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12610052
12610051

7202 Michigan Rd, Indianapolis, IN 46268 For Lease

Calvin Lee
Listed by Calvin Lee
$1.50/SF/MO
123 days on market
Updated 109 days ago

CVS

Building Details
Property Type Retail
Sub Type Drug
Tenancy Single
Lease Type NNN
Total Building SqFt 10,125
Year Built 2001

Spaces

Retail | Single tenant | 10,125 SqFt

Building description

This exceptional Subject Property presents a compelling investment opportunity at one of Indianapolis's most strategic retail locations. Positioned at the signalized hard corner of North Michigan Street and West 71st Street, the property benefits from exposure to approximately 60,500 vehicles per day. The 10,125-square-foot building sits on 1.02 acres in a densely populated infill location with over 178,315 residents within a five-mile radius.


The property's proximity to Interstate 465, which carries over 135,000 cars per day, provides exceptional accessibility and visibility. The property offers stability in a market characterized by strong demographics, including an average household income of $87,500 in the surrounding area. The location benefits from adjacency to major national retailers including Walmart Supercenter, Costco, Trader Joe's, Lowe's, and Sam's Club, creating a robust retail ecosystem that drives consistent traffic to the corridor.


Indianapolis continues to demonstrate strong economic fundamentals, with a diverse employment base anchored by healthcare, logistics, and technology sectors. The property's position in this growing market, combined with the Subject Property's strong corporate profile, creates an attractive risk-adjusted return profile for institutional and private investors seeking stable cash flow in the retail sector.

Building highlights

  • Irreplaceable Corner Location with 60,267 VPD Traffic

  • Dense residential infill location with 178,315 residents and 75,115 households within five miles, supporting sustainable demand

  • 10,125 SF Vacant Property on a 1.03 Acres Lot

Listing Contacts

Calvin Lee
Listed by Calvin Lee

Property History

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