Carmel Office for Sale

Property Subtype:

Medical

Date on Market:

2025-12-16

Fort Wayne Retail for Sale - Outlying Allen County

Southtree Commercial Real Estate is proud to exclusively offer for sale a newly renovated Hopebridge Autism Therapy Center located in Fort Wayne, Indiana. Secured by a 10-year lease, this medical office asset comprises 8,000 square feet of modern clinical space on a 1.16-acre parcel, representing a rare opportunity to acquire a long-term net leased investment in one of the Midwest’s most dynamic markets.

Property Subtype:

Freestanding

Date on Market:

2025-12-12

Portland Retail for Sale

• Newer Medical (2022) Construction, State-of-the-Art Fast Pace Urgent Care Location: Long-Term, NNN Lease with Approximately 13.5 Years of Term Remaining • Multiple 10% Rental Increases, Offering Continual Income Growth & Taking the CAP Rate to 7.21% by Year 2027 and 7.93% in Year 2032 • No Daily Management Responsibilities: Tenant Responsible for All Daily Management, Real Estate Taxes and Insurance • Corporately Backed, Single-Tenant Medical Necessity Location with Sought-After Well-Known National Tenant (275+ Current Locations in 6 States) • Highly Visible Signage with Excellent Frontage and High Traffic (17,155+ VPD) Surrounding the Property at the Main Intersection of Two Main Thoroughfares (Meridian and Votaw Streets) in Portland • Growing City: Ideal Demographics with Average Household Incomes of Approximately $83,000 Within a 10-Mile Radius • Direct Vicinity of Complimentary IU Jay Hospital, a Critical Access Hospital with Approximately 500 Employees, While Indiana University Healthcare System, Based in Indianapolis is a Regional Leader that Employs 38,000 Employees System-Wide • Low Price Point Deal, Ideal for 1031 Buyers with E-Commerce/ Recession Resistant Tenant - Urgent Care Industry Fast Approaching Being $40 Billion Annual Business • Surrounded by Rooftops, Other Favorable Medical Users, Retailers, Restaurants and Schools • Strong Employment Base: Tyson Foods Facility (455 Employees), FCC (Indiana), LLC (750+ Employees), Priority Plastics (140+ Employees), Motherson Sumi Systems, LTD/MSSL Wiring Systems (350 Employees) and ATI-Forged Products (150 Employees) • Advantageous Location with Easy Commutes to Downtown Fort Wayne (50 Miles), Dayton, OH (75 Miles) and Indianapolis (90 Miles): Additional Employment, Major Attractions and Airports in Each City • County Seat with Below National and State Levels for Cost of Living by BestPlaces, Making Portland an Extremely Affordable Place to Live

Property Subtype:

Freestanding

Date on Market:

2025-12-10

Evansville Retail for Sale - Eastside

SVN | The Martin Group is pleased to offer the exclusive opportunity to acquire Ella Plaza located at 303 N Green River Rd, a two-tenant neighborhood retail center located on a hard corner along Green River Rd (32,443 ADT) in the heart of Evansville, IN. The property is 100% leased to established national tenants with a long operating history at the center, providing a stable income stream and minimal landlord responsibilities under NNN leases. T-Mobile occupies 2,791 SF and Parlor Doughnuts occupies 3,521 SF. Located in the East Side submarket of the Evansville MSA along N Green River Rd, the center benefits from signalized access to the Lloyd Expressway and strong drive-by visibility. The trade area supports robust daytime demand with nearby employers, retail and services including Deaconess medical campuses, Eastland mall retail nodes, banks, grocery and national quick-service restaurants.

Property Subtype:

Freestanding

Date on Market:

2025-12-09

Indianapolis Retail for Sale - Speedway

Property Subtype:

Freestanding

Date on Market:

