7201 Pendleton PikeIndianapolis, IN 46226

Property Details for 7201 Pendleton Pike

Year built

2001

Construction

TYPE NOT SPECIFIED

Lot size

12.29 AC

Property size (Sq ft)

828 SF

Property type

Grocery and convenience stores

APN

49-07-13-106-005.000-401

APU

490713106005000401

Description

Pendleton Plaza, located at 7201 Pendleton Pike in Indianapolis, Indiana, offers exceptional retail opportunities. This multi-tenant property boasts a total of 134,797 square feet, with 48,977 square feet currently vacant. Six spaces are immediately available, ranging from a minimum of 2,400 square feet to a maximum contiguous space of 22,537 square feet. The property is zoned C4 and SU1, providing flexibility for a variety of retail uses. Ample parking is available with a 950-space lot, offering a 7:1 ratio. Pendleton Plaza enjoys a highly desirable location with convenient access to major thoroughfares including I-465, I-70, and I-69, as well as the Shadeland Avenue industrial corridor. This strategic location ensures high visibility and accessibility for businesses. A significant anchor tenant, O'Reilly Auto Parts, will soon occupy a 30,049 square foot space, further enhancing the property's appeal and drawing significant traffic. The property is situated in Marion County, Indiana, with a zip code of 46226. This presents a unique chance to establish a presence in a thriving retail area with strong infrastructure and high traffic volume. Contact us today to learn more about the available spaces and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $179,746

  6.5%

  $165,919

  7%

  $154,068

• Comparable approach

  Method

  Valuation

  Relative Method

  $259,130

  Geo Method

  $259,130

• Alternative Use

  Use

  Valuation

  Residential

  $139,959

  Hospitality

  $128,202

  Educational

  $106,662

  Medical

  $110,330

  Retail

  $165,919

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8277

Longitude

-86.0418

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].