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Fully Occupied Strip Center For Sale
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11594 Whistle Dr, Fishers, IN 46037

29,984 SF strip center with a 9.6 year WALT.

Property Size29,984 SF
Days on Market249

Property Features for 11594 Whistle Dr

General Information

Standard status Active
Size 29,984 SF
Class A
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2024
Tenancy Multi
Listing Agency: JLL Chicago | North Riverside Plaza
Listed By: Michael Nieder · License #IL475.189942
Source: Crexi
Added: Dec 5, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:43PM

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 JLL Chicago | North Riverside Plaza

Investment Insights

Based on property information with market context.

Located at 11594 Whistle Drive, Fishers, IN, this 29,984 SF strip center is fully occupied and features a mix of national tenants and dynamic retail concepts. The property has a Year 1 NOI of +\/-$1,080,000 and a WALT of 9.6 years. The ABR exceeds $30\/PSF across a diverse tenant base. The property is located within a submarket that has experienced a population climb of 38% since 2010, with forecasts indicating an increase to 135,000 by 2040. Fishers’ strategic location at the intersection of 116th and I-69 affords visibility and accessibility, enhanced by a thriving multifamily and hotel unit influx of over +7,000 and +2,000 units respectively within a 3-mile radius. Benefiting from Fishers’ robust capital investments exceeding $3.3 billion since 2014, including the transformative $550 million Fishers District expansion, this asset is positioned for rental growth aligned with regional developments. The retail vacancy is at 1.3% and is set to dip further.

Key Highlights

  • Newly constructed (2024), fully occupied 29,984 SF strip center in Fishers, IN.
  • Robust Year 1 NOI of +\/-$1,080,000 and a WALT of 9.6 years, indicating stable cash flow.
  • Located in a rapidly growing trade area with a population projected to reach 135,000 by 2040.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Auto Repair Shop Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby

Demographics for 46037, IN

47,264
Population
17,334
Households
2.7
Avg Household Size
37
Median Age
69%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
2,351
Density / Sq Mi
$137,969
Median Household Income
$72,127
Median Earnings
$1,463
Median Rent
$403,000
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
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Frequently Asked Questions

What type of property is this?
Strip mall - 29,984 SF strip center with a 9.6 year WALT.
Where is this strip mall located?
The property is located at 11594 Whistle Dr Fishers, IN.
What are key features of this property?
This property features: Newly constructed (2024), fully occupied 29,984 SF strip center in Fishers, IN.; Robust Year 1 NOI of +\/-$1,080,000 and a WALT of 9.6 years, indicating stable cash flow.; Located in a rapidly growing trade area with a population projected to reach 135,000 by 2040.
(312) 300-7291 Call to check price and availability
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