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Multi-Tenant Retail Center with Outlots
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1225 Veterans Pkwy, Clarksville, IN 47129

Recently completed retail development with 5 outlots and two leased multi-tenant centers totaling nearly 30,000 SF.

Property Size14,582 SF
Days on Market121

Property Features for 1225 Veterans Pkwy

General Information

Standard status Active
Size 14,582 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Hogan Real Estate
Listed By: Hunter Jacobs · License #KY 71049
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:37PM

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 Hogan Real Estate

Investment Insights

Based on property information with market context.

Recently completed retail development offering 5 outlots and two multi-tenant retail centers. The West parcel includes a 14,582 SF multi-tenant retail center and three ground leases with Mission BBQ, Outback Steakhouse, and First Watch. The East parcel features a 14,852 SF multi-tenant retail center along with Starbucks and Sleep Number outlots.

The property is delivered 100% leased. Tenancy also includes Blaze Pizza, T-Mobile, 9 Round Kickboxing Fitness, Chill Burger, Mathnasium, Total Nutrition, and CoreLife, providing a mix of services, quick-service and casual dining, and educational and fitness-oriented concepts.

Located at 1225 Veterans Pkwy in Clarksville, Indiana, the offering is structured to provide both multi-tenant retail income and ground-lease income across the outlot and center components.

Key Highlights

  • Recently completed retail development with 5 outlots and two multi‑tenant retail centers totaling nearly 30,000 SF
  • West parcel includes a 14,582 SF multi‑tenant retail center with three ground leases: Mission BBQ, Outback Steakhouse, and First Watch
  • East parcel includes a 14,852 SF multi‑tenant retail center with two outlots: Starbucks and Sleep Number

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service Building Supply Garden Center Spa & Massage Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47129, IN

19,739
Population
9,382
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
9.6 sq mi
ZIP Area
2,056
Density / Sq Mi
$55,447
Median Household Income
$36,592
Median Earnings
$1,027
Median Rent
$162,600
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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Similar Off Market Nearby

  • River Falls Mall 951 E Lewis and Clark Pkwy, Clarksville, IN 47129
  • Sunglass Outfitters by Sunglass Hut 951 E Lewis and Clark Pkwy #102 Clarksville, IN 47129

Frequently Asked Questions

What type of property is this?
Shopping center - Recently completed retail development with 5 outlots and two leased multi-tenant centers totaling nearly 30,000 SF.
Where is this shopping center located?
The property is located at 1225 Veterans Pkwy Clarksville, IN.
What are key features of this property?
This property features: Recently completed retail development with 5 outlots and two multi‑tenant retail centers totaling nearly 30,000 SF; West parcel includes a 14,582 SF multi‑tenant retail center with three ground leases: Mission BBQ, Outback Steakhouse, and First Watch; East parcel includes a 14,852 SF multi‑tenant retail center with two outlots: Starbucks and Sleep Number
More about this property
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