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- LoopNet Team
4302 S East St
Indianapolis, IN 46227
Former Steak & Ale Restaurant · Property For Lease
Property Facts
| Property Type | Retail | Year Built | 1974 |
| Gross Leasable Area | 6,936 SF | Parking Ratio | 6.49/1,000 SF |
| Total Land Area | 0.87 AC |
| Property Type | Retail |
| Gross Leasable Area | 6,936 SF |
| Total Land Area | 0.87 AC |
| Year Built | 1974 |
| Parking Ratio | 6.49/1,000 SF |
About the Property
This is a former Steak and Ale restaurant, purpose built family dining building (6,771 ft). Drive by traffic to the very popular IMAX theatre is generous. It's convenient to access for I-465 interstate Recent improvements include, parking lot, New PVC roof, landscape, New Roof Top Units and more. W are offering this property at a extremely aggressive price to the right tenant (must qualify). The price starts at 2.00 per square ft (NNN). This property has sold in recent years for well over 1.2 million. The normal rent rate is 7.00 per square foot (NNN). Ideally we are looking for a long term lease with a well qualified company with a solid business history and renovation plan. next to IMAX theatre and southern plaza on Indy's near south side. next to US 31 and I-465 interstate.96,000 Vehicles pass the property. suited well for any type of restraunt business especially steak n beer or high end Mexican , 70 plus parking spots (21,000+/- sq ft), ample lighting and traffic.
- Security System
- Signage
