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Fully Leased Retail Center
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1029-1051 N State St, Greenfield, IN

Fully leased retail center near Hancock Health Hospital.

Property Size33,090 SF
Lot Size4.26 Acres
Price / SF$192.73
Days on Market440

Property Features for 1029-1051 N State St

General Information

Standard status Active
Size 33,090 SF
Lot size 4.26 Acres
Property subtype RETAIL
Listing Agency: Veritas Realty
Listed By: Jon Bannister · License #RB19001231
Source: Moodyscre
Added: Jun 16, 2025 Changed: Aug 17 Last Checked: Aug 26 at 12:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Veritas Realty

Investment Insights

Based on property information with market context.

Northgate Plaza is a fully leased, 6-unit neighborhood retail center located in Greenfield, Indiana, within the Indianapolis MSA. The property is situated just north of the main Hancock Health Hospital and surrounded by a host of national retailers on N. State St, which experiences a traffic volume of 28,000 vehicles per day. This location provides prime visibility and accessibility. The center is anchored by O’Reilly Auto Parts, which recently completed a 10-year early renewal. The mix of established tenants and high traffic ensures a steady income stream and strong draw for local shoppers. The property contains 33,090 square feet and is suitable for investors seeking stability and upside.

Key Highlights

  • Fully leased 6‑unit neighborhood retail center.
  • Anchored by O’Reilly Auto Parts with a recent 10‑year early renewal.
  • Located near Hancock Health Hospital and national retailers.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Electrical Service Carpet & Flooring Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail center near Hancock Health Hospital.
Where is this strip mall located?
The property is located at 1029-1051 N State St Greenfield, IN.
What is the asking price?
The asking price for this property is $6,377,592.
What are key features of this property?
This property features: Fully leased 6‑unit neighborhood retail center.; Anchored by O’Reilly Auto Parts with a recent 10‑year early renewal.; Located near Hancock Health Hospital and national retailers.
(317) 493-1267 Call to check price and availability
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