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NNN-Leased Shopping Center
For Sale
Contact for pricing
Pending

1195-1129 N State Street, Greenfield, IN 46140

Multi-tenant retail center with national retailers, food operators, and daily service providers.

Property SizeContact for details
Days on Market141

Property Features for 1195-1129 N State Street

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants Walgreens, 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 1:22AM

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.

This fee-simple retail center includes the land and building and is fully occupied under NNN lease structures. The tenant mix includes Walgreens, O’Reilly Auto Parts, and Fresenius, along with food and everyday service businesses. A large pylon sign and substantial frontage along N. State Street support property identification from the surrounding roadway.

The center sits at the signalized intersection of N. State Street and W. McKenzie Street, where combined traffic averages more than 29,100 vehicles per day. Interstate 70 access is less than 1.5 miles away, with the highway carrying 56,000 vehicles per day. 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 five-mile trade area includes more than 32,600 residents and reports average household income above $78,500.

Key Highlights

  • 100% occupied shopping center with NNN lease structures
  • Tenant roster includes Walgreens, O’Reilly Auto Parts, and Fresenius
  • Signalized intersection at N. State Street and W. McKenzie Street

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

907
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
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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 - Multi-tenant retail center with national retailers, food operators, and daily service providers.
Where is this shopping center located?
The property is located at 1195-1129 N State Street Greenfield, IN.
What are key features of this property?
This property features: 100% occupied shopping center with NNN lease structures; Tenant roster includes Walgreens, O’Reilly Auto Parts, and Fresenius; Signalized intersection at N. State Street and W. McKenzie Street
(248) 688-0630 Call to check price and availability
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