Indianapolis Retail for Sale - Edgewood/South County

Marcus & Millichap is pleased to present qualified investors with a rare opportunity to acquire a corporate-backed, double-net leased asset in one of Indianapolis’ most active commercial corridors. Strategically located along US Highway 31 S, the property benefits from exceptional visibility and exposure to over 37,000 vehicles per day, while sitting between two major retail destinations that attract more than 31 million annual visitors within a 1.5-mile radius. The site is surrounded by a dense concentration of national retailers including Target, Walmart, Home Depot, Lowe’s, Kohl’s, Dick’s Sporting Goods, TJ Maxx, Marshalls, Ross, JC Penney, and Floor & Decor. Additionally, the property is directly across from and adjacent to major automotive dealerships such as Toyota, Chevrolet, Kia, and Honda, contributing to a robust and consistent customer base. The lease is backed by T-Mobile USA, Inc. (NASDAQ: TMUS), the second-largest wireless carrier in the U.S. with over 130 million subscribers. Originally operated as a Sprint store, the site was fully remodeled following T-Mobile’s acquisition of Sprint in April 2020, with all improvements completed at the tenant’s sole expense. The tenant has continued to invest in the property, including a recent HVAC upgrade, and recently extended the lease by one year with a total 1.5 Years now remaining and an additional one-year option that includes scheduled rent increases — a strong signal of their long-term commitment to the location. The lease structure is double-net, with the landlord responsible only for the roof and structure. The roof carries a 10 Year Roof Warrant with 5 Years remaining minimizing future capital exposure and enhancing the property’s passive investment profile.

Property Subtype:

Freestanding

Date on Market:

2025-10-09

Muncie Retail for Sale - Muncie/Delaware County

Property Subtype:

Fast Food

Date on Market:

2025-10-02

Muncie Retail for Sale - Muncie/Delaware County

Property Subtype:

Fast Food

Date on Market:

2025-10-02

Greenfield Retail for Sale - Hancock County

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 1010 N State St, Greenfield, IN 46140. The site consists of roughly 2,365 rentable square feet of building space on an estimated 0.45-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $76,899 and has scheduled increases of 1.50% annually.

Property Subtype:

Restaurant

Date on Market:

2025-09-25

Danville Retail for Sale - Hendricks County

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 3 Old Farm Rd, Danville, IN 46122. The site consists of roughly 2,501 rentable square feet of building space on an estimated 0.73-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $78,293 and has scheduled increases of 1.50% annually.

Property Subtype:

Restaurant

Date on Market:

2025-09-19

Shelbyville Retail for Sale - Shelby County

The CBRE Net Lease Property Group is pleased to offer for sale the 9,966-square-foot Cracker Barrel Old Country Store situated on 3.17 acres in Shelbyville, IN - a component of the Indianapolis, IN MSA (population: 2.18M+). Cracker Barrel's absolute NNN lease features ±14.4 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.

Property Subtype:

Restaurant

Date on Market:

2025-09-18

Fishers Retail for Sale - Fishers/Geist

This well-positioned CVS Pharmacy sits at a high-visibility, signalized intersection in the heart of Fishers, Indiana—one of the state’s fastest-growing suburban communities. The CVS features a drive-thru pharmacy, a fully operational MinuteClinic, and a modern HealthHub, offering expanded healthcare services to the community. This location combines convenience, accessibility, and tenant strength in a densely populated and economically vibrant area.

Property Subtype:

Drug Store

Date on Market:

2025-09-03

Fort Wayne Retail for Sale - North Fort Wayne

Introducing JUNGLE GEORGE’S BUILDING at 4780 NORTH CLINTON STREET, FORT WAYNE, INDIANA 46825 - a stellar investment opportunity! This brand-new 19,000 square feet NNN building, completed in December 2024, is a prime asset fully leased to the renowned tenant, Jungle George.? Perfectly situated for visibility with over 40,000 vehicles passing by daily, the property guarantees exceptional exposure on Parnell Avenue, Clinton Street, and Coliseum Boulevard.? This investment gem offers a solid NOI of $192,000 and an attractive 7.84% cap rate.? With a 100% occupancy and a true NNN lease structure in place for the next decade, this property provides a hassle-free investment with impressive income potential.? Don't miss out on this opportunity to own a high-quality asset in a thriving commercial location on Fort Wayne’s sought-after North side.? Property Video: https://youtu.?be/TZDQM6X8Ybc?si=vtaAyH7oi52E9mvA Jungle George’s Video: https://youtu.?be/6w2cr5v3gXo?si=DZO34Gu3-8OH0IS6

Property Subtype:

Freestanding

Date on Market:

2025-08-27

Greenfield Retail for Sale - Hancock County

• The lease is 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 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period • Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largers private companies

