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

Evansville Office for Sale - Northside/Airport

Very Nice building in North Park. This retail/office building has been used by Ivy Tech for the past 30 years as auxiliary class rooms and training areas. The building could be converted for retail use or remain training/office use. The building has been well taken care of and has a roof that is only 4 years old. Ample parking and easy access to First Avenue.

Date on Market:

2025-06-24

Linden Retail for Sale

Date on Market:

2025-06-23

Fort Wayne Retail for Sale - North Fort Wayne

Introducing a prime opportunity at 5911 N. Clinton St., Fort Wayne, IN. This 2,740 SF building, built in 1963, offers a coveted location in the Northeast area. Zoned C2/Limited Commercial, this property boasts three access points and stands at the lighted, hard corner of W. Washington Center and N. Clinton. With exceptional visibility and accessibility, and high traffic counts (Washington Center: 21,280 VPD, N Clinton: 22,735 VPD), this property is ideal for a drive-thru or retail redevelopment. Offered at a competitive sale price of $995,000, this prime location presents a lucrative opportunity for retail users and developers.

Property Subtype:

Freestanding

Date on Market:

2025-06-20

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

Evansville Retail for Sale - Northside/Airport

Located at the corner of Morgan Ave. & Weinbach Ave. this 1934 SF retail space was formerly home to a service/convenience store. Close to Hwy 41, schools, businesses and residential. - Lot Size: 132 x 151 - Phase 1 completed - Lis & Tanks removed - Zoned C-4

Property Subtype:

Auto Dealership

Date on Market:

2025-06-11

Indianapolis Retail for Sale - Edgewood/South County

Property for sale as is

Property Subtype:

Bank

Date on Market:

2025-06-11

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

Fremont Retail for Sale

An exceptional investment opportunity awaits with this distinctive mixed-use property featuring a charming log cabin commercial building and separate residential home. Originally constructed as a private residence and thoughtfully converted into a restaurant, this property offers outstanding flexibility for continued commercial use or redevelopment into a variety of income-producing ventures. The main log cabin exudes rustic charm with its authentic wood construction and inviting ambiance, ideal for a restaurant, café, retail space, or professional office. Behind the commercial building sits a detached residence that provides an additional revenue stream through long-term rental, short-term leasing, or owner occupancy. Investment Highlights: Dual-income potential from both commercial and residential units Front log cabin previously operated as a successful restaurant Rear home offers reliable rental or staff housing opportunity Zoned for mixed-use, supporting a range of business and residential applications Strong location with high visibility and easy access Ample parking to accommodate both customers and tenants Versatile layout suitable for investors, business owners, or portfolio expansion This property represents a rare blend of character, functionality, and financial upside. With its proven commercial history, established infrastructure, and built-in rental potential, it offers investors a turnkey opportunity to generate income immediately while maintaining significant long-term growth prospects. The commercial building has an asking price of $400,000, while the home and the 4 acres behind it are listed at $450,000, bringing the total to $850,000. Documents for residential property for sale behind commercial building are included in documents tab. Link for commercial property flyer can be found in the links tab.

Property Subtype:

Restaurant

Date on Market:

2025-06-10

Logansport Retail for Sale

Horvath & Tremblay is pleased to present the exclusive sale of a two-tenant plaza located at 4124 E Market Street in Logansport, Indiana (the “Property”). The two-tenant plaza is improved with T-Mobile (corporate location) and McAlister’s Deli and contains 4,900 square feet. T-Mobile has 6 years remaining on their lease with two (2), 5-year renewal options. McAlister’s Deli has 9+ years remaining on their lease with two (2), 5-year renewal options. Both leases feature attractive rent increases throughout the primary lease and renewal options. The Property is extremely well-located at the signalized intersection of Yorktown Road and E Market Street, the area’s primary commercial corridor. The Property is positioned within The Junction, a large regional retail development anchored by Walmart Supercenter, The Home Depot andHome2 Suites by Hilton. The Junction also features junior anchors and smaller retailers as well as several restaurants. T-Mobile & McAlister’s Deli are poisoned at one of the entrances to The Junction directly in front of Home Depot. E Market Street has seen significant development over the past few years and is home to countless national and local retailers and restaurants and several nationally branded hotels, all of which drive traffic to the area and provide a built-in customer base. The Property offers convenient access to area schools, Downtown Logansport, US Highways 35 and 24, and Logansport Memorial Hospital.

Property Subtype:

Freestanding

Date on Market:

2024-01-12

Westfield Retail for Sale - Far North Hamilton Cnty

A 2023 construction Nest School located in Westfield – an explosive growth Indianapolis submarket with substantial population increases projected within a 1, 3, and 5-mile radius of the subject property over the next five years. The tenant just signed a 15-year corporate lease featuring 2% annual rental increases that is backed by an ultra-high net worth guarantor.

