Modern Retail Center in
For Sale
Contact for pricing
Pending
8220 E 106th St, Indianapolis, IN 46256
Stabilized retail center in a high-growth Indianapolis submarket.
Property Size12,277 SF
Days on Market190
Property Features for 8220 E 106th St
General Information
Standard status
Pending
Size
12,277 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
2018
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Indianapolis, Indiana
Listed By:
Brooke Ratliff · License #25000924
Source:
Crexi
Added: Feb 2
Changed: Aug 7
Last Checked: Jul 24 at 2:30PM
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 Cushman & Wakefield - Indianapolis, Indiana
Investment Insights
Based on property information with market context.
The Shops at Concourse, constructed in 2018, is a modern neighborhood shopping center located in a high-visibility area on the 106th Street roundabout at Crosspoint Boulevard, west of I-69, in Indianapolis, Indiana. The property, totaling 12277 square feet, is fully occupied by four tenants, with a weighted average remaining lease term of 4.45 years. Existing in-place rents are 17-33% below market and 50% below new construction rents. The Shops at Concourse is positioned in a rapidly growing suburban retail submarket within Hamilton County. This property represents an opportunity to acquire a stabilized retail center, offering long-term cash flow with the potential to increase investor yields through mark-to-market adjustments.
Key Highlights
- Long‑term cash flow with potential to increase investor yields.
- Located in a rapidly growing and desirable suburban retail submarket of Hamilton County, Indiana.
- Modern neighborhood shopping center built in 2018.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46256, IN
22,598
Population
10,118
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
2,036
Density / Sq Mi
$86,529
Median Household Income
$55,021
Median Earnings
$1,136
Median Rent
$277,800
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Stabilized retail center in a high-growth Indianapolis submarket.
Where is this shopping center located?
The property is located at 8220 E 106th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $5,125,000.
What are key features of this property?
This property features: Long‑term cash flow with potential to increase investor yields.; Located in a rapidly growing and desirable suburban retail submarket of Hamilton County, Indiana.; Modern neighborhood shopping center built in 2018.
