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5411 W Washington St 7,818 SF of Retail Space Available in Indianapolis, IN 46241
HIGHLIGHTS
- 7,818 square foot storefront retail space - end cap
- Drive-in loading door
- High traffic count on Washington Street, a thoroughfare through the city of Indy
- Adjacent to the Wayne Township Government Center and Fire Department
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5411 | 7,818 SF | 5-10 Years | $10.50 /SF/YR $0.88 /SF/MO $82,089 /YR $6,841 /MO | Triple Net (NNN) |
1st Floor, Ste 5411
- One 14'x14' drive-in door.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 5411 W WASHINGTON ST, INDIANAPOLIS, IN 46241
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Rent-a-center
- Rental Shop
- 3,244
- International
- Tacos Tierra Caliente
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Rent-a-center | Rental Shop | 3,244 | International |
| Tacos Tierra Caliente | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 7,818 SF | Gross Leasable Area | 13,799 SF |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Storefront | Parking Ratio | 1.45/1,000 SF |
| Total Space Available | 7,818 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,799 SF |
| Year Built | 1975 |
| Parking Ratio | 1.45/1,000 SF |
ABOUT THE PROPERTY
PROPERTY DESCRIPTION Welcome to 5411 W Washington St, Indianapolis, IN, 46241. This impressive 7,818 square foot storefront retail space offers a prime end cap location with high visibility, ensuring maximum exposure for your business. The property features a convenient drive-in loading door, making logistics effortless. With its proximity to the Wayne Township Government Center and Fire Department, this location offers a unique advantage. Benefit from the high traffic count on Washington Street, a major thoroughfare through the city of Indy. The modern construction and spacious layout make this an ideal opportunity for your retail or showroom needs. This versatile space is ready to bring your vision to life. LOCATION DESCRIPTION Located along the vibrant West Washington Street corridor, 5411 W Washington St offers excellent visibility and accessibility in Indianapolis’ west side. This prime location benefits from high traffic counts and close proximity to major thoroughfares, including I-465 and I-70, providing easy access to downtown Indianapolis and the airport. Surrounded by a mix of retail, restaurants, and residential neighborhoods, the property is ideal for businesses seeking strong community presence and convenience. Its strategic position along a well-traveled commercial corridor makes it a great opportunity for office, retail, or service-oriented uses.
- Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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5411 W Washington St
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