5049-5065 E 38th St | Indianapolis, IN 46218
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- LoopNet Team
5049-5065 E 38th St
Indianapolis, IN 46218
Dollar General Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Core Indianapolis Midwestern Market Experiencing Economic & Population Growth
- Hair Plus Beauty Supply Has Occupied Space For Over Thirty Years - Recently Extended Their Lease Until 2031
- Service Oriented Tenant Mix Catering to Neighborhood Convenience
- Dollar General Corporate Occupies Approximately 60% of Gross Leasable Area on a Long-Term Lease Through 2027 - Rental Increase Scheduled in 2023
- Located at a Heavily Traveled, Signalized Intersection - East 38th Street and Emerson Avenue Experiences Approximately 35,000 VPD
- Excellent Ingress/Egress, Frontage, and Visibility
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
15,431 SF
Building Class
C
Year Built/Renovated
1989/1992
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.12 AC
Zoning
C - Designates areas for commercial use, allowing businesses like shops, offices, and services, while limiting residential and industrial activities.
Parking
40 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 49-07-21-113-153.000-101 | Improvements Assessment | $352,800 |
| Land Assessment | $107,600 | Total Assessment | $460,400 |
PROPERTY TAXES
Parcel Number
49-07-21-113-153.000-101
Land Assessment
$107,600
Improvements Assessment
$352,800
Total Assessment
$460,400
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