Broad Ripple Core Retail Assemblage

The asset is currently occupied by three tenants under a predominantly NNN lease structure. The property has undergone documented capital improvements, including multiple HVAC replacements between 2015 and 2025 and well-maintained roofing systems, reducing near-term capital expenditure risk for incoming ownership.

Zoned C-4 (Commercial) and adjacent to the Broad Ripple Canal, the site offers strong corridor positioning, walkability, and long-term redevelopment optionality. The inclusion of approximately 18 on-site parking spaces — a rare amenity in this submarket — further enhances tenant stability and future value potential.

Investment highlights

• • Prime Broad Ripple core location within a highly walkable retail corridor

• • 2 contiguous parcels improved with 2 commercial buildings totaling ±7,680 SF

• • Multi-tenant commercial asset with stable in-place income

• • Predominantly NNN lease structure

• • Documented capital improvements, including HVAC replacements (2015–2025)

• • C-4 commercial zoning allowing broad permitted uses

• • Adjacent to the Broad Ripple Canal

• • 18 on-site parking spaces — rare for the submarket

• • Opportunity to increase rents to market levels upon renewal

• • Long-term redevelopment and assemblage optionality