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1222-1346 N State St
Greenfield, IN 46140

$13,850,000 USD

General Retail For Sale  •  84,056 SF

Property Details

  • Property Type General Retail
  • Total Building Size 84,056 SF
  • Lot Size 7.71 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 8.10 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
69 Walk Score

Highlights

93.77% Occupied Neighborhood Shopping Center | Indianapolis, IN MSA | 23 Miles from Indianapolis City Center
Four Buildings Total with Newly Developed Outparcel Buildings: AT&T (2016), Jimmy John's and Don Rigo (2015), McAlister's Strip Center (2023)
Value Add Components: Leasing up the Vacant Space, Increasing the Below Market Rents Over Time, and Converting Remaining Gross Leases to NNN

Property Flyers

Cap Rate: 8.10 %

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Indianapolis International 56 min - 37.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Damien Yoder 812-320-8483 Marcus & Millichap
Damien Yoder 812-320-8483 Marcus & Millichap