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Kia West 5336 W Pike Plaza Rd 50,124 SF Retail Building Indianapolis, IN 46254 For Sale
INVESTMENT HIGHLIGHTS
- Close Proximity to local Auctions
- Nearby Lafayette Square Mall future Re-Development
- Close Proximity to Interstate Access
EXECUTIVE SUMMARY
Exclusive Sale-Leaseback Opportunity: Prime Indianapolis Dealership with Body Shop & Expansive Land
This is a rare opportunity to acquire the real estate of a fully operational, turnkey dealership, complete with a fully functioning body shop, situated on a sprawling 7.73-acre parcel in one of Indianapolis’ most coveted locations. Centrally positioned near Downtown Indianapolis, the property offers exceptional accessibility, with close proximity to major interstate routes and key automotive industry hubs, including the Indianapolis Car Exchange, Kessler Schafer Auto Auction, and ADESA Auto Auction. These strategic advantages ensure a steady flow of buyers and sellers, solidifying the property as a premier destination for automotive operations.
Offering is for the real estate only, allowing the new owner to lease back the property under favorable terms. This sale-leaseback structure provides flexibility & stability, an ideal scenario for investors seeking a high-demand asset while maintaining business continuity for the current operation.
With a spacious 7.73 acres, the property offers ample room for future expansion or redevelopment, further enhancing its long-term value. Whether you’re looking to expand an existing operation, step into the automotive industry, or leverage the body shop for complementary services, this location is primed for success with minimal setup required.
PROPERTY HIGHLIGHTS
• Close Proximity to local Auctions
• Close Proximity to Interstate Access
• Nearby Lafayette Square Mall future Re-Development
• 7.73 acres zoned C5
This is a rare opportunity to acquire the real estate of a fully operational, turnkey dealership, complete with a fully functioning body shop, situated on a sprawling 7.73-acre parcel in one of Indianapolis’ most coveted locations. Centrally positioned near Downtown Indianapolis, the property offers exceptional accessibility, with close proximity to major interstate routes and key automotive industry hubs, including the Indianapolis Car Exchange, Kessler Schafer Auto Auction, and ADESA Auto Auction. These strategic advantages ensure a steady flow of buyers and sellers, solidifying the property as a premier destination for automotive operations.
Offering is for the real estate only, allowing the new owner to lease back the property under favorable terms. This sale-leaseback structure provides flexibility & stability, an ideal scenario for investors seeking a high-demand asset while maintaining business continuity for the current operation.
With a spacious 7.73 acres, the property offers ample room for future expansion or redevelopment, further enhancing its long-term value. Whether you’re looking to expand an existing operation, step into the automotive industry, or leverage the body shop for complementary services, this location is primed for success with minimal setup required.
PROPERTY HIGHLIGHTS
• Close Proximity to local Auctions
• Close Proximity to Interstate Access
• Nearby Lafayette Square Mall future Re-Development
• 7.73 acres zoned C5
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
50,124 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
7.73 AC
Opportunity Zone
Yes
Zoning
C5
Parking
300 Spaces (5.99 Spaces per 1,000 SF Leased)
Frontage
436’ on W Pike Plaza Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-05-13-129-003.000-674 | Improvements Assessment | $949,000 |
| Land Assessment | $555,800 | Total Assessment | $1,504,800 |
PROPERTY TAXES
Parcel Number
49-05-13-129-003.000-674
Land Assessment
$555,800
Improvements Assessment
$949,000
Total Assessment
$1,504,800
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