Retail Property For Saleaz480170.vo.msecnd.net/6faae9aa-6b4a-4e9e-9280-75cc14565... ·...

MIDLAND ATLANTIC PROPERTIES • DEVELOPMENT • BROKERAGE • ACQUISITIONS • MANAGEMENTInforma on contained herein has been obtained from sources deemed reliable but is not guaranteed and is subject to change without no ce

• Retail Center for Sale; 3 Tenant Building with 7,800 Total Square Feet • Center Includes: Chin Asian Supermarket, Gateway Automo ve • 1,000 Square Feet Available • Exposure to Over 26,593 Vehicles Per Day (2015 Es mate) • Center Offers Large Parking Field and Standing Seam Metal Roof• Center Repainted 2014• 3 New HVAC & Furnace Units Installed May 2015 (Vacancy & Supermarket)• 2 New HVAC & Furnace Units that Service Gateway Automo ve Installed 2007• New Dumpster Enclosure Build 2013• Great Upside Poten al

Demographics: (1 & 3 mile radius / 2016 es mates)

Popula on Average HH Income Number of Businesses Number of Employees

Popula on Average HH Income Number of Businesses Number of Employees

www.midlandatlan c.com @midlandatlan c

Indianapolis Office9000 Keystone Crossing, Suite 850, Indianapolis, IN 46240

For addi onal informa on contact: Tracey Holtzman

tholtzman@midlandatlan c.usPhone.317.580.9900

11,708$53,084

4423,885

86,691$62,365

3,52633,609

7408 S. Madison Avenue, Indianapolis, IN 46227Retail Property For Sale

Tracey Holtzman

Phone.317.580.9900

80’

60’

40’

MA

DIS

ON

AV

EN

UE

7408 S. Madison Avenue, Indianapolis, IN 46227For Lease

NORTH

NORTH

65

Southport Road

Emer

son

Aven

ue

Stop 11 Road

Madison AvenueCounty Line Road

Fry Road

TARGET

US Highway 31

Gateway

Automotive

7408 S. Madison Avenue, Indianapolis, IN 46227For Sale

a v ai l a bl e

Ch

in’s

Fam

ily

Mar

ket

GATEWAY

AUTOMOTIVE

ChinAsian

Supermarket

1,000 SF Available

7408 S. Madison Avenue, Indianapolis, IN 46227Retail Property for Sale For additional information contact:

[email protected]

Chin’s Family Market

Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 Projections

Calculated using Weighted Block Centroid from Block Groups

Lat/Lon: 39.6613/-86.1263RF1

7408 Madison Ave1 mi radius 3 mi radius 5 mi radius 7 mi radius

Indianapolis, IN 46227

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2016 Estimated Population 11,708 86,691 209,299 309,977

2021 Projected Population 11,869 88,727 215,445 320,923

2010 Census Population 11,101 82,611 200,967 297,058

2000 Census Population 10,067 75,885 171,574 246,759

Projected Annual Growth 2016 to 2021 0.3% 0.5% 0.6% 0.7%

Historical Annual Growth 2000 to 2016 1.0% 0.9% 1.4% 1.6%

HO

US

EH

OL

DS

2016 Estimated Households 4,715 36,685 85,194 121,835

2021 Projected Households 4,810 37,634 87,924 126,451

2010 Census Households 4,392 34,199 80,165 114,611

2000 Census Households 4,400 31,541 69,066 96,753

Projected Annual Growth 2016 to 2021 0.4% 0.5% 0.6% 0.8%

Historical Annual Growth 2000 to 2016 0.4% 1.0% 1.5% 1.6%

AG

E

2016 Est. Population Under 10 Years 16.6% 13.4% 14.0% 14.9%

2016 Est. Population 10 to 19 Years 12.6% 12.0% 12.8% 13.2%





2016 Est. Population 75 Years or Over 4.7% 6.9% 6.0% 5.2%

2016 Est. Median Age 33.2 36.9 35.9 35.1

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2016 Est. Male Population 49.2% 48.4% 48.4% 48.8%

