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Shopping Center Vanilla Box Space
For Lease
$8 SF/Yr

400 E Clifty Dr, Madison, IN 47250

Commercially zoned retail space positioned near major retailers and an adjacent college campus.

Space Size24,920 SF
Days on Market588

Property Features for 400 E Clifty Dr

General Information

Standard status Active
Size 24,920 SF
Net Rentable 24,920 SF
Property subtype Retail
Zoning COMMERCIAL
Lease Type NNN

Space & Availability

Available Space 24,920 SF
Contiguous Space 24,920 SF
Space Use Retail

Additional Details

Anchor Co-Tenants Dollar Tree, Hibbett Sports, State Farm, US Army, Ivy Tech Community College's Madison Campus

Amenities

Power
Water
Natural Gas

Building Details

Tenancy Multi

Spaces For Lease

at 400 E Clifty Dr Contact us

Available Space $8/Mo

Contact us
Listing Agency: Seven Development, LLC
Listed By: Ryan Pennington · License #14032890
Source: Kcrea.resimplifi
Added: Jan 20, 2025 Changed: Aug 29 Last Checked: Aug 31 at 1:10PM

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 Seven Development, LLC

Investment Insights

Based on property information with market context.

Hilltop Plaza is a shopping center with a 1,200-square-foot retail suite in vanilla-box condition. The center includes Dollar Tree, Hibbett Sports, State Farm, and the US Army. The available space is identified as suitable for a small restaurant, salon, or medical use.

The property is located at 400 E Clifty Dr in Madison, Indiana, along Clifty Drive's retail corridor. It is across the street from Wal-Mart, Lowe's, Kroger, JC Penney, and Tractor Supply Company, among other retailers. Ivy Tech Community College's Madison Campus is immediately adjacent, with enrollment of 3,000+ students. Madison is the county seat of Jefferson County, with over 55,000 people living within a 15-mile radius of its historic downtown.

Key Highlights

  • 1,200 SF retail suite in vanilla‑box condition
  • Shopping center includes Dollar Tree, Hibbett Sports, State Farm, and the US Army
  • Immediately adjacent to Ivy Tech Community College's Madison Campus

Property Analytics

Current Use

Rally's Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Plumbing Service Electrical Service Computer & Electronic Repair

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
299k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 31% Apparel 14% Groceries 5%
McDonald's Dining
29,026 visits/mo 0.5 miles
Hobby Lobby Shops & Services
22,040 visits/mo 0.5 miles
Taco Bell Dining
21,958 visits/mo 0.4 miles
Five Below Shops & Services
21,582 visits/mo 0.5 miles
Kohl's Apparel
21,187 visits/mo 0.5 miles

Demographics for 47250, IN

22,596
Population
10,534
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
211.4 sq mi
ZIP Area
107
Density / Sq Mi
$56,667
Median Household Income
$36,950
Median Earnings
$857
Median Rent
$179,900
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
Rey
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Similar Off Market Nearby

  • Jefferson Plaza 744 Clifty Dr, Madison, IN 47250
  • Village Square 220 Clifty Dr, Madison, IN 47250

Frequently Asked Questions

What type of property is this?
Shopping center - Commercially zoned retail space positioned near major retailers and an adjacent college campus.
Where is this shopping center located?
The property is located at 400 E Clifty Dr Madison, IN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 1,200 SF retail suite in vanilla‑box condition; Shopping center includes Dollar Tree, Hibbett Sports, State Farm, and the US Army; Immediately adjacent to Ivy Tech Community College's Madison Campus
More about this property
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