3-Acre Commercial Development Site
Rare Assemblage Opportunity with Commercial Zoning
Marketing description
Prime retail development opportunity with direct frontage along Pendleton Pike (30,000 VPD), the area's primary retail corridor. The property offers value-add potential through an existing retail strip center with month-to-month and short-term leases. Commercial zoning allows for a wide variety of uses, making it ideal for a QSR, gas station, car wash, or other retail concepts. Strategically located directly off the I-465 exit ramp and across the freeway from Menard’s, the dominant home improvement retailer in the region.
Investment highlights
Investment Highlights
Direct frontage to Pendleton Pike (30,000 VPD), primary retail corridor in the area.
Opportunity for value-add with retail strip center (month-to-month & Short Term leases)
Commercial zoning allows for a variety of uses, ideal for QSR, Gas Station, Car Wash, or other retail development.
Located directly off I-465 exit ramp.
Across the freeway from Menard’s, the dominant home improvement retailer for the region
Location Highlights
High traffic volume from Pendleton Pike and immediate proximity to I-465.
30,000 VPD on Pendleton Pike (main thoroughfare)
I-465 averages 162,000+ vehicles per day (VPD) during peak times (Source: INDOT traffic data)
Densely populated submarket with a population of 222,000+ in the 5-mile radius
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