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7202 Michigan Rd
Indianapolis, IN 46268 Augusta

$15,188 USD/MO

Drugstore For Lease  •  10,125 SF

Property Details

  • Property Type Drugstore
  • Year Built 2001
  • Total Building Size 10,125 SF
  • Tenancy Single
  • Building Class B
  • Zoning ZO01
26 Transit Score
58 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 10,125 SF $18.00 USD/SF/YR 
Ownership is not interested in selling the property, but will consider ground lease or BTS.
Asking Base Rent - $18 PSF, plus Real Estate Taxes equal to $25,616.25 annually. 
Lessor is responsible for property upkeep, and interior maintenance of the premises.

  • Date available: Now
  • Lease term: 5 - 10 Years
  • Service type: Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description 

ABSOLUTE NET LEASE STRUCTURE /  GROUND LEASE 
Freestanding building, 10,125 square feet 
Built 2001
1.01 AC (usable AC), 
Zoned C4 & C5 
Located at the NWC of Michigan Rd at 71st Street/Westfield Blvd.
Excellent visibility on heavily traveled corridor, 228’ along Michigan Road (26,418 VPD) 
Signalized corner, with full range of access on 71st Street, 
Pylon Sign, and 60 parking spaces
Convenient Interstate Access I-465 & I-65
Ground Lease available, for redevelopment opportunities
RE Taxes $2.53 PSF

Highlights

Heavily traveled corridor with access to I-465 along 71st Street & Michigan Rd (26K VPD)
Hard Corner - with signalized access
Free-standing building zoned C4 & C5
60 Parking Spaces & Pylon Signage
Dense residential community, less than one mile from Park 100

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 18 min - 9.7 mi
AirportDriveWalkDistance
Indianapolis International 38 min - 20.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
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