2025-12-07

Huntington Retail for Sale

Class A Two-Tenant QSR Center with Drive-Through | Built-to-Suit in 2016 for Hardee's & Subway | Adjacent to Huntington University and Across the Street from Walmart Supercenter and Huntington North High School    NNN Leases with Strong Franchisee Guarantees - Subway Systems, LLC is a 33-Unit Operator That Has Been in Business in the Greater Fort Wayne Area Since 1987 | Leases Also Guaranteed by Corporate (Subway IP, LLC) with 42,000 Locations Worldwide (2024 Revenue $9.1 Billion)    Located at the Signalized Intersection of US 24 & 224 (Combined VPD 31,248) | Site Offers Large Pylon Sign with Visibility from Highway | US 24 is the Main Artery Connecting to Fort Wayne   This Hardee’s Location is Ranked in the Top  16% of Hardee’s Nationwide, and the Top 5% in Indiana in Foot Traffic Per Placer.ai (Subway is Not Listed on Placer.ai) | Subway is a Relocation Store   Across from Huntington Plaza That Ranks in the Top 27% of Strip/Convenience Centers in the Nation and in the Top 22% in Indiana - with Dollar General, Harbor Freight Tools, O’Reilly Auto Parts, Maurices, Aaron’s | Located 1.8 Miles from Parkview Huntington Hospital    Landlord-Friendly Leases with Tenant Managing the Property | Multiple 5-Year Options with 8% Increases in Each    Across from Highly Trafficked Kroger and Tractor Supply Co | Kroger Ranks in the Top 14% Nationwide and Top 14% in Indiana | Tractor Supply Ranks in the Top 17% Nationwide and Top 18% in Indiana in Foot Traffic (Placer.ai)   Huntington is Located 25 Miles from Fort Wayne, Indiana’s 2nd Largest City, and is a Part of the Fort Wayne, IN MSA with 455,000 Residents

Property Subtype:

Fast Food

Date on Market:

2025-12-05

Michigan City Retail for Sale

BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio boasting a nearly 9 percent cap rate. A low-maintenance, multi-unit commercial property is in the heart of the booming Michigan City's midtown area. This classic building has been brought into modern times completely renovated in 2020 and 2022 from floor to ceiling. Perfectly positioned on a corner of the bustling Franklin Street, poised to capture maximum visibility and foot traffic, ensuring sustained profitability for years to come. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3-phase electric, all LED lighting, closed-cell insulation, Nova basement system, and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Long-term tenants have already established a solid foundation, providing a steady income stream from day one. Feel secure with an optometry practice established in 1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptionally high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-05-27

Evansville Retail for Sale - Northside/Airport

Please contact Dustin Javitch at 216-264-2025 for additional information.

Date on Market:

2025-12-03

Kendallville Retail for Sale

• Redcued! Newer Medical (2022) Construction, State-of-the-Art Fast Pace Urgent Care Location: Long-Term, NNN Lease with Approximately 13.5 Years of Term Remaining • Multiple 10% Rental Increases, Offering Continual Income Growth & Taking the CAP Rate to 7.21% by Year 2027 and 7.93% CAP in Year 2032 • No Daily Management Responsibilities: Tenant Responsible for All Daily Management, Real Estate Taxes and Insurance • Corporately Backed, Single-Tenant Location with Sought-After Well-Known National Tenant (275+ Current Locations in 6 States) • Highly Visible Signage with Excellent Frontage and High Traffic (17,000 VPD) Along Main Thoroughfare Through Kendallville • Growing City Targeted with Medical Necessity: Ideal Demographics with Average Household Incomes of Approximately $93,000 Within a 10-Mile Radius • 24/7 Wall St. Ranked Kendallville 33rd in “America’s 50 Best Cities to Live” and was the Only Indiana City to Make the List • Low Price Point Deal, Ideal for 1031 Buyers with E-Commerce/Recession Resistant Tenant - Urgent Care Industry Fast Approaching Being $40 Billion Annual Business • Surrounded by Rooftops, Other Complimentary Medical Users and Retailers, Restaurants and Schools (East Noble School District with 3,400+ Students and 200+ Employees) • Largest Regional Industry: Directly Across from Parkview Noble Hospital, Part of the Parkview Health Network, on a 60-Acre Campus (350 Employees), While Parkview Health Serves Northeast Indiana and Northwest Ohio with Over 15,000 System-Wide Employees, Making it the Region’s Largest Employer • Direct Vicinity of Major Employers (4 Miles): Manufacturing Corridor Includes Dow Corning Corp, Creative Liquid Coatings Inc., Aluminum Recovery Technologies, PFG Customized Distribution and Lakeside Book Company • Advantageous Location with Short Commute to Downtown Fort Wayne (30 Miles): Additional Employment, Major Attractions and Fort Wayne International Airport

