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Southern Plaza 4200 S East St 929 - 16,753 SF of Space Available in Indianapolis, IN 46227
HIGHLIGHTS
- Southern Plaza is a 267,652 SF shopping center anchored by a 59,520 SF Kroger grocery store.
- Situated at the intersection of East Street and Hanna Avenue, with combined traffic counts of over 36,000 VPD
- Located in a dense and growing market approximately 5 miles south of downtown Indianapolis.
- Within a 5-mile radius of the property, the population is over 212,000 people with an average household income over $63,000.
SPACE AVAILABILITY (7)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 01 | 929 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 05 | 1,392 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 12B | 5,993 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 15 | 3,550 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 28 | 3,029 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 47 | 930 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 48 | 930 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
4200 S East St - 1st Floor - Ste 01
Corner end space.
- Highly Desirable End Cap Space
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 05
Located in a busy commercial zone with thousands of daily vehicle impressions and pedestrian activity.
- Fully Built-Out as Financial Services Office
- Located in-line with other retail
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 12B
Located between Harbor Freight and Gilvin's Boots.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 15
Located next to Comdent Dental
- Open Floor Plan Layout
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 28
Located next to Rue 21.
- Located in-line with other retail
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 47
End cap next to Kroger.
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 1,860 SF of adjacent space
- Situated on South East Street (US-31)
4200 S East St - 1st Floor - Ste 48
End cap next to Kroger.
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 1,860 SF of adjacent space
- Situated on South East Street (US-31)
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SOUTHERN PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Goodwill
- Dollar/Variety/Thrift
- 5,431
- International
- Harbor Freight Tools
- Hardware
- 1,847
- National
- Kroger
- Supermarket
- 1,866
- National
- QDOBA
- Fast-food
- 1,037
- International
- Rent-A-Center
- Rental Shop
- 3,244
- International
- Ross Dress for Less
- Other Retail
- 2,192
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Goodwill | Dollar/Variety/Thrift | 5,431 | International |
| Harbor Freight Tools | Hardware | 1,847 | National |
| Kroger | Supermarket | 1,866 | National |
| QDOBA | Fast-food | 1,037 | International |
| Rent-A-Center | Rental Shop | 3,244 | International |
| Ross Dress for Less | Other Retail | 2,192 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Southern Plaza offers a fantastic retail experience to shoppers and tenants alike. This 267,652 SF shopping center is anchored by a 59,520 SF Kroger grocery store. The neighborhood shopping center is located at the southern regional quadrant of Indianapolis, IN, situated at the popular corner of I-465 and US 31 (East Street). Thousands of vehicle travel through the intersection each day and the Kroger grocery store drives consistent visits to the center for daily needs. Southern Plaza boasts a well-established, diverse tenant mix that brings frequent traffic to the center. Their high quality tenant roster includes Ross, Burlington, Hibbett Sports, Harbor Freight, Oak Street Health, Goodwill, Qdoba, BMO Bank, Sally Beauty and many more. The local population combined with 156,000 daytime employees make up a total consumer spending of $2.2 billion, the the majority of the expenditures centered around food, alcohol and entertainment.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Southern Plaza | 4200 S East St
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