Property Subtype:

Convenience

Date on Market:

2025-08-07

Indianapolis Retail for Sale - Castleton

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 8224 Bash Street in Indianapolis, Indiana (the “Property”). The build-to-suit Property was constructed in 2000, and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options. The lease features attractive 1.5% annual rent increases throughout the primary lease term and renewal options. The Property is exceptionally well located along Bash Street and is adjacent to E 82nd Street, the area’s primary commercial and commuter corridor. The well-maintained Property is positioned in the heart of a commercial district surrounded by national and local retailers and restaurants, and office and manufacturing facilities that drive traffic to the area. The Property is also close to densely populated residential neighborhoods, large apartment communities, and area schools that provide a built-in and captive customer base. The Property is seconds from Castleton Square, a large, enclosed shopping mall, and Community Hospital North, and is convenient to area highways. Best Friends Pet Care is on the northeast side of the city approximately 12.5-miles from Downtown Indianapolis.

Property Subtype:

Vet/Kennel

Date on Market:

2025-06-25

Indianapolis Retail for Sale - North Shadeland

F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 15,012 SF Walgreens located at 11020 Pendleton Pike Lawrence, IN. The property is being offered at a 7.01% CAP rate and is in an Opportunity Zone. Property is located directly off HWY 36.

Property Subtype:

Drug Store

Date on Market:

2025-06-13

South Bend Retail for Sale - Greater South Bend

This freestanding Walgreens property offers a rare opportunity to acquire a long-term, absolute NNN leased asset in South Bend, Indiana. Built in 2005, the ±14,820 SF building sits on a ±2.14-acre parcel at the high-visibility intersection of West Cleveland Road and North Bendix Drive, with direct exposure to the Indiana Toll Road. The site benefits from strong traffic counts exceeding 26,000 ADT and a dense trade area of over 115,000 residents with an average household income of $76,000. The property is strategically positioned adjacent to Aldi and Goodwill, with Meijer and Super Walmart nearby, ensuring consistent consumer traffic. Walgreens, ranked among Fortune’s “World’s Most Admired Companies,” operates under a 75-year lease with an absolute NNN structure, providing investors with zero landlord responsibilities. The current lease term extends until May 31, 2080, with the next termination option in 2030, offering exceptional stability. Base rent is $26,775 per month, generating a strong NOI of $321,300 and a competitive 11.08% cap rate. This investment combines credit tenancy, long-term income security, and prime location fundamentals, making it an ideal addition to any portfolio seeking reliable cash flow and minimal management obligations.

Property Subtype:

Drug Store

Date on Market:

2025-09-08

Portfolio of properties for Sale - East Jackson County

Seneca Real Estate Group, in co-operation with Northmarq Commercial, is pleased to present to qualified investors the opportunity to acquire a six-property Walgreens stores spanning Missouri, Michigan, Indiana, Illinois, North Carolina, and Wisconsin (“The Portfolio”). Leased to Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the Portfolio offers investors a diversified income stream supported by Walgreens’ long-term occupancy, with all six locations operating continuously for over 20 years—demonstrating consistent demand and stable tenancy across the Portfolio. Each Property is a freestanding, high-visibility location situated on a signalized hard corner with strong traffic counts and entrenched retail demand. The Portfolio combines stable, in-place cash flow with strategic lease rollover creating a compelling mix of downside protection and value-add upside. For more information, please download the Portfolio OM or contact LA directly.

Date on Market:

2025-05-01

Evansville Retail for Sale - Eastside

We are pleased to market for sale the Walgreens property located at 925 South Green River Road, Evansville, IN 47715 (the “Property”). The current lease term runs through November 30, 2029, with twelve (5-year) renewal options. Walgreens operates under a absolute net lease, which provides for no landlord obligations whatsoever and calls for rental increases every 5 years for the first four options. According to Placer.ai, this location ranks 1st in most visited Walgreens locations in a 10 mile radius (amongst 6 other Walgreens locations). The Property is located less than 1 mile from Ascension St. Vincent Evansville, a hospital with approximately 508 beds, and 3.3 miles from Deaconess Gateway Hospital, which has approximately 250 beds. Within a 1-mile radius there is 2 million square feet of retail as well as the Eastland Mall located less than 2-miles north, a 1 million square foot center anchored by JCPenney, Dillards's and Macy's. The Property reports strong sales and includes a Labcorp patient service center, which provides diagnostic testing services and contributes additional customer traffic to the site. Evansville serves as the headquarters for several major employers, including Berry Global Group (a Fortune 500 company), Old National Bank, Koch Enterprises, and Jasper Engines & Transmissions. Other notable employers in the region include the TJ Maxx Distribution Center and Toyota Motor Manufacturing Indiana. Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, IN DRE Lic. RB14037939.

