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3719-4959 W 38th St
Indianapolis, IN 46228
Georgetown Plaza · Property For Lease

Highlights

  • New owner as of December 2019
  • Patel Brothers Grocery opened in December of 2019
  • Property underwent a complete makeover in Spring/Summer of 2020
  • See Marketing Brochure for additional highlights

Property Facts

Center Type Neighborhood Center
Parking 542 Spaces
Stores 1
Center Properties 1
Frontage
Georgetown Rd
  • 1,003’ on W 38th St
Gross Leasable Area 111,600 SF
Total Land Area 9.55 AC
Year Built 1986

About the Property

Georgetown Plaza is a 111,600 s.f. neighborhood shopping center located at a signalized intersection on the southwest corner of West 38th Street and Georgetown Road. There are more than 300 foreign and ethnic diverse businesses creating an International Marketplace in this area of Indianapolis. The average vehicles per day along this stretch is 40,000. Paragon purchased this property in late November of 2019 and invested over $800,000 to renovate the center in the spring and summer of 2020. A complete roof replacement was completed the 3rd quarter of 2024. The entire gutter system will be replaced in 2025.

  • Pylon Sign
  • Signalized Intersection
  • Listing ID: 19300470

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 3719-4959 W 38th St, Indianapolis, IN 46228

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