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5675 Michigan Rd
Indianapolis, IN 46228
Former Walgreens · Retail Property For Sale

Investment Highlights

  • The Property Features a Functional Building Design With Drive-Thru, Allowing For a Variety of Uses
  • Situated on a Major North-South Commuter Thoroughfare in North Indianapolis With 4 Lanes and Multiple Public Transit Stops
  • Highly Visible Retail Location With a Combined Traffic Count of More than 36,000 VPD
  • Desirable Infill Demographic Profile With Over 82,274 Residents Within a 3-Mile Radius Making an Average Household Income of Over $89,129
  • Peyton Manning Children's Hospital at St. Vincent is Less Than 5-Miles From the Property
  • Butler University College of Pharmacy and Health Sciences is Approximately 3-Miles From the Property

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
13,000 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.67 AC
Zoning
Commercial
Frontage
174’ on Michigan Rd

Amenities

  • Pylon Sign
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
49-06-03-115-005.000-800
Land Assessment
$333,200
Improvements Assessment
$790,400
Total Assessment
$1,123,600
  • Listing ID: 28317034

  • Date on Market: 4/25/2023

  • Last Updated:

  • Address: 5675 Michigan Rd, Indianapolis, IN 46228

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