Property Subtype:

Drug Store

Date on Market:

2025-04-30

Princeton Retail for Sale - Gibson County

We are pleased to market for sale the Walgreens property located at 1915 W Broadway St, Princeton, IN 47670 ("The Property"). Walgreens has been operating at the site for 16 years and has ±8 years of firm term remaining before the option periods. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations whatsoever. Located less than 1 mile from the Property, Gibson General Hospital, part of the Deaconess Health System, serves as the area’s leading medical facility. The hospital provides 24-hour emergency care, outpatient services, and a full spectrum of specialty care to Gibson County and the surrounding region, making it a significant demand driver for pharmacy services. The Property is the only Walgreens location serving the city of Princeton, with the next nearest Walgreens pharmacy located over 22 miles away. The Property is situated near one of the Midwest’s most important industrial employers, Toyota Motor Manufacturing Indiana (TMMI). The facility employs over 7,000 people and has produced more than 6 million vehicles since opening. With over $1.3 billion invested in recent expansions, including electric vehicle production, TMMI continues to play a central role in Princeton’s economy and long-term growth trajectory. In addition to TMMI, the surrounding industrial base includes over 4.2 million square feet of industrial space within a 5-mile radius. Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, IN DRE Lic. RB14037939.

Property Subtype:

Drug Store

Date on Market:

2025-04-28

Lafayette Office for Sale

Dustin Zufall and Jim Pitoukkas are excited to offer for sale this investment offering consisting of a 100% occupied net leased class A office building occupied by Wabash. The subject property serves as the headquarters for Wabash, a publicly traded company which began right here in Lafayette, IN. Wabash has evolved into a leading provider of diverse solutions that optimize their customers’ supply chains across transportation, logistics, and infrastructure markets. Since humble beginnings, Wabash has grown to annual revenues approaching $2 billion and being recognized by Forbes in 2024 as one of America’s Most Successful Small Companies.

Date on Market:

2025-04-22

Columbus Industrial for Sale

TRP Laboratories | Long Term Absolute Net Lease w/ 3.50% Annual Increases | Leader in Transportation Sciences | Within a Key Industrial and Manufacturing Hub | In Close Proximity to Major Freeways and Highways | Near Cummins Columbus Engine Plant Indiana Broker of Record: Josh Caruana | 600 East 96th St., Ste. 500 Indianapolis, IN 46240 | P: (317) 218-5300 | Lic #: RB14034355 | Josh.Caruana@MarcusMillichap.com

Property Subtype:

Manufacturing

Date on Market:

2025-04-09

Lafayette Retail for Sale

Chick-fil-A is the third largest quick-service restaurant in the United States, with more than 3,160 restaurants across the United States, Canada, and Puerto Rico. Chick-fil-A reports average unit sales volumes of $9.4 million.

Property Subtype:

Fast Food

Date on Market:

2025-03-06

Palmyra Retail for Sale - Harrison County

Seller Financing potentially available. Contact broker for more information. Transwestern National Net Lease | Sale Leaseback Group is pleased to present for sale a fee simple interest in a single tenant, Family Dollar located in Palmyra, Indiana. The building was build to suit in 2023 and consists of 10,500 square feet on 1.14 acres. Family Dollar’s lease commenced on 9/14/2023 and there are 8 years remaining on the primary term. The property sits on a high traffic street, with daily vehicle counts of 7,550. Located only 20 miles from downtown Louisville, KY, Palmyra has experienced steady population growth for a rural community, with easy access to a bustling major metropolitan area. With a cost of living 10% below the national average, the Louisville MSA has had an influx of new businesses and residents, growing their population to over 1.36M. Family Dollar was acquired in 2025 by Brigade Capital Management, Macellum Capital Management and Arkhouse Management who took the brand private as a standalone company again. Headquartered in Chesapeake, VA Family Dollar’s fiscal sales for 2023 exceeded $11 Billion and they currently operate more than 7,500 locations. Broker of Record Brad Teitelbaum Bellagio Real Estate Partners IN Lic#RB20001341

Property Subtype:

Convenience

Date on Market:

2025-02-12

Bloomington Retail for Sale

5,494 SF Office Building located on Bloomington's West-Side. Prime location with lots of visibility and road frontage. Building is Mixed-Use with multiple updates and renovations and features 30,000 square feet of site pavement. Building is currently leased by MedExpress, triple net lease in place and several years remaining with options to extend.

