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Investment Highlights

  • 100% Occupied, Daily Needs Retail Center: Little Caesars: Original Tenant in the Shopping Center Since 2010
  • Only Traditional Grocery Store Within a 3-Mile Radius, Serving as a Dominant Traffic Driver
  • Exceptional Highway Accessibility: Situated Just Over a Mile from I-70, One of Indiana’s Busiest Commuter Routes, with 55,000 Vehicles per Day
  • Pad to Kroger-Anchored Shopping Center: Kroger Is the 4th Largest Retailer in the World, with 2,873 Locations
  • High-Visibility in Dense Retail Corridor: Prime Intersection Location
  • Proximity to Downtown Indianapolis: Subject property is located less than 3 miles from downtown Indianapolis

Executive Summary

Pad to Kroger | 100% Occupied Retail Center | Excellent Visibility in Dense Area

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,209 SF
Building Class
C
Year Built
1985
Price
$1,646,000
Price Per SF
$265.10
Cap Rate
8%
NOI
$131,680
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Zoning
C-4 - Commercial
Parking
20 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
167’ on E 10th St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -
  • -

Advance America began in 1997 as a consumer lender focused on short-term credit products and has grown into a business built around fast access to funds for everyday financial needs. The company offers payday loans, installment loans, cash advances, personal lines of credit, and related money services through online channels and a broad store network. The company is a licensed lender serving customers across multiple states and provides online and in-store lending options.

  • Eyes By India
  • Services
  • -
  • -
  • -
  • -
  • I India
  • Services
  • -
  • $22.00
  • Triple Net
  • Apr 2019
  • Accommodation and Food Services
  • -
  • $11.20
  • Triple Net
  • Aug 2015

Little Caesars began in 1959 when Mike and Marian Ilitch opened a family-owned pizza restaurant in Michigan, establishing the business that grew into Little Caesar Enterprises. The company operates a pizza restaurant chain built around carryout service and franchising, with a business model centered on simple restaurant execution and expansion through franchise ownership. Little Caesars has grown beyond its U.S. origins into a broad restaurant network with a presence across the United States and in international markets. The company provides franchise development support and related operational materials for prospective and existing operators.

  • Min Xiu Indiana LLC
  • Public Administration
  • -
  • -
  • -
  • -
  • TC Wireless
  • Information
  • -
  • $22.00
  • Triple Net
  • Apr 2019
  • Vaden's Firearms & Ammunition
  • Retailer
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance - - - -
Eyes By India Services - - - -
I India Services - $22.00 Triple Net Apr 2019
Accommodation and Food Services - $11.20 Triple Net Aug 2015
Min Xiu Indiana LLC Public Administration - - - -
TC Wireless Information - $22.00 Triple Net Apr 2019
Vaden's Firearms & Ammunition Retailer - - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Kroger
Bank of America
PNC Bank
Bank of America Mortgage
Chase Bank

Property Taxes

Property Taxes

Parcel Number
49-10-04-110-007.000-101
Land Assessment
$51,800
Improvements Assessment
$337,100
Total Assessment
$388,900
  • Listing ID: 40047768

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 4477-4485 E 10th St, Indianapolis, IN 46201

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