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Southport Village Center 7021-7025 S Madison Ave 10,515 SF 100% Leased Retail Building Indianapolis, IN 46227 $2,040,000 ($194.01/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied 10,515 SF Strip Center Positioned Along Madison Avenue – High-Traffic Corridor Through Southport
- Located at Hard Corner of Madison Ave and E Southport Rd Seeing 48,000 VPD Combined
- Grocery Store Renewed a Year Early on a 10-Year Lease
- Landlord-Favorable Structure with NNN Lease – Tenants Responsible for Taxes, Insurance & CAM
- Dense Demographics with 214,000+ Residents Within 5 Miles $83,500 Avg. HH Income
- New Roof in 2025 on Entire Building with 15 Year Warranty
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Jordan's fish and Chicken
- Accommodation and Food Services
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- Triple Net
- Jul 2019
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- Manufacturing
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The Miamisburg branch of PPG Paints is a corporate-owned retail location specializing in professional-grade architectural coatings, stains, sealants, and painting supplies. Located at 2117 Lyons Rd in Miamisburg, Ohio, this store serves both contractors and do-it-yourself customers, offering on-site technical assistance and color matching. It operates standard business hours 7?AM–5?PM weekdays, 8?AM–12?PM Saturdays and provides services like paint mixing and pro tools. As part of PPG Paints—a division of multinational PPG Industries founded in 1883—this branch is integrated into a global coatings network but does not have its own independent legal status. It operates under the publicly traded parent company, retaining corporate branding, systems, and inventory support.
- Southport Village Center
- Real Estate
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Jordan's fish and Chicken | Accommodation and Food Services | - | - | Triple Net | Jul 2019 | |
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Manufacturing | - | - | - | - | |
| Southport Village Center | Real Estate | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-15-18-141-007.000-513 | Improvements Assessment | $128,300 |
| Land Assessment | $143,200 | Total Assessment | $271,500 |
PROPERTY TAXES
