Martin Luther King Jr. Drive

Home , Southern Indiana

martin luther king jr. drive

*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 Martin Luther King Jr Drive

Location 2955 Martin Luther King Jr Drive Indianapolis, IN County Marion County

Square Feet ± 5,543 SF

Price $250,000

Potental Uses offi ce, retail

PROPERTY DESCRIPTION

Previously a Chase Bank teller window location, this 5,543 +/- sq. ft. brick façade building has access from Dr. Martin Luther King Jr Drive and Eugene Street. Off heavily trafficked MLK Jr Drive are three separate entrances with ample parking for business or office lo- cations. The zoning classification is C-4 Community-Regional Commercial District (com- pact area). Current deed restrictions prevent a financial institution, but this building is perfectly suited for several professional office usages. Situated on a corner lot provides easy access to accommodate this busy street in Indianapolis. Lot size for this property is .68 acres (29,825 feet).

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

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 Mid- west, 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 LARGEST EMPLOYERS: trade. Compared to Indiana as a whole, the Indianapolis metro- Iu Health University Hospital politan area has a lower proportion of manufacturing jobs and a higher concentration of jobs in wholesale trade; administra- St. Vincent Hospital tive, support, and waste management; professional, scientifi c, Peyton Manning Children’s Hospital and technical services; and transportation and warehousing. The city’s major exports include pharmaceuticals, motor ve- Deloitte hicle parts, medical equipment and supplies, engine and power equipment, and aircraft products and parts.

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

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

6LWH0DS

'U0DUWLQ/XWKHU.LQJ-U6W,QGLDQDSROLV,QGLDQD &OLIW0DUNHWLQJ,QF 5LQJVPLOHUDGLL /DWLWXGH /RQJLWXGH

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

7UDIILF&RXQW0DS

'U0DUWLQ/XWKHU.LQJ-U6W,QGLDQDSROLV,QGLDQD &OLIW0DUNHWLQJ,QF 5LQJVPLOHUDGLL /DWLWXGH /RQJLWXGH

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

([HFXWLYH6XPPDU\

'U0DUWLQ/XWKHU.LQJ-U6W,QGLDQDSROLV,QGLDQD &OLIW0DUNHWLQJ,QF 5LQJVPLOHUDGLL /DWLWXGH /RQJLWXGH PLOHV PLOHV PLOHV 3RSXODWLRQ 3RSXODWLRQ 3RSXODWLRQ 3RSXODWLRQ 3RSXODWLRQ $QQXDO5DWH $QQXDO5DWH $QQXDO5DWH 0DOH3RSXODWLRQ )HPDOH3RSXODWLRQ 0HGLDQ$JH

,QWKHLGHQWLILHGDUHDWKHFXUUHQW\HDUSRSXODWLRQLV,QWKH&HQVXVFRXQWLQWKHDUHDZDV7KHUDWHRIFKDQJHVLQFH ZDVDQQXDOO\7KHILYH\HDUSURMHFWLRQIRUWKHSRSXODWLRQLQWKHDUHDLVUHSUHVHQWLQJDFKDQJHRIDQQXDOO\IURP WR&XUUHQWO\WKHSRSXODWLRQLVPDOHDQGIHPDOH 0HGLDQ$JH 7KHPHGLDQDJHLQWKLVDUHDLVFRPSDUHGWR86PHGLDQDJHRI 5DFHDQG(WKQLFLW\ :KLWH$ORQH %ODFN$ORQH $PHULFDQ,QGLDQ$ODVND1DWLYH$ORQH $VLDQ$ORQH 3DFLILF,VODQGHU$ORQH 2WKHU5DFH 7ZRRU0RUH5DFHV +LVSDQLF2ULJLQ $Q\5DFH

3HUVRQVRI+LVSDQLFRULJLQUHSUHVHQWRIWKHSRSXODWLRQLQWKHLGHQWLILHGDUHDFRPSDUHGWRRIWKH86SRSXODWLRQ3HUVRQVRI +LVSDQLF2ULJLQPD\EHRIDQ\UDFH7KH'LYHUVLW\,QGH[ZKLFKPHDVXUHVWKHSUREDELOLW\WKDWWZRSHRSOHIURPWKHVDPHDUHDZLOOEHIURP GLIIHUHQWUDFHHWKQLFJURXSVLVLQWKHLGHQWLILHGDUHDFRPSDUHGWRIRUWKH86DVDZKROH +RXVHKROGV +RXVHKROGV +RXVHKROGV 7RWDO+RXVHKROGV 7RWDO+RXVHKROGV $QQXDO5DWH $QQXDO5DWH $QQXDO5DWH $YHUDJH+RXVHKROG6L]H

