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902 E Hanna Ave
Indianapolis, IN 46227
New Small Format 10yr Corp Walgreens · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
2,300 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.72 AC

ABOUT 902 E HANNA AVE , INDIANAPOLIS, IN 46227

The property is conveniently located on East Hanna Avenue, with excellent visibility and access to 17,052 vehicles per day directly in front of the property, 22,280 vehicles per day on South East Street, and 11,139 vehicles per day on Madison Avenue. Visibility is increased by the site’s location at the confluence of three highly trafficked thoroughfares (Interstate 65, Interstate 70, and Interstate 74). The property is centralized in a dense retail corridor and is within five miles of five major shopping centers with a combined 2 million SF of retail space and 226 stores, including three Walmart locations. Other major tenants near the site include Taco Bell, Pizza Hut, Office Depot, Steak ‘n Shake, Papa John’s Pizza, Burlington, Arby’s, Subway, KFC, Kroger, and more. The location benefits from its proximity to large schools, as it resides minutes from the University of Indianapolis (5,500+ students), Southport High School (2,100+ students), and Roncalli High School (1,200+ students). The site is five miles from Lucas Oil Stadium, home of the Indianapolis Colts (estimated $286 million annual economic impact). Additionally, the property is bordered by highly-populated neighborhoods, with 216,921 residents living within a five-mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-11-25-106-014.000-570
Land Assessment
$50,000
Improvements Assessment
$354,800
Total Assessment
$404,800
  • Listing ID: 17753551

  • Date on Market: 11/18/2019

  • Last Updated:

  • Address: 902 E Hanna Ave, Indianapolis, IN 46227

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