Frankfort Retail Center For
2425 East Wabash Street, Frankfort, IN 46041
Call to check price and availability
90% occupied retail center with value-add opportunity.
Type:Retail
Property size:
20,008 SFPrice / SF:
$87/SF- Added:
- May 21, 2026
- Days on Market:
- 11
- Last Refresh:
- May 27 at 8:15 am
Property Features for 2425 East Wabash Street
General Information
- Standard status
- Active
- Size
- 20,008 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agent Alex Perez License #MO 2005038930
Listing office Marcus & Millichap (314) 889-2500
Listing date May 21, 2026
Source Crexi
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
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.
- Diverse mix of seven service‑oriented tenants, with half in the center for over 25 years.
- Located on a busy street with 15,000 vehicles per day and strong demographics: 20,000 residents with an average household income of $82,000 within five miles.
- Offered free and clear of debt at an 8.25% cap rate totaling $1,760,439.
Overview
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.
Location Intelligence
Current Use by Public Records
Papa John's Pizza
Restaurant
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Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Clinton
- State
- Indiana
- Longitude
- -86.481298
- Latitude
- 40.277282
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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.
