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5220 E Southport Rd
Indianapolis, IN 46237 South Emerson

$3,530,000 USD

Storefront For Sale  •  13,842 SF

Property Details

• Property Type Storefront
• Total Building Size 13,842 SF
• Lot Size 1.58 AC
• Building Class B
• Year Built 2004
• Cap Rate 6.85 %
• Tenancy Multiple
• Zoning C-1

22 Transit Score

57 Walk Score

Highlights

100% Occupied, 13,842 Square-Foot, Multi-Tenant Retail Center in a High-Traffic Commercial Corridor

100% Internet-Resistant Tenancy: Food, Beauty Services, and Financial Services

Low Replaceable Rents: Average Rent per Square Foot Is $17.10, Which Is Below Market for This Retail Corridor

Nearby Traffic Counts Are in Excess of 65,000 CPD at Emerson and Southport Road

Notable Anchor Tenants Nearby Include Meijer, Aldi, Menards, Target, Home Depot, and Kohl’s

Dense, Affluent Demographics: Indianapolis MSA Has a Population in Excess of 2 Million People

Cap Rate:

6.85 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Burnt Out Baker		7/26/2026
Eye Lash
Heights Finance		1/31/2022
Hot Box Pizza		3/31/2026
Longardner Investments, Inc
Orangetheory Fitness
Skin Renew		9/30/2025
Whiskey Business		5/31/2025

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	14 min	-	9.1 mi
Airport	Drive	Walk	Distance
Indianapolis International	34 min	-	20.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	88
Type:	Surface
Included in Rent:	Yes