2425 East Wabash Street Frankfort, IN 46041

Building Details

Year Built

1986

Listing office Marcus & Millichap a***@marcusmillichap.com Show Phone

Listing date May 21, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Clinton Plaza is a 20,008-square-foot multi-tenant retail center in Frankfort, Indiana, with 90% occupancy. The property is shadow anchored by Rural King, Walmart, and Aldi, and is positioned on the primary retail corridor in Frankfort. It benefits from traffic exposure and co-tenancy generated by these major anchors. The tenant mix includes Anytime Fitness, Silky Nails, Metro PCS, China Buffet, Next Step Physical Therapy, Papa Johns, and A Lucky Spa Wellness. Approximately half of the tenants have been in the center for over 25 years. Anytime Fitness occupies approximately 30% of the building and holds a lease through June 2030, with two additional five-year renewal options. Anytime Fitness ranks in the top 15% of its locations nationwide. There is a 1,900 square feet vacancy. The property is located along East Wabash Street, with approximately 15,000 vehicles per day. The surrounding area has 20,000 residents with an average household income of $82,000 within five miles. Frankfort is the county seat of Clinton County, approximately one hour northwest of Indianapolis. The property is offered free and clear of debt.

Key Highlights

• 90% occupied multi‑tenant retail center with value‑add potential through lease up of 1,900 square feet.
• Shadow‑anchored by Rural King, Walmart, and Aldi, providing high traffic.
• Anchor tenant, Anytime Fitness, occupies 30% of the building and ranks in the top 15% nationwide, lease through June 2030.

Property Analytics

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FAQs

What type of property is this?

Shopping center - 90% occupied retail center with value-add opportunity.

Where is this shopping center located?

The property is located at 2425 East Wabash Street Frankfort, IN.

What is the asking price?

The asking price for this property is $1,760,439.

What are key features of this property?

This property features: 90% occupied multi‑tenant retail center with value‑add potential through lease up of 1,900 square feet.; Shadow‑anchored by Rural King, Walmart, and Aldi, providing high traffic.; Anchor tenant, Anytime Fitness, occupies 30% of the building and ranks in the top 15% nationwide, lease through June 2030.