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Shadow-Anchored Retail Center
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17015 Mercantile Blvd., Noblesville, IN 46060

Retail center with a strong mix of national anchors and shoppers from multiple categories.

Space Size204,782 SF
Days on Market70

Property Features for 17015 Mercantile Blvd.

General Information

Standard status Active
Size 204,782 SF
Property subtype Retail

Building Details

Building Size 204,782 SF
Tenancy Single

Spaces For Lease

at 17015 Mercantile Blvd. Contact us

Suite 8/9

Size
204,782 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Midland Atlantic Properties - Indianapolis
Listed By: Shawn Heffern · License #IN
Source: Crexi
Added: Jun 4 Changed: Aug 8 Last Checked: Aug 12 at 6:08AM

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 Midland Atlantic Properties - Indianapolis

Investment Insights

Based on property information with market context.

This for-rent retail center is anchored by major national retailers, creating a diversified tenant mix for everyday shopping needs. The property’s co-tenancy includes Ross Dress for Less, HomeGoods, TJ Maxx, Five Below, Best Buy, Barnes & Noble, Shoe Carnival, and PetSmart, with additional shadow anchoring by Meijer.

The center is located at 17015 Mercantile Blvd. in Noblesville, Indiana. With its combination of destination-style anchors and everyday consumer retailers, the property is positioned to support a range of retail concepts that benefit from established foot traffic patterns within the shopping center environment.

For tenants, this configuration can be helpful when you want to lease space alongside a recognizable group of brands spanning apparel value, home goods, electronics, books, and pet retail. The presence of Meijer as a shadow anchor, along with the larger destination anchors listed, supports a tenant lineup that can attract consistent cross-shopping among multiple customer segments.

Key Highlights

  • Retail center anchored by Ross Dress for Less, HomeGoods, TJ Maxx, Five Below, Best Buy, and Barnes & Noble
  • Additional tenants include Shoe Carnival and PetSmart
  • Shadow‑anchored by Meijer

Property Analytics

Current Use

Noodles and Company Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
757k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 26% Shops & Services 20% Groceries 16% Superstores 16%
Walmart Superstores
119,610 visits/mo 0.3 miles
Meijer Groceries
94,442 visits/mo 0.4 miles
Kohl's Apparel
50,313 visits/mo 0.2 miles
Chick-fil-A Dining
47,386 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
46,541 visits/mo 0.3 miles

Demographics for 46060, IN

45,073
Population
18,887
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
80.6 sq mi
ZIP Area
559
Density / Sq Mi
$91,141
Median Household Income
$50,557
Median Earnings
$1,215
Median Rent
$292,400
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with a strong mix of national anchors and shoppers from multiple categories.
Where is this shopping center located?
The property is located at 17015 Mercantile Blvd. Noblesville, IN.
What are key features of this property?
This property features: Retail center anchored by Ross Dress for Less, HomeGoods, TJ Maxx, Five Below, Best Buy, and Barnes & Noble; Additional tenants include Shoe Carnival and PetSmart; Shadow‑anchored by Meijer
(317) 597-1715 Call to check price and availability
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