2016 Est. Female Population 50.8% 51.6% 51.6% 51.2%

2016 Est. Never Married 30.9% 30.8% 30.4% 30.2%

2016 Est. Now Married 44.4% 46.2% 47.2% 47.7%

2016 Est. Separated or Divorced 17.9% 16.2% 16.0% 16.2%

2016 Est. Widowed 6.9% 6.8% 6.3% 5.9%

INC

OM

E

2016 Est. HH Income $200,000 or More 1.5% 2.7% 2.7% 3.0%

2016 Est. HH Income $150,000 to $199,999 3.2% 3.8% 3.8% 3.9%

2016 Est. HH Income $100,000 to $149,999 9.0% 11.0% 12.0% 12.0%

2016 Est. HH Income $75,000 to $99,999 8.7% 11.3% 13.1% 13.0%

2016 Est. HH Income $50,000 to $74,999 19.0% 19.2% 20.5% 20.2%

2016 Est. HH Income $35,000 to $49,999 17.3% 16.5% 15.4% 14.9%

2016 Est. HH Income $25,000 to $34,999 10.8% 11.1% 10.8% 10.6%

2016 Est. HH Income $15,000 to $24,999 13.0% 12.4% 11.0% 11.0%

2016 Est. HH Income Under $15,000 17.4% 12.0% 10.6% 11.4%

2016 Est. Average Household Income $53,084 $62,365 $64,704 $65,651

2016 Est. Median Household Income $41,892 $51,120 $54,945 $55,793

2016 Est. Per Capita Income $21,377 $26,433 $26,406 $25,868

2016 Est. Total Businesses 442 3,526 7,341 9,714

2016 Est. Total Employees 3,885 33,609 73,436 104,690


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Lat/Lon: 39.6613/-86.1263RF1



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2016 Est. White 68.0% 82.7% 85.1% 84.2%

2016 Est. Black 3.0% 4.1% 4.4% 5.6%

2016 Est. Asian or Pacific Islander 22.2% 7.0% 4.7% 4.1%

2016 Est. American Indian or Alaska Native 0.2% 0.2% 0.2% 0.3%

2016 Est. Other Races 6.6% 6.0% 5.5% 5.8%

HIS

PA

NIC 2016 Est. Hispanic Population 919 6,118 13,311 20,674

2016 Est. Hispanic Population 7.8% 7.1% 6.4% 6.7%

2021 Proj. Hispanic Population 8.5% 8.0% 7.3% 7.6%

2010 Hispanic Population 7.8% 6.6% 5.9% 6.3%

ED

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ION

(Ad

ults

25

or

Old

er)

2016 Est. Adult Population (25 Years or Over) 7,432 58,569 138,717 202,847

2016 Est. Elementary (Grade Level 0 to 8) 11.9% 4.9% 3.7% 4.0%

2016 Est. Some High School (Grade Level 9 to 11) 5.9% 8.1% 7.9% 8.8%

2016 Est. High School Graduate 32.9% 32.1% 32.0% 32.1%

2016 Est. Some College 19.1% 21.2% 21.1% 20.4%

2016 Est. Associate Degree Only 7.0% 7.4% 8.3% 8.5%

2016 Est. Bachelor Degree Only 16.7% 17.5% 18.4% 17.8%

2016 Est. Graduate Degree 6.5% 8.9% 8.6% 8.4%

HO

US

ING 2016 Est. Total Housing Units 4,933 38,414 89,651 129,209

2016 Est. Owner-Occupied 41.8% 54.1% 58.6% 60.4%

2016 Est. Renter-Occupied 53.7% 41.4% 36.4% 33.9%

2016 Est. Vacant Housing 4.4% 4.5% 5.0% 5.7%

HO

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UIL

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Y Y

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R 2010 Homes Built 2005 or later 3.1% 4.1% 6.0% 7.4%

