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Plainfield Retail Center For Sale
For Sale
$3,000,000

160 Plainfield Vlg Dr, Plainfield, IN 46168

Retail property in Plainfield, Indiana, offered for sale.

Property Size41,652 SF
Price / SF$72.03
Days on Market107

Property Features for 160 Plainfield Vlg Dr

General Information

Standard status Active
Size 41,652 SF
Property subtype Shopping Strip

Amenities

Auction - June 22-24, 2026 | Starting Bid: $3,000,000
86% Leased — All Tenants on NNN Structures: Full landlord expense recovery delivers passive in-place cash flow with no operating leakage.
Hopebridge Anchor — 115+ Centers, 12 States: National medical anchor occupies 21.8% of GLA under a long-term lease running through 2030.
3,800 SF Small-Shop Lease-Up Opportunity: Two vacant suites totaling 3,800 SF offer near-term NOI growth in a high-demand retail corridor.
Indianapolis MSA Retail on US-40 Corridor: Fronts US Route 40 with 31,700 vehicles per day in Plainfield's primary retail trade area.
51M SF Logistics Hub Drives Daytime Demand: Surrounded by 51M SF of industrial and distribution facilities feeding daily retail traffic.
41,652 SF Class B Strip Center, Built 2007: Modern EIFS facade with shallow-bay configuration offering flexible suites for daily-needs retail.

Building Details

Building Size 41,652 SF
Year Built 2007
Listing Agency: Marcus & Millichap - Orange County
Listed By: Mike Banwell · License #License(s): CA: 02045460
Source: Marcusmillichap
Added: May 20 Changed: Sep 3 Last Checked: Jul 25 at 1:25PM

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 Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

This retail property, comprising a Class B neighborhood retail center, is available for purchase. The property is located within the Indianapolis Metropolitan Statistical Area. The property contains a total of 41,652 square feet of space. An auction event is scheduled for June 22-24, 2026.

Key Highlights

  • Receivership Sale
  • Class B Neighborhood Retail
  • Indianapolis MSA Location

Property Analytics

Current Use

Brain Balance Center ... Training Center Spherion Staffing & Recruiting Employment Agency Hopebridge Autism Therapy ... Medical Clinic Akira Japanese Steakhouse Restaurant Jenny Rice, FC ... Real Estate Agency

Suggested Use

Top Pick Dental Office Spa & Massage Center Restaurant Parking Lot & Garage Law Firm Nail Salon

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

79
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46168, IN

37,681
Population
14,426
Households
2.6
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
32.8 sq mi
ZIP Area
1,149
Density / Sq Mi
$87,315
Median Household Income
$45,252
Median Earnings
$1,307
Median Rent
$271,400
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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Frequently Asked Questions

What type of property is this?
Shopping center - Retail property in Plainfield, Indiana, offered for sale.
Where is this shopping center located?
The property is located at 160 Plainfield Vlg Dr Plainfield, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Receivership Sale; Class B Neighborhood Retail; Indianapolis MSA Location
More about this property
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