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4540-4590 N Shadeland Ave
Indianapolis, IN 46226 Devington

Price Upon Request

Storefront For Sale  •  45,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 45,000 SF
  • Lot Size 4.73 AC
  • Building Class B
  • Year Built 1961
  • Tenancy Multiple
  • Zoning C4
30 Transit Score
50 Walk Score

Highlights

Family Dollar has anchored Shadeland Corner since 2012. The tenant extended their lease for 10 years in 2016
There are 10% rent increases in each of the five-year option periods. Family Dollar represents 25% of the center’s gross revenue
Shadeland Corner has surrounding populations of approximately 13,505 within one mile, 82,488 within three miles, and 232,903 within five miles
Shadeland Corner is located at the signaled southwest corner of Shadeland Avenue and 46th Street
Retailers at the intersection include Walgreens, Dollar General, and three gas sales/convenience stores including Speedway
The estimated combined traffic count at the intersection is 38,000 vehicles

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Indianapolis International 40 min - 23.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 197
Type: Surface
Included in Rent: Yes