Property Subtype:

Freestanding

Date on Market:

2025-12-02

Valparaiso Retail for Sale - Porter County

Marcus & Millichap is pleased to present the opportunity to purchase interest in a brand new, 15-Year Absolute Triple Net ground lease in Valparaiso, Indiana. This drive-thru location was built in 2025 and just opened for business. The lease insulates ownership from all landlord responsibilities, with the tenant paying operating expenses directly, while maintaining full responsibilities for all the improvements. Nestled between several exciting new development projects, this location is centrifugal to a flurry of retail activity occurring in Northwest Indiana. The building features 7Brew’s latest prototype design, with a welcoming double drive-thru stack that is ingeniously integrated into the building’s design lines. Valparaiso, Indiana, is part of the Chicago MSA, but offers a business-friendly alternative, with a lower cost of living, than most other Chicagoland submarkets afford. Area demographics are notably strong — with a population density of +58,000 people within a 5-mile radius, and average household incomes in excess of $110,000 annually. The lease is guaranteed by a 7 Brew franchisee with 7 other locations currently open for business. 7 Brew is a growing brand with 330 locations and a plan to accelerate development of new units. Northwest Indiana is a particular focus for them as they focus on their core strengths — a personalized customer experience characterized by speed, service and quality. This is a rare opportunity to own one of the last pieces of a core Valparaiso retail development, with the benefit of a long-term ground lease with significant scheduled rent growth over time.

Date on Market:

2025-12-01

Warsaw Retail for Sale

Lee & Associates is pleased to present the exclusive offering of a single-tenant Advance Auto Parts located at 1215 N Detroit Street in Warsaw, Indiana. The tenant, Advance Stores Company, Inc. (NYSE: AAP), operates under a corporate-guaranteed lease and has demonstrated long-term commitment to the site, having operated at this location since 2005. A recent early 10-year lease extension, executed in 2024, extends the term through December 2034, with three additional five-year options remaining. The lease is structured as modified NNN with landlord responsibilities limited to structure only.

Property Subtype:

Freestanding

Date on Market:

2025-12-01

Mishawaka Retail for Sale

Saltgrass Steak House is an American steakhouse chain owned by Landry's, Inc., known for its chargrilled Certified Angus Beef steaks, chicken, and seafood. Founded in Houston, Texas, the company operates 96 locations and counting across 14 states. Mishawaka is located on the St. Joseph River in northern Indiana, adjacent to the city of South Bend. Mishawaka, known as “the Princess City,” is a growing commercial city home to a growing population, major business expansion, and record-breaking new construction.

Property Subtype:

Restaurant

Date on Market:

2025-11-21

Lafayette Retail for Sale

• The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations • Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 10% rental increases every 5 years of the initial term and at the beginning of each option period, demonstrating their commitment to the site

Property Subtype:

Convenience

Date on Market:

2025-11-21

Indianapolis Retail for Sale - Lawrence/East County

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant, absolute NNN-leased Applebee’s in Indianapolis, IN, operated by Flynn Group and guaranteed by Apple American Group LLC. Apple American, the largest Applebee’s franchisee in the system, operates over 460 Applebee’s locations across 25 states and employs over 26,500 team members. Apple American Group is a subsidiary of Flynn Group, the third-largest restaurant operator in the United States, with over $5 billion in sales. Flynn Group operates Applebee’s, Arby’s, Taco Bell, Panera, Pizza Hut, Wendy’s, Planet Fitness, and 7 Brew with over 2,900 store units in 44 states and 3 countries. The tenant recently exercised an option early to extend the lease term to approximately 5.9 lease years. There are 7.5% rent increases every 5 years, with the next rent increase scheduled for October 2026. The store is ranked in the top 25% in the nation and top 17% in the state, with consistent sales growth over the last 5 years. The 5,230 SF casual dining restaurant is situated on a 1.34-acre parcel along E Washington Street (24,800 VPD) and is within half a mile from Interstate 465, which sees over 133,100 VPD. Nearby retailers include Kroger, ALDI, Chase Bank, Dollar General, Jiffy Lube, Firestone, Texas Roadhouse, Olive Garden, Taco Bell, Arby’s, and Steak ‘n Shake. The trade area is densely populated with over 210,600 residents within a 5-mile radius and an average household income of over $78,800 within a 1-mile radius.

