Indianapolis Retail for Sale - Uptown

Property Subtype:

Freestanding

Date on Market:

2025-12-18

Indianapolis Retail for Sale - Park 100

Sands Investment Group is pleased to exclusively offer for sale the 5,600 SF Michigan Road Animal Hospital located at 7720 Michigan Rd in Indianapolis, IN. The current lease includes annual CPI increases, providing a strong hedge against inflation, and the property’s zoning allows for a wide range of commercial uses. Together, these features create a highly attractive and flexible investment opportunity. In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918

Property Subtype:

Vet/Kennel

Date on Market:

2025-12-18

Madison Retail for Sale

This is an opportunity to take over a successful garden center business that has been operating in Madison for 25 years, so this sale will include inventory and an articulating Bobcat.

Date on Market:

2025-12-12

Silver Lake Retail for Sale

Fully functional Drive in Restaurant with all working parts and inventory. ** Comes with a liquor license**

Date on Market:

2025-12-12

Demotte Retail for Sale - Newton County

Sav-A-Lot and Dollar Tree Anchored. 1.26 AC and 0.92 AC Out lots available Central Shopping Hub. One half mile to I-65. 100% occupancy. Prime Investment Opportunity Sav-A-Lot and Dollar Tree anchored plaza. Central to Communities of Roselawn and Demotte, IN. One half mile to Interstate 65. 700' State Highway 10 Frontage. 100% leased. Out lots available subject to offer. Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape - the Sav-A-Lot and Dollar Tree anchored Lake Holiday Plaza. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region. Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far. The plaza is anchored by two major retail giants - Sav-A-Lot and Dollar Tree. Sav-A-Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, on the other hand, is a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere. Setting this plaza apart is its 100% leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers. In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue. Even with it’s current success, the plaza continues to evolve with available out lots. offering potential for further development, providing an opportunity for new businesses to establish themselves in this thriving community. Whether it's a new restaurant, a boutique, or a service-oriented business, these lots are ready to welcome new ventures that will add to the plaza's appeal.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-11

Cumberland Industrial for Sale - Hancock County

FOR SALE: 20,000± SF INDUSTRIAL BUILDING on 4.11± Acres total: consisting of 2.16± Acre parcel and 1.95± Acre parcel. • Building has 2,000± SF office area with 18,000± SF warehouse. • Building is currently used as a media production studio. • Building includes 5 private offices, well-equipped kitchen, 3 restroom/dressing rooms, large multi-use room, designated studio space with white cyclorama walls, and green cyclorama screen wall. • Two drive-in doors: 14’ x 14’; one each on the east and west sides of building. • Located just across the Marion/Hancock County line with easy access to the interstate system—5 miles (approximately 10 minutes) west to I-465 and 4.3 miles (approximately 4 minutes) north to I-70. • 15 miles (approximately 25 minutes) to Downtown Indianapolis and 26.9 miles (approximately 33 minutes) to the Indianapolis International Airport. • 1.5 miles (approximately 4 minutes) to Meijer and US 40 retail trade corridor west of site. • Pennsy Trail, an east-west trail that runs from Illinois to Ohio, is adjacent to the south border of the site. OWNERSHIP/TAX ADVANTAGES • Building appreciation and equity versus leasing • Tax shelters related to depreciating building improvements, mortgage interest and other operating expenses • Indiana’s Business Personal Property (BPP) Exemption under Senate Bill 1 (SB1) increases to $2,000,000 in 2026.

Property Subtype:

Showroom

Date on Market:

2025-12-10

Indianapolis Retail for Sale - Edgewood/South County

Located in Garfield Park, this hard corner offers excellent visibility and easy access to major corridors. This location benefits from steady neighborhood traffic and proximity to one of Indianapolis’s most active community hubs. C-5 zoning allows for a wide range of uses including Gas Stations, Retail, office, and auto related operations. Two-Tenant building on site was remodeled in 2025, offering a refreshed and functional space for a variety of business types. Well Positioned on the corner of Shelby and Troy this site is just minutes from I-465!

Property Subtype:

Freestanding

Date on Market:

2025-12-09

Lafayette Retail for Sale

Position your business on one of Lafayette’s busiest corridors. 3990 State Road 38 delivers excellent visibility, easy access, and prominent signage along a well-traveled commuter and retail route. The building features an efficient, open layout with ample natural light and surface parking. General Business (GB) zoning supports a wide range of uses—including medical/dental, professional office, service retail, showroom, fitness, and light flex—making this a versatile option for owner-occupants or tenants. Minutes to I-65, Veterans Memorial Parkway, and dense residential neighborhoods, the location puts you close to rooftops, employers, and daily-needs traffic. Ideally positioned on SR-38 in Lafayette’s south/east trade area, the site benefits from steady traffic, strong nearby neighborhoods, and quick regional access via I-65 and Veterans Memorial Parkway—easy for customers and staff from across Tippecanoe County.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-09

Elkhart Retail for Sale - Outlying Elkhart County

Existing Perkins turnkey operation, on pace for $1.6 million in sales in 2025, with the opportunity to acquire both real estate and business in one acquisition. A strategic investment for hospitality buyer or restauranteur, combining real estate value and ongoing cash-flow from an established business in a high- traffic node. Perkins franchise agreement runs through 2026 and can be renewed or allowed to lapse, providing flexibility for new owners. Local management and staff can stay in place permanently or through transition period to assure seamless continued operations. Highly synergistic hospitality environment: surrounded by numerous hotels, including the nearby Hampton Inn, Microtel Inn & Suites, Staybridge Suites, Four Points by Sheraton, Fairfield Inn & Suites, Hilton Garden Inn, Holiday Inn Express and Tru by Hilton.

