Meridian Street

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meridian street

*Please contact local Broker

Mychal Nation 156 East Market Street Mezzanine Level Indianapolis, IN 46204

Office: 314.635.3333 ext. 110 Cell: 317.752.2768 [email protected] www.rplux.com

Scott H. Lindenberg, CCIM 5915 N. College Avenue Suite 200 Indianapolis, IN 46220

Office: 317.449.9697 Cell: 317.506.7885 [email protected] www.reliantpcr.com

Managed by:

155 West New York Avenue Suite 100 Southern Pines, NC 28387

Tel: 910.695.1909 www.cliftcommercial.com

section I • property brochure property flyer market information

section II • property maps aerial map standard site map traffic count map

section III • demographics executive summary

Name Meridian Street

Location 8005-B S Meridian St, Indianapolis, IN County Marion County

Sq. Ft. 420 +/-

Individual Price $225,000

Potential Uses offi ce, fi nancial institution

PROPERTY DESCRIPTION

This 420 +/- square foot building is located on busy Meridian Street in Indianapolis, IN. Formerly, a Chase Bank, this brick facade structure contains three teller drive-thru win- dows and ample parking. C-1 office-buffer commercial zoning, provides many potential uses for new owner, including a branch bank (teller or ATM) or a payment facility for utili- ties, such as gas, electric, water, insurance, tax, etc. Adjacent to a professional office center this building is perfectly suited for that usage.

Meridian Street is one of the most heavily traveled streets in Indianapolis. While the southern end is commercial and neighborhood-oriented, the northern area of Meridian includes an historic district. Meridian Street serves as the axis separating east addresses from west addresses, and intersects Monument Circle and Washington Street in downtown. The In- dianapolis Thoroughfare Plan indicates that there may be a need in the future for sidewalk installation, an indicator that pedestrian, as well as street, traffic frequent the area.

317.752.2768 317.506.7885 www.rplux.com www.reliantpcr.com

Marion County was established in 1822. It is named for American Revolutionary War Brigadier General, Francis Marion. Marion County is one of 92 counties in Indiana. Indianapolis is the capital of Indiana, and the county seat of Marion County. Indianapolis was established on the White River and became the new state capital in 1820. The state asked Alexander Ralston to design the new capital city. A judge of the Indiana Supreme Court, Jeremiah Sullivan, invented the word Indianapolis by combining Indiana with the Greek word for city. In- dianapolis translates to “Indiana City”. The fi rst railroad to Indianapolis began operation in 1847, and at the turn of the century, Indianapolis had become a large automobile manufacturer.

Indianapolis, is the capital and largest city of the U.S. state of Indiana and the seat of Marion County. It is in the East North Central region of the Midwestern United States. With an estimated population of 853,173 in 2015, Indianapolis is the second most populous city in the Midwest, after Chicago, and 14th largest in the U.S. The city is the economic and cultural center of the Indianapolis metropolitan area, home to 2 million people, the 34th most populous metropolitan statistical area in the U.S. Its combined statistical area ranks 26th, with 2.4 million inhabitants. Indianapolis covers 372 square miles, making it the 16th largest city by land area in the U.S.

Contributing to an annual gross metropolitan product (GMP) of $125.9 billion, the Indianapolis metropolitan area is the 26th largest economic region in the U.S. and 42nd largest in the world. The largest industry sectors by employment are manufacturing, health care and social services, and retail trade. LARGEST EMPLOYERS: Compared to Indiana as a whole, the Indianapolis metropoli- Iu Health University Hospital tan area has a lower proportion of manufacturing jobs and a higher concentration of jobs in wholesale trade; administrative, St. Vincent Hospital support, and waste management; professional, scientifi c, and Peyton Manning Children’s Hospital technical services; and transportation and warehousing. The city’s major exports include pharmaceuticals, motor vehicle Deloitte parts, medical equipment and supplies, engine and power equipment, and aircraft products and parts.

317.752.2768 317.506.7885

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Indiana is the 38th largest by area and the 16th most populous ofo the 50 United States. Its capital and largest city is Indianapolis. IndianaIn was admitted to the United States as the 19th U.S. state ono December 11, 1816. The United States Census Bureau esti- matesm that the population of Indiana was 6,619,680 on July 1, 2015,2 a 2.10% increase since the 2010 United States Census.

BeforeB becoming a territory, varying cultures of indigenous peoplesp and historic Native Americans inhabited Indiana for thousandsth of years. Since its founding as a territory, settlement patternsp in Indiana have refl ected regional cultural segmentation presentp in the Eastern United States; the state’s northernmost tierti was settled primarily by people from New England and New York,Yo Central Indiana by migrants from the Mid-Atlantic states anda from adjacent Ohio, and Southern Indiana by settlers from theth Southern states, particularly Kentucky and Tennessee.

IndianaIn has a diverse economy with a gross state product of $298$ billion in 2012. Indiana has several metropolitan areas with populationsp greater than 100,000 and a number of smaller in- dustriald cities and towns. Indiana is home to several major sports teamste and athletic events including the NFL’s Indianapolis Colts, theth NBA’s Indiana Pacers, the WNBA’s Indiana Fever, the India- napolisn 500, and Brickyard 400 motorsports races.

InIn 2000, Indiana had a work force of 3,084,100. The total gross statest product in 2010 was $275.7 billion. A high percentage of Indiana’sIn income is from manufacturing. The Calumet region ofo northwest Indiana is the largest steel producing area in the U.S.U Indiana’s other manufacturers include pharmaceuticals and medical devices, automobiles, electrical equipment, transportation equipment, chemical products, rubber, petroleum and coal products, and factory machinery.

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

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