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5602 Michigan RdIndianapolis, IN 46228

For Lease
$19.50/SF/YR

2,100 SF Auto Repair Shop, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
90
This 2,100 square foot retail space, ideally suited for an auto repair business, is available for lease at 5602 N. Michigan Rd., Indianapolis, IN 46228. Built in 1924, the property boasts excellent visibility and frontage on a high-traffic road with approximately 22,000+ vehicles passing daily. Convenient right-turn access is a key advantage. The location offers strong demographics, with over 87,000 people within a 3-mile radius and an average household income exceeding $88,000. Benefit from proximity to major retailers including McDonald's, Circle K, Walgreens, Walmart, Starbucks, Pizza Hut, Speedway, and Family Dollar. The property includes 41 parking spaces and is situated approximately seven miles north of downtown Indianapolis, a major transportation and logistics hub. Indianapolis International Airport, a significant asset to the area, is also nearby. This prime location offers exceptional potential for a thriving auto repair business. The entire 2,100 square feet is currently vacant and ready for immediate occupancy. Marion County location.

Highlights

  • Asking Price: $19.50 per square foot per year.
  • High-visibility retail space in a prime infill location.
  • High traffic counts: 22,162 vehicles per day on Michigan Rd. and 15,157 VPD on Kessler Blvd.
  • Dense population: 81,245 residents within a 3-mile radius.
  • Convenient location: 4 minutes from Highland Golf & Country Club and 2 minutes from Broadmoor Country Club.
  • Currently operating as an auto repair shop.

Property Details for 5602 Michigan Rd

Property type
Other retail properties, Automotive properties
RSF (Rentable sq. ft)
2,100 SF
Year Built
1924

Unit(s) available at that property

Space
Space Available:1st Floor
Size
2,100 SF
Rate per SF
$19.50

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.853906
Longitude
-86.1952388
5602 Michigan Rd, Indianapolis, Indiana

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Contacts

Wesley Wellman
Wesley Wellman
Visit Broker Website

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5602 Michigan Rd, Indianapolis, Indiana, 46228

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5602 Michigan Rd
  • Wesley Wellman
    Wesley Wellman
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