lease structure, providing stable in-place income with upside through rent growth.
The asset has seen ongoing capital improvements, including HVAC replacements between 2015–2025, reducing near-term capital needs.
Located adjacent to the Broad Ripple Canal and Monon Trail, the property benefits from strong foot traffic, visibility, and long-term desirability. The inclusion of 18 on-site parking spaces — a rare amenity in this submarket — further supports tenant demand and value.
With C-4 zoning and assemblage control, the property offers flexibility for cash-flow investors, value-add buyers, or long-term redevelopment.
Data Room Click Here to Access
- Operating and Financials
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,940,555 CAD | Number of Properties | 2 |
| Price / SF | $382.88 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.01% | Total Building Size | 7,680 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.20 AC |
| Status | Active |
| Price | $2,940,555 CAD |
| Price / SF | $382.88 CAD / SF |
| Cap Rate | 7.01% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,680 SF |
| Total Land Area | 0.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 902 E Westfield Blvd, Indianapolis, IN 46220 | Retail | 4,680 SF | 1870 | - |
| 908 Westfield Blvd, Indianapolis, IN 46220 | Retail | 3,000 SF | 1998 | - |
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Broad Ripple Core Retail Assemblage
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