• 21st & Mitthoeffer Center - 9945 E 21st St, Indianapolis, IN 46229

For Lease

Retail

Space 2

Available now!
1,200
Square feet
  • Time on Market
    about 1 year
  • Space ID
    1730447
  • Overview

    Located in dense residential area. Just minutes from Washington Square Mall.

  • Presented By
    McCrea Property Group, LLC
    Jason Fried
    Paige Pettenaro
    Jodi Milto
Contact or Call
Retail

Space 1

Available now!
1,200
Square feet
  • Time on Market
    about 1 year
  • Space ID
    1730444
  • Overview

    Pylon signage available. Close proximity to I-70.

  • Presented By
    McCrea Property Group, LLC
    Jason Fried
    Paige Pettenaro
    Jodi Milto
Contact or Call

Property Details

The 21st St Porfolio assets provide investors the opportunity to acquire two well-maintained retail assets totaling 7,027 SF, each with great visibility along 21st Street corners boasting over 28,000 vehicles per day. Both assets are well-established, 100% occupied neigh-borhood strip centers surrounded by tremendous residential density with immediate access to 1-70. The average historical occupancy falling just shy of 90% paired with the upside in current below market rents offers an investor stable cash flow with the opportunity to add value through pushing rents.

Both assets located in dense residential areas, nearly 100,000 people within 3 miles
Average historical occupancy of just under 90% over the last decade for both properties
Both assets directly connected to I-70 via Emerson and Post Road
Phenomenal high-yield opportunity

  • Property Type
    Retail
  • Submarket
  • Year Built
    1980
  • Total Building Size
    7,027RSF
  • Total Acres
    0.16
  • Total Available
    2,400RSF
  • Number of Floors
    1
  • Largest Contiguous
    1,200RSF
  • Zoning
    C3
  • Last updated
    Dec 11, 2018
  • Property ID
    1908379

Landlord's Leasing Representatives

  • Jason Fried
    McCrea Property Group, LLC
     
  • Paige Pettenaro
    McCrea Property Group, LLC
     
  • Jodi Milto
    McCrea Property Group, LLC