7720 Michigan Road

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7720 Michigan Road

Indianapolis, IN 46268
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

7720 Michigan Road is located in the Augusta neighborhood of Northwest Indianapolis along a primary commercial corridor. The property sits within a high-traffic area characterized by a mix of established retail centers, service businesses, and residential communities. Local amenities include several national grocery chains, fast-food franchises, and automotive services located within a two-mile radius. The location offers direct access to Michigan Road, a major north-south artery, and is situated approximately three miles from the Interstate 465 interchange, providing connectivity to the broader metropolitan region. The property is suited for general retail use, professional services, or small-scale showroom operations. Given the high daily vehicle counts and visibility, the site fits tenant profiles such as convenience retailers, specialty boutique shops, or medical office clinics. The surrounding demographic supports businesses focused on neighborhood-level services and everyday consumer goods. Its position along a transit-oriented road makes it an appropriate choice for operators requiring easy customer ingress and egress within a dense suburban commercial environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times