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4555 N Shadeland Ave
Indianapolis, IN 46226
Walgreens | 7% Cap Rate | 7+ Years Left · Retail Property For Sale
Investment Highlights
- Low Price Point Compared to Average on Mkt Walgreens
- Major Metro Location with close Proximity to Downtown Indianapolis
- Attractive Rent PSF at $12.68 & Low Price Per Foot at $195
- Established Location with 29+ Years Operating History
- Long Lease Term Remaining: +/-7 Years Firm-Term Left on Lease on Recent 10 Year Lease Extension – Showing Commitment to Site
- Strong Demographics: 81,000 Residents within 3-mile Radius Provides Captive Consumer Base
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,000 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.44 AC
Zoning
ZO01 - Commercial Use
Parking
43 Spaces (3.14 Spaces per 1,000 SF Leased)
Frontage
314’ on Shadeland Avenue
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 49-07-13-123-001.000-400 | Improvements Assessment | $809,600 |
| Land Assessment | $362,800 | Total Assessment | $1,172,400 |
Property Taxes
Parcel Number
49-07-13-123-001.000-400
Land Assessment
$362,800
Improvements Assessment
$809,600
Total Assessment
$1,172,400
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