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Northgate Shopping Center Investment
For Sale
Contact for pricing
Pending

1129 N State St, Greenfield, IN 46140

Fully occupied retail center with NNN leases, prominent signage, and access to a major interstate corridor.

Property SizeContact for details
Days on Market142

Property Features for 1129 N State St

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants O'Reilly Auto Parts, Fresenius
Traffic Count 29,100 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Michael Carter · License #MI 6501369793
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:19PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

Northgate Retail Center is a fee-simple shopping center comprising land and building ownership. The property is 100% occupied, with all tenants operating under NNN lease structures. The tenant roster includes O’Reilly Auto Parts and Fresenius, both identified with S&P BBB ratings, along with food and daily-service operators.

The center occupies a visible position near the signalized intersection of N. State Street and W. McKenzie Street, where combined traffic exceeds 29,100 vehicles daily. A large pylon sign and substantial frontage along N. State Street support the center’s street presence. Interstate 70 access is located less than 1.5 miles south, with the highway carrying 56,000 VPD.

The surrounding retail corridor includes Walmart Supercenter, The Home Depot, Kroger, Big Lots, Kohl’s, PetSmart, and Tractor Supply Co. Nearby residential communities include Greenfield Knoll with 80 units, Broadway Village Apartments with 160 units, and Greenfield Village with 256 units. The 5-mile trade area includes more than 32,600 residents and average household income above $78,500.

Key Highlights

  • 100% occupied shopping center with NNN lease structures
  • Fee‑simple ownership of the land and building
  • O’Reilly Auto Parts and Fresenius are identified tenants, each with an S&P BBB rating

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Carpet & Flooring Store Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store

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

Lease Details

29,100 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46140, IN

41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Green Meadows Shopping Center 1560 N State St, Greenfield, IN 46140
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  • Brandywine Plaza 1523 N State St, Greenfield, IN 46140

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with NNN leases, prominent signage, and access to a major interstate corridor.
Where is this shopping center located?
The property is located at 1129 N State St Greenfield, IN.
What are key features of this property?
This property features: 100% occupied shopping center with NNN lease structures; Fee‑simple ownership of the land and building; O’Reilly Auto Parts and Fresenius are identified tenants, each with an S&P BBB rating
(248) 688-0630 Call to check price and availability
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