Property Subtype:

Day Care Center

Date on Market:

2025-05-27

Franklin Office for Sale - Far South Johnson Cty

Great Opportunity to own Completely Remodeled Downtown Franklin Office/Retail building in Prime location! Completely updated and turnkey this property offers 2 finished floors and over 3,200 Sq. Ft. of finished space w/ 2018 complete remodel and facade, along with new roof in 2020. Main level features large open concept with raised ceilings, to the rear is kitchen and bathroom. Upstairs features private offices, lobby area & conference room overlooking Jefferson St. Come check out this rare opportunity to own a piece of downtown Franklin Real Estate that is totally turn key! New Roof 2020. Tenant Rights Apply Through October 2026 Please Email for details.

Date on Market:

2025-05-22

Marion Retail for Sale

Downtown Investment Opportunity | CB-Zoned Mixed-Use Commercial Property Presenting a rare opportunity to acquire a high-visibility, CB-zoned commercial corner property in Downtown Marion, Indiana. Located just steps from the post office, this property benefits from consistent foot and vehicle traffic—making it a perfect fit for retail, office, restaurant, or mixed-use development. Zoning: CB (Central Business District) — offering exceptional flexibility for a wide variety of commercial uses, including: Retail stores Professional services Restaurants & cafés Co-working hubs Art studios Property Highlights: Ground Floor: Approx. 7,700 GSF total Basement: Approx. 4,600 USF (connected to Units 2 & 5) Upper Floor: Approx. 1,200 USF (included in Unit 4) Seven versatile commercial units Prominent corner lot with street frontage on both 3rd Street and Boots Street Two units include basement access for storage or expansion Unit Breakdown: Unit 1 – 3,120 SF | 201 W 3rd St | Rented - Gross Modified Lease, Month-to-Month Unit 2 – 1,400 SF | 308 S Boots St | Includes 4,200 SF basement Unit 3 – 1,400 SF | 310 S Boots St Unit 4 – 1,800 SF | 312 S Boots St | 1,400 SF ground level + 400 SF upstairs Unit 5 – 1,224 SF | 201 W 3rd St (Rear Access) | Includes 400 SF basement Unit 6 – 800 SF | 306 S Boots St Pro Forma Investment Potential: This property offers significant value-add upside for investors seeking strong returns and long-term growth. Based on Unit 1’s current lease at $5.77/SF, the remaining rentable square footage supports an estimated annual NOI of $51,353 at an 8.0% cap rate—excluding income from basement areas. This positions the pro forma valuation well over $500,000, creating a compelling entry point at the current market price. With room to improve unit quality, increase occupancy, and raise rental rates, this property presents a prime opportunity to capitalize on Marion’s evolving downtown landscape. Investor Highlights: Strong value-add upside through rent growth and property improvements Potential to tap into currently underutilized basement space for added revenue

Date on Market:

2025-05-20

Rensselaer Retail for Sale - Jasper County

Investment Opportunity. Well established, Ed White's Auto Sales, a versatile asset in a strategic location. In a rapidly developing area, this property and it's business assets offer significant potential for commercial use Located on US 231 for excellent visibility, attracting diverse business ventures. *Turnkey used car sales and service *US Hwy 231 Frontage *12' Clear Height in shop area One 10'x12' and one 10'x10' Drive in door Lighted Monument Sign 0.52 AC SEC of McKinley and Maple also available

Property Subtype:

Auto Dealership

Date on Market:

2025-05-19

Evansville Retail for Sale - Eastside

- Sale Price: $1,300,000 - Excellent visibility from Interstate 69 - Scenic lake close by for guests to enjoy - Ample amount of parking to accommodate any size crowd - Nearby businesses include several hotels, Texas Roadhouse, Cracker Barrel, and much more

Property Subtype:

Restaurant

Date on Market:

2025-05-16

Evansville Flex for Sale - Eastside

Excellent investment or owner-user opportunity in recently constructed property with retail and warehouse space. Includes an additional .23 acre lot currently used as employee parking. The approximately 6,200 square foot warehouse/office space has two of the building's three entrances. It features 15' clearance height and 20-foot beam spacing. The 3,000 square foot retail suite has wood laminate flooring and is currently leased to a beauty supply store.