Property Subtype:

Restaurant

Date on Market:

2025-11-17

Kokomo Industrial for Sale

The Marquis Group of KW Commercial Lafayette is pleased to present this NNN investment opportunity. The seller is looking to sell and lease back the property at $4,500/mo+NNN with a long term lease. The seller operates a regional HVAC company in Indiana. This building could be purchased with another property located at 1412 W Kirkwood, Bloomington, IN.

Date on Market:

2025-11-17

Bloomington Industrial for Sale

The Marquis Group of KW Commercial Lafayette is pleased to present this NNN investment opportunity. The seller is looking to sell and lease back the property at $5,250/mo+NNN with a long term lease. The seller operates a regional HVAC company in Indiana. This building could be purchased with another property in Kokomo located at 4602 W 100 N, Kokomo, IN 46901.

Date on Market:

2025-11-17

Roanoke Industrial for Sale - Outlying Allen County

Presenting an exceptional flex-office sale-leaseback opportunity at 12420 Stonebridge Road, Roanoke, Indiana. This modern 188,989-square-foot design center is situated on a sprawling 33-acre site near Fort Wayne, offering a blend of extensive office and industrial space. The property will be delivered with a new 12-month absolute NNN lease at closing, providing investors with immediate, stable income and minimal landlord responsibilities. Built in 2008, the facility features 160,144 SF of office space and 28,845 SF of industrial area, complemented by 232 parking spaces, 7 dock doors, and 1 overhead door—ideal for logistics and operational efficiency. The metal construction ensures durability and flexibility for a variety of business uses.

Property Subtype:

Manufacturing

Date on Market:

2025-11-13

Fort Wayne Retail for Sale - Outlying Allen County

The Klink Group of Marcus & Millichap, in conjunction with Acadia Commercial, is pleased to present for sale the Giordano’s located in Fort Wayne, Indiana. Built in 2020, the Subject Property is located off the intersection of Diebold Road and E Dupont Road, which is one of the busiest and highly-traveled corridors in the entire city and experiences +/-30,000 VPD. The immediate area is filled with numerous local, regional and national retailers, apartment complexes, and medical and traditional office buildings and directly across the street is the Parkview Health Campus, a +/-1M-square foot medical and hospital complex spanning 260 acres. The Property sits on 1.41 acres and in the entrance of a commercial development that contains Meijer, Smoothie King, Qdoba, Holiday Inn Express, Mike’s Car Wash, Valvoline and other retailers. This Giordano’s is being offered as an absolute, triple-net lease investment that will have a brand-new, 15-year lease signed upon closing; offering any incoming investor long-term investment passivity with zero landlord responsibilities. The lease contains 1.50% annual rental escalators throughout the base term of the lease and during each of the two, five-year renewal options; offering an increased return on the investment year-over-year. This is a great opportunity to own a passive, long-term, net-lease investment in a submarket that is experiencing accelerated residential and commercial growth.

Property Subtype:

Restaurant

Date on Market:

