Overlook at Valley Ridge

5200 E. Southport Road
Indianapolis, IN 46237

Status Available
Property Type Shopping Center / Retail (Commercial/Other, Strip Center)
Building Size 42,000 SF
Price/SF/Year $18.00
Property Overview

Overlook at Valley Ridge is located on the north side of E. Southport Road, in the 5300 block. The site is less than 1/2 mile east of the Interstate 65 exit on Southport Road. It is directly across from the Meijer Superstore, adjacent to La-Z-Boy furniture gallery, Chick-Filet, and Taco Bell. The center sits at the access road into a new multi-family development which has leased to near stabilization in record time. Although traffic counts and demographics are already very strong, the area is still growing and one of the fastest growing areas in Metro Indianapolis.
Features
Heavy Traffic Count (Over 30,000 VPD)
Area retailers include Target, Home Deport, and Menards
Excellent demographics base
New construction with affordable rates
Community is still growing
General Listing Information
Building Size 42,000 SF
# of Buildings 1
# of Units 26
# of Stories 1
Free Standing Yes
Financial Overview
Lease Rate $18.00/SF/Year
Buyer Agent Commission 3.0%
Spaces

5200 Space Endcap

Endcap on west end of building

Space Available 3,200 SF
Price/SF/Year $19.50
Lease Type NNN
Min. Divisible SF 3200
Max Contiguous SF 3200

5200 Space Endcap East

East endcap of building

Space Available 3,200 SF
Price/SF/Year $19.00
Lease Type NNN
Min. Divisible SF 3200
Max Contiguous SF 3200

5200 Space Inline

Space Available 36,000 SF
Price/SF/Year $18.00
Lease Type NNN
Min. Divisible SF 1600
Max Contiguous SF 36000
Lease Term 60 months