Property Subtype:

Showroom

Date on Market:

2025-05-15

Salem Retail for Sale - Washington County

Excellent opportunity for professional office space on the busy Salem Square. Includes 1794 square feet of office space on the main floor and 1164 square feet of apartment living space on the 2nd floor with separate street access. Also 1794 sq ft of storage in the unfinished basement. Includes 13 space parking lot for off street parking in rear but plenty of parking available on the public square and side streets as well. Utilized as a busy solo practitioner law office with 2-5 staff the past 12 years. A single tenant occupied the newly renovated apartment for over 10 years ending May 2024. New metal roof and sprayed flat roof in 2014. Main office renovated in 2013 and well maintained. Upstairs living space was fully renovated in Spring 2025. Must see.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-05-02

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. 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

La Porte Retail for Sale

This 54-seat restaurant offers a rare opportunity to own a well-equipped space in downtown La Porte. Originally built in 1900, the property blends historic charm with modern functionality, making it ideal for an owner-operator or investor looking to step into an established setting. The restaurant is fully equipped with a bar and TVs, a 23-tap system (beer, wine, and nitro beer), and a commercial kitchen that includes a hood and Ansul system. The basement features two large walk-in coolers (7.5’x14’ for beer and 7.5’x20’ for food storage), along with a grease trap integrated into the kitchen floor. New operator will need to obtain liquor license. Security and fire monitoring systems are already in place. The main floor spans 2,200 square feet, with an additional 2,000 square feet in the basement, offering ample storage and prep space. The restaurant has two restrooms and a kitchen outfitted with two split A/C units for climate control. Major system updates include new plumbing and water lines in 2019, a new 200-amp electrical panel in 2018, and a water heater installed in 2019. Above the restaurant, a 1,200-square-foot, 2-bedroom, 1-bath apartment provides additional income potential and is currently operating as an Airbnb. The unit was updated in 2019 with new appliances, a water heater, A/C, and furnace, and includes a washer and dryer.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-02-18

Indianapolis Retail for Sale - Park 100

Property Overview: Position your business or portfolio for success with this prime retail opportunity located in one of Indianapolis’ highest-traffic corridors. Offering 13,068 SF of land area, this multi-tenant retail building is ideal for service providers, retailers, and investors seeking visibility, accessibility, and long-term upside. Located in the heart of the Park 100 Indianapolis Submarket, this asset benefits from heavy daily traffic, close proximity to major residential hubs, and easy connectivity to I-65 and downtown Indianapolis. Property Highlights: Building Size: 3,040 SF Land Size: 13,068 SF Parking: 10 spaces on-site Number of Units: 3 suites Suite A: 1,020 RSF (Previous use: Laundry) Suite B: 970 RSF (Previous use: Retail) Suite C: 1,300 RSF (Previous use: Retail) Zoning: Commercial C-1 Condition: Construction-ready for new tenants Market Area: Indianapolis Northwest / Park 100 Submarket Signage: Highly visible storefront signage Frontage: Excellent Michigan Road frontage near W 57th Street High Traffic Counts: Ideal for maximizing customer exposure Strategic Location: Only 3.6 miles to I-65 for quick highway access Less than 15 minutes to downtown Indianapolis Near densely populated residential neighborhoods including New Augusta, Greenbriar, and Wynndale/Spring Hill Pulls traffic from surrounding major retailers, restaurants, and established businesses in the Park 100 industrial and commercial hub Investment Potential: This is a rare opportunity to purchase a well-located retail center in a rapidly growing area with strong demographics and consistent traffic flow. Whether you're an investor seeking stable cash flow, or an owner-operator ready to customize suites to fit your business, this asset offers flexibility, visibility, and strong long-term value. Contact Leasing & Sales: leasing@sojoscapital.com 317-372-3491

Property Subtype:

Freestanding

Date on Market:

2025-04-28

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

Markleville Retail for Sale - Anderson/Madison Cnty

Step into a piece of Indiana history with the Hardy Building—an architecturally rich 1913 brick structure in downtown Markleville. Originally home to the area’s largest hardware store, this fully restored property now offers over 11,000 square feet of flexible space. The main level features a spacious open floor ideal for receptions, weddings, or community events, along with an adjacent annex, a prep area for caterers, and renovated restrooms. The updated second floor includes two private rooms, an open function area, and additional modernized restrooms, making it perfectly suited for private events and gatherings. Zoned for general commercial use, the building is also ideal for a dance or exercise studio, coworking space, or other creative business ventures. Positioned on a 0.91-acre lot with excellent visibility and accessibility, the Hardy Building offers timeless character, practical design, and endless potential for the next chapter.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-04-24

Lafayette Retail for Sale

High traffic area located in the proposed 5 Points redevelopment area. Potential for NDU zoning, which allows for Multi Use. The property features a 2-bed apartment on the top level, a retail space, warehouse space, and a freight elevator.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-04-16