North Lawrence Shopping Center for Lease

5104 N Franklin Rd, Indianapolis, Indiana 46226

  • Property Subtypes Free-Standing Building
  • Building Size (RSF) 46,678 SF
  • Gross Building Area 46,678 SF
  • Building Name North Lawrence Shopping Center
  • Building Status Existing
  • Available Space 43,947 Sf
  • Min/Max Available Space 1440 min - 34507 max Sf
  • Class of Space N/A
  • Total Land Size 5.32 Acres
  • Cap Rate Undisclosed
  • Last Updated 1/21/2020
  • Status active

Overview / Comments

North Lawrence Shopping Center provides a neighborhood redevelopment opportunity inside a densely populated Indianapolis suburb. This center is in an area of high population growth with above average Indiana income levels. Nearby Fort Benjamin Harrison / Bean Federal Center provides DFAS accounting service related jobs with over 5000 employees. Conveniently located nearby is the Lawrence Parks Department, Lawrence Soccer Complex and Fort Harrison State Park. This 5.32 acre site was previously home to a Marsh grocery store plus a neighborhood strip center. The building has a total of 46,678 sf. The Marsh store has 18 foot ceilings, dock doors, and over 250 parking spaces. Currently zoned C-3 Neighborhood Community Retail with uses that includes neighborhood shopping centers, sales of retail convenience or durable goods and professional services.

Agent Notes

Property Tax for 5136 N Franklin is $14,025.86 Property Tax for 5104 N Franklin is $23,349.00 Insurance Cost for both buildings - $9522 annually Dock Door is 49"H x 7'6" W

Additional Details

  • Tax ID/APN 49-07-12-126-002.000-407; 49-07-12-126-001.000-407; 49-07-12-126-003.000-407; 49-07-12-126-003.001-407
  • Zoning C-3
  • Property Visibility Fair
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 1959
  • Tax Auth Marion County