Property Subtype:

Restaurant

Date on Market:

2021-10-08

Indianapolis Retail for Sale - Speedway

This freestanding building is ready for redevelopment. Excellent opportunity for an owner-user tenant to customize space.

Property Subtype:

Freestanding

Date on Market:

2025-12-07

Schererville Retail for Sale - Indiana

Oakside Plaza is a 28,245-square-foot service-based neighborhood center that is 100% occupied and sits on a main retail artery (US Hwy 41) with 39,470 VPD, located in an affluent bedroom community 30 miles outside of Chicago. Value-add opportunities include the ability to increase rents from the current under-market average of $12.67/SF, convert approximately 17% of gross leases to NNN as staggered lease terms rollover, and offset taxable income with Down Syndrome Association annual donation to landlord. Tax savings are not underwritten, but see agents for details.

Property Subtype:

Storefront

Date on Market:

2025-12-05

Evansville Retail for Sale - Westside

7.2 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | 8% Rental Increases Every 5 Years and in Options   Strategically Located in West Evansville’s Main Retail Corridor Along Lloyd Expressway, the City’s Main Thoroughfare with Exposure to a Combined 28,664 Vehicles Per Day   Surrounded by National Retailers: McDonald’s, Chick-fil-A, Walmart, Home Depot, Lowe’s, Schnuck’s Grocery, Aldi, Kohl’s, Starbucks, Chipotle, Culver’s, Verizon, T-Mobile, Olive Garden, Panera Bread, CVS Pharmacy. Taco Bell, O’Reilly Auto Parts, AutoZone, Valvoline and Many Others Only 2.5 Miles from University of Southern Indiana Main Campus, a 1,400 Acre Campus with 9,286 Student Enrollment Nearby Walmart Supercenter has 2.5 Million Visitors per Year | #1 Walmart in 30 Miles | Ranks in the Top 12% in State and Top 18% Nationally The Surrounding Centers, University Village and Evansville West Center Generate More than 2.6 Million Visitors per Year Located Across from Progressive Health Headquarters and Medical Offices with 500+ Employees and Peyton Manning Children’s Hospital Three Miles from Downtown Evansville, Indiana’s Third-Largest City | Evansville Metro is Growing and Maintains a Population of 317,000 Residents | Evansville is the Primary City in Southwestern Indiana Serving a Trade Area of 520,000 People

Property Subtype:

Fast Food

Date on Market:

2025-12-05

Batesville Retail for Sale

912 State Road 229 presents a premier NNN sale-leaseback opportunity with a nationally recognized quick-service restaurant operator. This 2,314 SF freestanding Church’s Chicken is strategically positioned along a high-visibility commercial corridor in Batesville, Indiana, offering stable, long-term cash flow backed by a seasoned operator. At closing, the tenant will execute a new 15-year absolute NNN lease, providing investors with zero landlord responsibilities. The initial monthly rent is $9,000, delivering strong income from day one, with a structure designed for long-term income growth. The lease includes one (1) five-year renewal option featuring 8% annual rent increases, ensuring consistent appreciation throughout both the initial term and option period. This asset is ideal for investors seeking durable, predictable returns, minimal management, and a recession-resilient tenant in the thriving QSR sector.

Property Subtype:

Fast Food

Date on Market:

2025-12-02

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

Lafayette Retail for Sale

Prime SR 38 E location near I-65 with excellent visibility and strong traffic (~39,000 VPD). 22,400 SF main building with 24' showroom plus 2,700 SF mezzanine with executive offices.

Property Subtype:

Auto Dealership

Date on Market:

2025-11-26

Indianapolis Retail for Sale - Edgewood/South County

100% Occupied 56,992 SF Shopping Center in Indianapolis, IN

Property Subtype:

Storefront

Date on Market:

2025-11-26

South Bend Retail for Sale - Greater South Bend

This 37,215 square foot former Kroger store presents the opportunity for a well-maintained big box retail center in a high-volume shopping center on South Bend's west side. The property offers proximal access to downtown South Bend, the US-20 Bypass, and the New Carlisle AWS & Samsung/GM developments. The property is surrounded by retailers such as 1st Source Bank, Dairy Queen, Taco Bell, CVS, Planet Fitness, Family Dollar, and more. The building features open retail space, rear warehouse area, and kitchen/freezer infrastructure from its use as a grocery store.

