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Anchored Shopping Center
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1675 North State Street, Greenfield, IN 46140

Established retail center with national tenants, scheduled lease increases, and major adjacent grocery and discount retail anchors.

Property Size65,930 SF
Price / SF$56.88
Days on Market18

Property Features for 1675 North State Street

General Information

Standard status Active
Size 65,930 SF
Property subtype Retail
Occupancy 83%
Net Operating Income $290,871

Site & Location

Anchor Co-Tenants Tractor Supply, Dollar Tree
Traffic Count 21,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2003
Units 4
Tenancy Multi
Listing Agency: Riser Retail Group Carmel
Listed By: John F. Riser · License #RB14036150
Source: Crexi
Added: Aug 4 Changed: Aug 15 Last Checked: Aug 21 at 5:48AM

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 Riser Retail Group Carmel

Investment Insights

Based on property information with market context.

This 65,930-square-foot shopping center was built in 2003 and includes Tractor Supply and Dollar Tree as anchor tenants. The property is reported to have 100% national tenancy, with rent increases scheduled during lease terms. A roof warranty extends through March 2032.

The center is located at 1675 North State Street in Greenfield, Indiana, near an I-70 highway exit. Kroger and a Wal-Mart Supercenter are adjacent to the property, while reported traffic counts exceed 21,000 cars per day. The surrounding area is also reported to have household income of $113,331 within 1 mile.

Key Highlights

  • 65,930‑square‑foot shopping center built in 2003
  • Tractor Supply and Dollar Tree serve as anchor tenants
  • 100% national tenants with scheduled rent increases during lease terms

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Parking Lot & Garage Gym & Fitness 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

21,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

646
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with national tenants, scheduled lease increases, and major adjacent grocery and discount retail anchors.
Where is this shopping center located?
The property is located at 1675 North State Street Greenfield, IN.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 65,930‑square‑foot shopping center built in 2003; Tractor Supply and Dollar Tree serve as anchor tenants; 100% national tenants with scheduled rent increases during lease terms
(317) 844-0700 Call to check price and availability
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