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- Property available for purchase or ground lease.
- High visibility location found on an outlot of Lafayette Square Mall.
- 2000 ADT 31,285 cars.
- The parcel maintains road frontage and its own curb cut on to Lafayette Road.
- Note the recent designation of the subject being situated in a "CRED" area.
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| Narrative |
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The property measures approximately .75 net acres and is located on an outparcel of Lafayette Square Mall, which is owned by Simon Property Group and recently experienced a $15 million renovation. . The site is situated in a recently created "Community Revitalization Enhancement District" or "CRED." Qualified investments in this area may be eligible for tax credits equalling 25% of the qualified investment. We have posted a brief explanation of the CRED tax credit which was provided to us by the Indianapolis Department of Metropolitan Development through the Mayor's office. A map of the CRED boundary is also provided as a separate download. |
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| Site Plan |
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The property in located in front of Lafayette Square Mall on Lafayette Road. |
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| Aerial labeling surrounding retail |
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As you can see in the aerial, the property is located in close proximity to several prime national retailers. |
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| 5,7,10 Minute Drive Time Demographics Map |
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The attached map shows the area included 5, 7 and 10-minute drive times from the subject property. |
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| 5,7,10 Minute Drive Time Demographics Report |
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The attached report shows demographics for 5, 7 and 10-minute drive times from the subject property. |
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| CRED Tax Credit Explanation |
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This is a brief explanation of the CRED tax credit mechanics. Not all new investment in the CRED District will be eligible for the credits. The Indianapolis Advisory
Commission on Industrial Development will make any final determination regarding eligibility pursuant to IC 36-7-13. |
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| CRED Map |
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This map provided by the Indianapolis Department of Metropolitan Development depicts the CRED boundary. We have noted the approximate location of the subject property in red. |
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