Southport Village Center
Retail | 8.00% CAP | 10,515 SqFt
Investment highlights
100% Occupied 10,515 SF Strip Center Positioned Along Madison Avenue – High-Traffic Corridor Through Southport
Landlord-Favorable Structure with NNN Lease – Tenants Responsible for Taxes, Insurance & CAM
Located at Hard Corner of Madison Ave and E Southport Rd Seeing 48,000 VPD Combined
Dense Demographics with 214,000+ Residents Within 5 Miles | $83,500 Avg. HH Income
Grocery Store Renewed a Year Early on a 10-Year Lease
New Roof in 2025 on Entire Building with 15 Year Warranty
Consumer Spending of $2.5 Billion Annually in Surrounding Trade Area
Surrounded by National Tenants Including Dollar Tree, Dairy Queen, and Regional Retailers
Excellent Visibility & Ingress/Egress from Madison Ave with 20 Dedicated Parking Spaces
Indianapolis MSA – 2 Million+ Residents and $126 Billion GDP, Ranked a Top U.S. Growth Market
Area Employers Include Eli Lilly, IU Health, Roche Diagnostics, and Ascension St. Vincent
Median Household Incomes in Indianapolis Grew 2.4% Year-Over-Year | Median Property Values Up 4.3%
Strong Regional Connectivity with Immediate Access to Interstates and Indianapolis International Airport
Median Age of 34.2 Years in 1-Mile Radius – Strong Consumer Base of Young, Working-Age Residents
Retail Corridor Supported by Over 1 Million Employees in Metro Area
Stable Asset with Long-Term Value Preservation in Core Indianapolis Growth Corridor
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