2025-11-05

Jeffersonville Portfolio of properties for Sale - South Clark County

THREE-BUILDING MEDICAL OFFICE PORTFOLIO Total of ± 34,313 SF - Three-Building Medical Office Sale-Leaseback located in the Louisville MSA - Attractive Return Profile – minimal landlord responsibilities with strong, stable cash flow - 10-Year NNN Lease Term providing passive income with 2.5% annual rental escalations - Established, Reputable Medical Practice with a strong presence both locally and nationally - Comprehensive Healthcare Services offered on-site, including Primary Care, Urgent Care, Lab, and Behavioral Health PROXIMITY TO LOUISVILLE MSA - Jeffersonville is part of the Louisville Metro Statistical Area (MSA), directly across the Ohio River from downtown Louisville, Kentucky. - The city benefits from seamless interstate connectivity via I-65, I-265, and I-64, providing immediate access to the Louisville CBD, airport, and regional distribution hubs. - Downtown Louisville is less than 10 minutes away, making Jeffersonville a prime location for businesses seeking metro access without the congestion or cost of the urban core. ECONOMIC & REGIONAL CONNECTIVITY - Jeffersonville anchors the Southern Indiana “Boom Corridor”, driven by the River Ridge Commerce Center, Port of Indiana–Jeffersonville, and growing logistics and advanced manufacturing sectors. - The completion of the Lewis and Clark Bridge (East End Crossing) has expanded direct cross-river access to Louisville’s eastern suburbs, reducing commute times and boosting commercial development. - The area attracts major corporate and institutional investment, including Meta’s $800M data center and expanding regional healthcare systems, both of which strengthen employment and population growth. MAJOR REDEVELOPMENT & PLACEMAKING PROJECTS Jeffboat Waterfront Redvelopment An 80-acre plan to transform the former Jeffboat shipyard into a large mixed-use riverfront project (marina, amphitheater, retail, office, residential and hotel components) is advancing through master-planning and early funding phases — a game-changing placemaking project for Jeffersonville’s riverfront. META’S $800 MILLION DATA CENTER DEVELOPMENT Transformational Regional Investment - In early 2024, Meta Platforms, Inc. (Facebook’s parent company) announced plans to build a $800 million, 700,000+ square-foot hyperscale data center within the River Ridge Commerce Center — a 6,000-acre master-planned business park located just minutes north of your property sites in Jeffersonville. - The project represents one of the largest private investments in Southern Indiana’s history and solidifies the region’s position as a technology and innovation hub within the Louisville MSA. - Meta’s Jeffersonville facility will join the company’s growing network of U.S. data centers, serving as a critical piece of its global infrastructure supporting platforms like Facebook, Instagram, and WhatsApp. Economic & Employment Impact - The project is expected to generate hundreds of construction jobs during its multi-year buildout and dozens of permanent high-tech and operations positions once completed. - River Ridge officials anticipate that Meta’s presence will attract complementary industries, including cloud services, fiber and energy suppliers, and advanced data infrastructure partners — further boosting the local economy. - With Meta’s global brand recognition, the investment also serves as a magnet for additional high-profile tenants seeking the same connectivity, logistics, and workforce advantages that drew Meta to the area.

Date on Market:

2025-11-03

Indianapolis Retail for Sale - North Shadeland

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Indianapolis, Indiana. The tenant, Take 5 Oil Change, signed a 11-year lease paying $99,000 in annual NOI with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Property Subtype:

Auto Repair

Date on Market:

2025-10-28

New Albany Retail for Sale

Fee Simple NNN CVS Property - 15+ Years of Guaranteed Lease Term Remaining - Rental Increases in each option - Outparcel to Hospital

Property Subtype:

Drug Store

Date on Market:

2025-10-28

Lafayette Retail for Sale

This corporately guaranteed Walgreens investment offers a stable, long-term opportunity with 7.5 years remaining on an absolute NNN lease, meaning no landlord responsibilities. The tenant has operated at this high-visibility, signalized intersection since 2008, benefiting from strong traffic counts and limited competition. It’s the only Walgreens within a 2-mile radius, with none for over 10 miles to the south and west. It offers a prime location near Purdue University and major employers like Subaru’s U.S. auto plant. The site is surrounded by dense residential communities and a growing population, making it a compelling choice for investors seeking reliable income and strong market fundamentals.

Property Subtype:

Drug Store

Date on Market:

2025-10-27

Kendallville Retail for Sale

This Walgreens investment features a corporate-guaranteed absolute NNN lease with 7.5 years remaining, offering complete passivity and long-term stability. The tenant has operated at this high-traffic location since 2008 and faces no nearby competition, with the nearest Walgreens over 10 miles away. Positioned along E North Street with strong visibility and over 18,000 vehicles per day, the site benefits from nearby retail drivers like Cornerstone Plaza and Publix Village Square, which attract nearly 2 million annual visitors. With a five-mile average household income of $80,851, this property combines reliability, strong demographics, and minimal competition.

Property Subtype:

Drug Store

Date on Market:

2025-10-27

Indianapolis Retail for Sale - Castleton

SRS National Net Lease is pleased to offer the opportunity to acquire a fee simple (land & building ownership) in an absolute NNN leased, corporate signed, Dutch Bros Coffee investment property located in Indianapolis, Indiana. The tenant, Boersma Bros, LLC recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for passive investors.

Property Subtype:

Fast Food

Date on Market:

2025-10-20