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9940 Pendleton Pike
Indianapolis, IN 46236
Lawrence Commons · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Stable Multi-Tenant Investment Opportunity
  • Excellent Primary Road Frontage
  • Strong demographics with growing population
  • 100% Leased to National Tenants
  • Outparcel to LA Fitness center

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,844 SF
Building Class
C
Year Built
2010
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.01 AC
Zoning
ZO01
Parking
45 Spaces (9.29 Spaces per 1,000 SF Leased)
Frontage
500’ on 56th Street

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning

ABOUT 9940 PENDLETON PIKE , INDIANAPOLIS, IN 46236

This property is situated on a highly visible corner at the signalized intersection of Pendleton Pike (U.S. 36) and N. Mitthoefer Rd. which has over 29,000 vehicles passing daily. Prominently located outparcel to new construction LA Fitness anchored retail development on primary northeast Indianapolis commercial corridor. Strong traffic generators in the immediate area include the National Guard & Armory, Ivy Tech Community College, YMCA, Triton Brewing Company, Monarch Beverage Company, The Schneider Corporation, Social Security Administration, and the DOD’s DFAS. Indianapolis is the capital and largest city in Indiana and the seat of Marion County. It is in the East North Central region of the Midwestern United States. With an estimated population of 853,173 in 2015, Indianapolis is the second most populous city in the Midwest, after Chicago, and 14th largest in the U.S. The city is the economic and cultural center of the Indianapolis metropolitan area, home to 2 million people, the 34th most populous metropolitan statistical area in the U.S. Its combined statistical area ranks 26th, with 2.4 million inhabitants. Indianapolis covers 372 square miles, making it the 16th largest city by land area in the U.S.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-08-08-107-005.000-407
Land Assessment
$348,800
Improvements Assessment
$460,400
Total Assessment
$809,200
  • Listing ID: 18898551

  • Date on Market: 3/17/2020

  • Last Updated:

  • Address: 9940 Pendleton Pike, Indianapolis, IN 46236

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