Date on Market:

2025-11-24

Gary Retail for Sale - Indiana

This freestanding retail/QSR property offers a prime opportunity for investors or owner-users seeking visibility and functionality in a high-traffic corridor. Located at the signalized intersection of Broadway and 9th Avenue, the site ensures consistent exposure and accessibility. The existing drive-thru infrastructure is ideal for quick-service restaurant operators aiming to capture high-volume customer flow. The flexible interior layout accommodates a range of retail concepts, making this asset adaptable to evolving market demands. With strong surrounding demographics, proximity to downtown Gary, and easy access to major highways, this property combines convenience with growth potential. Offered at $700,000, it represents a strategic investment in a market poised for revitalization.

Property Subtype:

Fast Food

Date on Market:

2025-11-21

Salem Retail for Sale - Washington County

Now available is a fantastic opportunity in the heart of Salem with this notable main street retail store. Previously home to a Backroads restaurant, this 3625 sq.ft. building features excellent parking and high-vis signage, making it perfect for a variety of food service or retail concepts. Situated on a spacious +/- 1.14-acre lot, this property boasts exceptional visibility and accessibility, especially for visitors to the bustling are of downtown Salem Indiana. With a zoning designation of B-2, the possibilities for future use are expansive, allowing you to fully capitalize on the thriving retail environment. Don't miss your chance to invest in this strategic location-ideal for launching or expanding your business in a growing community.

Property Subtype:

Freestanding

Date on Market:

2025-11-21

Elwood Retail for Sale - Anderson/Madison Cnty

This unique commercial property offers 1,920 sq. ft. of flexible space right in the heart of downtown Elwood. Currently set up for office use, it provides an ideal layout for professional services such as a law office, insurance agency, or any growing business needing additional space. Located within walking distance of the hospital, city building, and other downtown amenities, this property combines convenience with visibility in a prime location. Don’t miss the chance to establish your business in a growing community!

Property Subtype:

Freestanding

Date on Market:

2025-11-20

Muncie Retail for Sale - Muncie/Delaware County

Prime location less than 100 feet from Ball State University's main entrance. Features include national tenant Jimmy Johns long term lease with increases through 2036, large upstairs 3BR 2BA luxury student housing apartment leased through July 22 2027. Included in the sale is partial ownership of parking lot behind property. Surrounded by Ball State University's $450M+ revitalization program including a new theatre (1 block), Center for Innovation and Collaboration (next door), 17 new attached townhomes (1 block) and additional student housing developments (next to theatre). Adjacent corner property (1612-1624 W University Ave.) including 5 retail spaces with national tenants including Insomnia Cookies and Wild Side Smoke Shop can be purchased for an additional $2.1M. I am the owner, I am not a realtor and I have no partners. Serious inquiries only.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-20

Indianapolis Retail for Sale - Park 100

Incredible opportunity on a Corner Lot on Michigan Road! This sprawling property has over 8,000 Square Feet and even has a separate Office space that is like its own little guest house. Not many places in the area offer this much square footage, updates, and amount of land as this place does (.87 acres). Perfect for general office, medical therapy, daycare/school....you name it! Zoned C3 it has many uses it can be. Plenty of parking and easy access. Great Street Frontage for advertising your business. Very little updates that need to occur with this building. Come see quick for this great opportunity!

Property Subtype:

Day Care Center

Date on Market:

2025-11-17

Zionsville Office for Sale - Boone County

Incredible Opportunity with an office building in Zionsville that has well over 14,000 SF! There are not many buildings in the area that have this amount of square footage, high ceilings, character, and overall architecture as this building does. Uses for the building could be general office, medical/therapy, school/daycare, you name it! Just two minutes down from the new Retail/Residential development "The Farm" at 116th and Michigan. The property sits on 1.35 acres with wooded back lot and has plenty of parking. Business owners come look at this one quickly...not many like this around!

Date on Market:

2025-11-17

Lowell Retail for Sale - Indiana

Positioned on the high-visibility corridor of E Commercial Avenue in Lowell, Indiana, this retail property offers a compelling owner-user investment opportunity. The site spans 0.88 acres and includes a 9,120 SF building, of which 7,560 SF is vacant and ready for immediate use. An additional 1,560 SF is leased to Subway, a long-standing tenant with a 20-year occupancy history, providing stable income and co-tenancy appeal. Built in 1971 and zoned B-2, the property benefits from strong traffic counts and proximity to national retailers such as McDonald's, Walgreens, Strack & Van Til, and Dunkin'. The site includes a side delivery door for operational convenience and is located in a rapidly growing market with favorable demographics—average household incomes exceed $100,000 within a 3-mile radius, and the surrounding population tops 21,000 within 5 miles. This asset is ideal for investors seeking a blend of immediate usability and income stability, or for businesses looking to establish a presence in a thriving retail corridor with excellent visibility and access.

Property Subtype:

Storefront

Date on Market:

2025-11-17