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Avenue at Delaware Park | Fishers, IN 8711 106th St 15,676 SF 100% Leased Retail Building Fishers, IN 46037 $14,115,031 CAD ($900.42 CAD/SF) 6.10% Cap Rate



Executive Summary
The Avenue at Delaware Park is a rare opportunity to acquire a brand-new, high-quality retail investment in Fishers, Indiana—one of the fastest-growing and most affluent suburbs in the Midwest. Delivered in 2025, this 100% leased, 15,676 SF center is anchored by a dynamic mix of experiential, service, and medical tenants, creating durable, internet-resistant cash flow. The property features long-term NNN leases with scheduled rent growth and a 9.91-year WALT, offering immediate stability.
Strategically positioned near I-69 and surrounded by top national retailers, the asset benefits from exceptional visibility, strong traffic, and average household incomes exceeding $130,000 within three miles. This investment is a premium, new construction asset in a supply-constrained market with long-term demographic tailwinds and significant appreciation potential.
Strategically positioned near I-69 and surrounded by top national retailers, the asset benefits from exceptional visibility, strong traffic, and average household incomes exceeding $130,000 within three miles. This investment is a premium, new construction asset in a supply-constrained market with long-term demographic tailwinds and significant appreciation potential.
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- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
15,676 SF
Year Built
2025
Price
$14,115,031 CAD
Price Per SF
$900.42 CAD
Cap Rate
6.10%
NOI
$861,016 CAD
Percent Leased
100%
Building Height
1 Story
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-14-12-021-005.005-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $8,864 CAD | Total Assessment | $8,864 CAD |
Property Taxes
Parcel Number
29-14-12-021-005.005-006
Land Assessment
$8,864 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,864 CAD
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Avenue at Delaware Park | Fishers, IN | 8711 106th St
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