Property Subtype:

Storefront

Date on Market:

2024-11-11

Muncie Retail for Sale - Muncie/Delaware County

Well located Advanced Auto Net Leased property in Muncie IN. 7000 square foot building built for Advanced Auto. Tenant recently signed a lease extension for five years and then in restructuring the corporation closed several hundred locations including this site. Lease is still active and tenant paying despite the property being "dark". 9.16 Cap rate on rents of $50,400 per year until 8-31-29. Well maintained building with plenty of parking. Located just south of CVS and Walgreens in a strong retail corridor.

Property Subtype:

Freestanding

Date on Market:

2024-09-30

Evansville Office for Sale - Eastside

Immaculately maintained and professionally managed two story Class B office building on Evansville's Eastside. The property comes with monument signage and has a warehouse with a receiving dock that occupies the west 3,297 SF with a full-height 22’ ceiling. This property has fiber phone and internet access with AT&T. The parking lot was resurfaced in 2019 and property sign was converted to LED lighting in 2022. Financial and lease information available by signed confidentiality agreement. Please contact me direct via email, kennewcomb@fctuckercommercial.com, not through marketing websites.

Date on Market:

2024-06-14

Whitestown Industrial for Sale - Boone County

The Offering Opportunity to acquire fee-simple interest in a 679,108 SF Class A+ institutional quality, cross dock, single-tenant NNN industrial property 100% leased to ITS Logistics (their Flagship Facility for the Midwest and East). Echo Global Logistics signed definitive agreement to acquire ITS Logistics. The combination will create one of the leading transportation and logistics platforms with proforma 2025 revenue of approximately $5.4 Billion, expanding Echo’s scale while accelerating the evolution of ITS’s differentiated solutions through Echo’s technology platform. ±679,108 SF is leased to ITS Logistics, LLC with 7.00 years of remaining term at a rent that is currently approximately 5% below market and has strong 3.33% annual rent escalations. The lease includes two (2), five (5) year renewal options at fair market value with a minimum 9 months’ notice provision. The tenant is a Third-Party Logistics Provider (3PL) and uses the building for distribution, warehousing and transportation to service their existing customers and future customers in the services retail, apparel, home goods, e-commerce, food & beverage, and healthcare sectors with both asset-based and asset-lite logistics solutions. The Indianapolis market is ITS Logistics’ strongest pipeline and business focus for 2026. Investment Highlights OPPORTUNITY TO ACQUIRE CLASS A+ INDUSTRIAL BUILDING IN TOP PERFORMING SUBMARKET IN MIDWEST (±2% VACANCY RATE) — State-of-the-Art Features Meet the Current and Future Demands of High-Flow Logistics and Manufacturing Operations — Located Within the Highly Desirable Whitestown Submarket in Northwest Indianapolis – Top Performing Submarket in Midwest- 325% Absorption Rate in 2025. The Northwest submarket was far and away the best performing submarket in Indianapolis in 2025 - responsible for 4.14 million SF (33%) of the 12.5 million SF of Net Absorption in Indianapolis. — Northwest Submarket of Indianapolis is at 98% Occupancy which bodes very well for Strong Rental Growth — Extremely Low Vacancy — Uniquely Located Equidistant to the Executive Workforce Pools (Zionsville / Carmel) and Excellent Labor Pools (Speedway / 38th Street) STABILIZED INDUSTRIAL OFFERING WITH STRONG MARKET FUNDAMENTALS — The Class A+ modern bulk building features include 40’ clear height, a total of seventy (70) 9’ x 10’ insulated mechanically operated dock doors (+51 Knock-Outs), and four (4) motor operated insulated Drive-In Doors, ESFR sprinklers (fire pump included), cross-dock configuration, 135’ Truck Courts depth, LED lighting and a total of ±19,467 SF of high quality office space with the latest design features in mind. — Its immediate proximity to Exit 130 and Exit 132 gives the building unmatched interstate access to I-65. Also, as compared to the balance of Whitestown buildings, it is located closer to the core pocket of amenities in the master-planned Anson development and the most sought-after labor pool in Indianapolis.

Date on Market:

2026-03-03

Goshen Portfolio of properties for Sale - Outlying Elkhart County

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a five-building, fee-simple light manufacturing and warehouse campus located at 3352, 3249, and 3125 Maple City Drive, 2761 Firethorn Drive, and 2758 Elder Drive in Goshen, Indiana, leased to Patrick Industries, Inc. The Property consists of approximately 153,848 square feet situated on 16.88 acres across multiple land parcels in the heart of Elkhart County’s nationally recognized manufacturing corridor. The campus has been occupied by Patrick Industries since 2014 and has remained integrated within the company’s northern Indiana operating platform for more than a decade. Patrick has exercised both renewal options under the lease, most recently in June 2024, and retained all five buildings with no reduction in footprint, reinforcing the Property’s continued importance within the company’s regional operations.

Date on Market:

2026-05-06