Kroger-Anchored Shopping Center For
For Sale
$2,000,000
5173 W Washington St, Indianapolis, IN 46241
97% occupied shopping center anchored by Kroger.
Property Size61,469 SF
Price / SF$32.54
Days on Market101
Property Features for 5173 W Washington St
General Information
Standard status
Active
Size
61,469 SF
Property subtype
Shopping Strip
Amenities
Auction - July 13-15, 2026 | Starting Bid: $2,000,000
97% Occupied, 66,469 SF Grocery-Anchored Community Shopping Center in Indianapolis, IN
Anchored by Kroger with Current Term thru August 2027; Occupies 74% of GLA and Contributes 60% of Center's Gross Income
40+ Years of Operating History at Site; Tenant Since 1981 with History of Numerous Renewals
877K Annual Customer Visits, Ranking #8 (Top 16%) of 46 Kroger Stores in a 30-Mi Radius based on Visits/SF
Ranks Top 25% Both in Indiana and Nationally Based on Visits/SF
Low Rent of $5.83/SF NNN ($9.00/SF All-in)
Has Kroger Fuel Outparcel and Offers Drive-Thru Pharmacy
Building Details
Building Size
61,469 SF
Year Built
1975
Listing Agency:
Marcus & Millichap - Cleveland
(949) 419-3397
Listed By:
Mike Banwell · License #License(s): CA: 02045460
(949) 419-3397
Source:
Marcusmillichap
Added: May 20
Changed: Aug 23
Last Checked: Aug 28 at 7:02AM
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 - Cleveland
Investment Insights
Based on property information with market context.
This 61,469-square-foot shopping center is currently 97% occupied and anchored by Kroger. The property is being offered as a receivership sale. An auction event is scheduled for June 22-24, 2026.
Key Highlights
- 97% occupied shopping center
- Kroger‑anchored
- Receivership sale
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Shopping center - 97% occupied shopping center anchored by Kroger.
Where is this shopping center located?
The property is located at 5173 W Washington St Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 97% occupied shopping center; Kroger‑anchored; Receivership sale
