8501 PENDLETON PIKE

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8501 PENDLETON PIKE

LAWRENCE, IN 46226
Asking Price
$650K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail building encompassing 3,750 square feet of space
  • Priced at 650,000 dollars for the full property
  • Located at 8501 Pendleton Pike in Lawrence, Indiana
  • Versatile design suitable for medical or office use
  • Situated in a well-established Indianapolis suburban market

What's Special

Lawrence functions as a prominent suburban hub within the Indianapolis metropolitan area, benefiting from steady regional economic activity and established infrastructure. This retail property at 8501 Pendleton Pike consists of 3,750 square feet, providing a versatile layout suitable for diverse business operations. The configuration accommodates a variety of commercial functions, including potential applications for medical practices, professional office space, or traditional retail storefronts. With its strategic position on a key local corridor, the facility offers practical access for businesses targeting the local Lawrence consumer base. Investors and business owners seeking an functional space in this Indiana market will find the footprint adaptable to specific operational requirements. The site maintains proximity to major transit routes, supporting visibility and connectivity for commercial tenants or owner-occupants looking to establish a footprint in this growing suburban sector.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

Location & Travel Times