2010 Homes Built 2000 to 2004 3.3% 7.5% 10.9% 11.5%

2010 Homes Built 1990 to 1999 7.8% 13.4% 15.7% 14.9%

2010 Homes Built 1980 to 1989 8.4% 12.5% 11.6% 10.1%

2010 Homes Built 1970 to 1979 21.7% 18.7% 16.7% 14.6%

2010 Homes Built 1960 to 1969 28.7% 19.4% 14.1% 13.0%

2010 Homes Built 1950 to 1959 13.1% 11.5% 10.7% 10.9%

2010 Homes Built Before 1949 13.9% 12.8% 14.4% 17.8%

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ES

2010 Home Value $1,000,000 or More 0.1% 0.4% 0.3% 0.3%

2010 Home Value $500,000 to $999,999 0.4% 1.0% 0.8% 1.0%

2010 Home Value $400,000 to $499,999 0.7% 0.7% 0.9% 1.2%

2010 Home Value $300,000 to $399,999 1.3% 2.2% 2.7% 3.4%

2010 Home Value $200,000 to $299,999 5.1% 10.1% 10.9% 11.6%

2010 Home Value $150,000 to $199,999 19.9% 20.5% 19.4% 18.0%

2010 Home Value $100,000 to $149,999 52.8% 41.5% 38.1% 34.7%

2010 Home Value $50,000 to $99,999 15.6% 18.3% 21.6% 23.3%

2010 Home Value $25,000 to $49,999 2.0% 1.8% 1.9% 3.2%

2010 Home Value Under $25,000 2.1% 3.4% 3.3% 3.4%

2010 Median Home Value $127,352 $131,000 $131,373 $131,737

2010 Median Rent $596 $606 $612 $603


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Lat/Lon: 39.6613/-86.1263RF1



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2016 Est. Labor Population Age 16 Years or Over 8,876 68,853 163,758 238,500

2016 Est. Civilian Employed 62.0% 63.8% 64.8% 64.3%

2016 Est. Civilian Unemployed 2.1% 2.1% 2.3% 2.6%

2016 Est. in Armed Forces - - 0.1% 0.1%

2016 Est. not in Labor Force 35.9% 34.1% 32.8% 33.1%

2016 Labor Force Males 48.7% 47.6% 47.6% 48.0%

2016 Labor Force Females 51.3% 52.4% 52.4% 52.0%

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2010 Occupation: Population Age 16 Years or Over 4,861 39,000 95,305 136,893

2010 Mgmt, Business, & Financial Operations 11.7% 13.9% 13.6% 13.5%

2010 Professional, Related 19.5% 20.9% 21.5% 20.2%

2010 Service 21.4% 16.9% 16.2% 16.7%

2010 Sales, Office 26.0% 27.2% 27.4% 27.1%

2010 Farming, Fishing, Forestry - 0.1% 0.2% 0.2%

2010 Construction, Extraction, Maintenance 7.8% 8.2% 8.5% 8.6%

2010 Production, Transport, Material Moving 13.6% 12.8% 12.7% 13.8%

2010 White Collar Workers 57.2% 62.0% 62.5% 60.8%

2010 Blue Collar Workers 42.8% 38.0% 37.5% 39.2%

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2010 Drive to Work Alone 86.2% 86.7% 86.8% 85.9%

2010 Drive to Work in Carpool 10.5% 7.8% 8.0% 8.6%

2010 Travel to Work by Public Transportation 1.1% 0.6% 0.6% 0.8%

2010 Drive to Work on Motorcycle - 0.1% 0.1% 0.1%

2010 Walk or Bicycle to Work 0.5% 1.4% 1.4% 1.4%

2010 Other Means 0.1% 0.2% 0.4% 0.4%

2010 Work at Home 1.5% 3.1% 2.8% 2.9%

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E 2010 Travel to Work in 14 Minutes or Less 23.9% 26.0% 23.9% 23.3%

2010 Travel to Work in 15 to 29 Minutes 40.2% 43.0% 43.7% 44.0%

2010 Travel to Work in 30 to 59 Minutes 31.5% 27.0% 28.4% 28.6%

2010 Travel to Work in 60 Minutes or More 4.4% 4.0% 4.1% 4.1%

2010 Average Travel Time to Work 22.1 21.4 21.9 22.1

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2016 Est. Total Household Expenditure $214 M $1.85 B $4.41 B $6.36 B

2016 Est. Apparel $7.45 M $64.3 M $153 M $221 M

2016 Est. Contributions, Gifts $13.3 M $120 M $286 M $415 M

2016 Est. Education, Reading $7.70 M $68.1 M $163 M $237 M

2016 Est. Entertainment $11.8 M $103 M $246 M $355 M

2016 Est. Food, Beverages, Tobacco $33.8 M $288 M $684 M $984 M

2016 Est. Furnishings, Equipment $7.04 M $62.3 M $150 M $216 M

2016 Est. Health Care, Insurance $19.5 M $166 M $392 M $563 M

2016 Est. Household Operations, Shelter, Utilities $66.7 M $575 M $1.37 B $1.97 B

2016 Est. Miscellaneous Expenses $3.24 M $27.7 M $65.9 M $94.5 M

2016 Est. Personal Care $2.81 M $24.1 M $57.5 M $82.7 M

2016 Est. Transportation $41.0 M $354 M $848 M $1.22 B

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