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10859 E Washington St

133,880 SF Retail Building Indianapolis, IN 46229 For Sale

Retail Buildings Indiana Indianapolis 10859 E Washington St, Indianapolis, IN 46229

Investment Highlights

  • Tremendous Access Via Busy Main US 40 Thoroughfare
  • Perfect size for multi-tenant retail redevelopment
  • Large parking field to serve many retail and commercial uses, including office-warehouse and distribution
  • Highly Visible Pylon Signage
  • Highly Trafficked Retail Corridor

Executive Summary

* Located Near 953,000 square foot Washington Square Mall (Dick’s Sporting Goods, Target, Burlington)
* Part of Centre East – 558,000 sf owner center anchored by Walmart Supercenter, Hobby Lobby, Shoe Carnival, Party City and Citi Trends
*Multiple points of ingress/egress and access from US 40 and German Church Road(s)
*Tremendous Underlying C-4 Zoning with In Place Variance for Office/Warehouse/Distribution
* Sale Does Not Include Dunkin’ Donuts Outlet on E Washington St. (See Final Plat)

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
133,880 SF
Building Class
B
Year Built/Renovated
1992/2022
Tenancy
Single
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.38
Land Acres
8.09 AC
Zoning
C-4 - C-4 Zoning Allows For Many Retail and Commercial Uses. The Property Also Has a USE Variance Allowing For Office and Light Warehouse Distribution
Parking
400 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
560 ft on E Washington St

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Fenced Lot
  • Pylon Sign
  • Signalized Intersection
  • Fiber Optic Internet
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Nearby Major Retailers

Huntington National Bank
Steak ‘n Shake
Planet Fitness
Longhorn Steakhouse
Kroger
Chase Bank
Skyline Chili
ALDI
BMO
PNC Bank

PROPERTY TAXES

Parcel Number 49-09-04-115-001.000-700 Improvements Assessment $1,386,353 CAD
Land Assessment $2,512,012 CAD Total Assessment $3,898,365 CAD

PROPERTY TAXES

Parcel Number
49-09-04-115-001.000-700
Land Assessment
$2,512,012 CAD
Improvements Assessment
$1,386,353 CAD
Total Assessment
$3,898,365 CAD
(317) 942-1141

  • Listing ID: 33909571

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 10859 E Washington St, Indianapolis, IN 46229

The Retail Property at 10859 E Washington St, Indianapolis, IN 46229 is currently available For Sale. Contact Velocity Commercial Real Estate, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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10859 E Washington St, Indianapolis, IN for sale Plat Map- Image 7 of 10
Plat Map
10859 E Washington St, Indianapolis, IN for sale Site Plan- Image 8 of 10
Final PLAT - Park 10859 Washington
10859 E Washington St, Indianapolis, IN for sale Site Plan- Image 9 of 10
06Primary Plat - 10859 Washington plat[82]

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10859 E Washington St
(317) 942-1141 x

10859 E Washington St

David Simons

(317) 942-1141

(317) 942-1141

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