4250 W 38th St
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4250 W 38th St
9,600 SF Retail Building Indianapolis, IN 46254 For Sale
EXECUTIVE SUMMARY
4250 w 38th Street is a 9,600 square-foot retail building located within the Speedway submarket of Indianapolis. The Property is conveniently located at the intersection of 38th street and Lafayette Road , which offers access at a busy intersection of almost 56,000 cars daily. The building is 100% occupied. Overall, the building provides the savvy investor strong cash flow from a stabilized asset that will experience good rental growth and the exciting potential for redevelopment in a strong Indianapolis submarket.
Redevelopment or Value-Add Opportunity - The Property offers the zoning, size and location that would present a perfect redevelopment or value-add opportunity.
Heavy Traffic Intersection - The property sits next to an intersection of almost 56,000 cars daily
Owner Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner
Redevelopment or Value-Add Opportunity - The Property offers the zoning, size and location that would present a perfect redevelopment or value-add opportunity.
Heavy Traffic Intersection - The property sits next to an intersection of almost 56,000 cars daily
Owner Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,600 SF
Building Class
C
Year Built
1983
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.79 AC
Opportunity Zone
Yes
Zoning
C4
Parking
39 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
161 ft on W 38th St
AMENITIES
- 24 Hour Access
- Bus Route
- Dedicated Turn Lane
- Freeway Visibility
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Fully built-out auto garage with existing car lifts, large work benches, air compressors, and motorized garage doors.
| Space | Size | Space Use | Position | Available |
| 4250 | 9,600 SF | Retail | - | Now |
4250
| Size |
| 9,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
4250
| Size | 9,600 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Fully built-out auto garage with existing car lifts, large work benches, air compressors, and motorized garage doors.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-06-17-102-013.000-674 | Improvements Assessment | £85,494 |
| Land Assessment | £78,257 | Total Assessment | £163,751 |
PROPERTY TAXES
Parcel Number
49-06-17-102-013.000-674
Land Assessment
£78,257
Improvements Assessment
£85,494
Total Assessment
£163,751
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4250 W 38th St
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