Frankfort Retail Center For
For Sale
Contact for pricing
Pending
2425 East Wabash Street, Frankfort, IN 46041
90% occupied retail center with value-add opportunity.
Property Size20,008 SF
Days on Market102
Property Features for 2425 East Wabash Street
General Information
Standard status
Pending
Size
20,008 SF
Property subtype
Retail
Occupancy
91%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(314) 889-2500
Listed By:
Alex Perez · License #MO 2005038930
Source:
Crexi
Added: May 21
Changed: Aug 16
Last Checked: Aug 14 at 7:27AM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
144k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Dining 27%
Shops & Services 19%
Home Improvements & Furnishings 12%
Walmart
Superstores
43,301 visits/mo
0.3 miles
Rural King
Home Improvements & Furnishings
16,960 visits/mo
0.1 miles
Culver's
Dining
10,714 visits/mo
0.1 miles
Aldi
Groceries
9,533 visits/mo
0.2 miles
Burger King
Dining
9,508 visits/mo
0.1 miles
Demographics for 46041, IN
24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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.
