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9235 Michigan Rd
Indianapolis, IN 46268
College Park Crossing · Retail Property For Sale
Investment Highlights
- Brand New Class "A" Construction – Diversification of Freestanding Starbucks and Two E-Commerce Resistant Neighborhood Centers
- The Centers Cater to One of the Largest 3-Mile Daytime Populations in Indianapolis
- Starbucks and Panera Bread are Relocation Sites | New 10-Year Lease Signed with Sakanaya Sushi & Bar Owned by a Multi-Concept Operator
- Strategically Planned Restaurant-Dominated Development Offering Four Drive Throughs and Ample Parking
- All New 10-Year NNN Leases with Corporate Guarantees - Strong Rental Increases to Hedge Against Inflation
Property Facts
Property Type
Retail
Building Size
9,912 SF
Building Class
B
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.28 AC
Zoning
C-4
Parking
35 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
124’ on Michigan Road
Amenities
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 49-03-18-101-040.000-600 | Improvements Assessment | $1,338,600 |
| Land Assessment | $1,199,700 | Total Assessment | $2,538,300 |
Property Taxes
Parcel Number
49-03-18-101-040.000-600
Land Assessment
$1,199,700
Improvements Assessment
$1,338,600
Total Assessment
$2,538,300
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