7KHKRXVHKROGFRXQWLQWKLVDUHDKDVFKDQJHGIURPLQWRLQWKHFXUUHQW\HDUDFKDQJHRIDQQXDOO\7KHILYH \HDUSURMHFWLRQRIKRXVHKROGVLVDFKDQJHRIDQQXDOO\IURPWKHFXUUHQW\HDUWRWDO$YHUDJHKRXVHKROGVL]HLVFXUUHQWO\ FRPSDUHGWRLQWKH\HDU7KHQXPEHURIIDPLOLHVLQWKHFXUUHQW\HDULVLQWKHVSHFLILHGDUHD

317.752.2768 317.506.7885

www.rplux.com www.reliantpcr.com

([HFXWLYH6XPPDU\

'U0DUWLQ/XWKHU.LQJ-U6W,QGLDQDSROLV,QGLDQD &OLIW0DUNHWLQJ,QF 5LQJVPLOHUDGLL /DWLWXGH /RQJLWXGH PLOHV PLOHV PLOHV 0HGLDQ+RXVHKROG,QFRPH 0HGLDQ+RXVHKROG,QFRPH 0HGLDQ+RXVHKROG,QFRPH $QQXDO5DWH $YHUDJH+RXVHKROG,QFRPH $YHUDJH+RXVHKROG,QFRPH $YHUDJH+RXVHKROG,QFRPH $QQXDO5DWH 3HU&DSLWD,QFRPH 3HU&DSLWD,QFRPH 3HU&DSLWD,QFRPH $QQXDO5DWH +RXVHKROGVE\,QFRPH &XUUHQWPHGLDQKRXVHKROGLQFRPHLVLQWKHDUHDFRPSDUHGWRIRUDOO86KRXVHKROGV0HGLDQKRXVHKROGLQFRPHLV SURMHFWHGWREHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV

&XUUHQWDYHUDJHKRXVHKROGLQFRPHLVLQWKLVDUHDFRPSDUHGWRIRUDOO86KRXVHKROGV$YHUDJHKRXVHKROGLQFRPHLV SURMHFWHGWREHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV

&XUUHQWSHUFDSLWDLQFRPHLVLQWKHDUHDFRPSDUHGWRWKH86SHUFDSLWDLQFRPHRI7KHSHUFDSLWDLQFRPHLVSURMHFWHGWR EHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV +RXVLQJ 7RWDO+RXVLQJ8QLWV 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 9DFDQW+RXVLQJ8QLWV 7RWDO+RXVLQJ8QLWV 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 9DFDQW+RXVLQJ8QLWV 7RWDO+RXVLQJ8QLWV 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 9DFDQW+RXVLQJ8QLWV 7RWDO+RXVLQJ8QLWV 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 9DFDQW+RXVLQJ8QLWV

&XUUHQWO\RIWKHKRXVLQJXQLWVLQWKHDUHDDUHRZQHURFFXSLHGUHQWHURFFXSLHGDQGDUHYDFDQW&XUUHQWO\ LQWKH86RIWKHKRXVLQJXQLWVLQWKHDUHDDUHRZQHURFFXSLHGDUHUHQWHURFFXSLHGDQGDUHYDFDQW,QWKHUH ZHUHKRXVLQJXQLWVLQWKHDUHDRZQHURFFXSLHGUHQWHURFFXSLHGDQGYDFDQW7KHDQQXDOUDWHRIFKDQJHLQ KRXVLQJXQLWVVLQFHLV0HGLDQKRPHYDOXHLQWKHDUHDLVFRPSDUHGWRDPHGLDQKRPHYDOXHRIIRUWKH86 ,QILYH\HDUVPHGLDQYDOXHLVSURMHFWHGWRFKDQJHE\DQQXDOO\WR

317.752.2768 317.506.7885