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Two-Tenant Shopping Center Near I-65
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1500 Greentree Blvd, Clarksville, IN 47129

Fee simple purchase of a two-tenant retail center totaling 112,437 square feet at a key intersection in Clarksville, IN.

Property Size112,437 SF
Days on Market112

Property Features for 1500 Greentree Blvd

General Information

Standard status Active
Size 112,437 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Michael Kaider · License #IL 475154630
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 22 at 11:26AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Green Tree East is a fee simple, two-tenant shopping center totaling 112,437 square feet in Clarksville, Indiana. The property is occupied by At Home and Planet Fitness, with a weighted average lease term of 6.4 years.

The center is located at the northeast corner of Greentree Blvd and East Lewis and Clark Pkwy, less than one-quarter mile from a full interchange at I-65. Green Tree East sits within the Lewis & Clark Corridor, bordered by River Falls Center and Green Tree Mall, along with other open-air shopping centers.

For qualified investors, the mix of national retail and fitness tenants supports a stable current occupancy profile within a dense retail corridor serving the surrounding Louisville-area consumer base.

Key Highlights

  • Fee simple purchase of Green Tree East, a 112,437 SF two‑tenant retail center in Clarksville, IN
  • Located at the northeast corner of Greentree Blvd and East Lewis and Clark Pkwy (less than 1/4 mile to an I‑65 interchange)
  • Tenant lineup: At Home and Planet Fitness

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Grocery & Convenience Store Spa & Massage Center Building Supply

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

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

  • BMV Connect Kiosk — 1150 E Lewis and Clark Pkwy, Clarksville, IN 47129
  • Clarksville Plaza — 754 E Lewis and Clark Pkwy, Clarksville, IN 47129
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Louisville, 305 E. Hwy. 131, Clarksville, IN 47129
  • Triangle Shopping Center — 1408 Eastern Blvd, 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 - Fee simple purchase of a two-tenant retail center totaling 112,437 square feet at a key intersection in Clarksville, IN.
Where is this shopping center located?
The property is located at 1500 Greentree Blvd Clarksville, IN.
What are key features of this property?
This property features: Fee simple purchase of Green Tree East, a 112,437 SF two‑tenant retail center in Clarksville, IN; Located at the northeast corner of Greentree Blvd and East Lewis and Clark Pkwy (less than 1/4 mile to an I‑65 interchange); Tenant lineup: At Home and Planet Fitness
More about this property
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