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    2250 Hugar L Phelps Dr Greenfield, IN 46140

    For Lease
    Contact for pricing

    Greenfield, IN Retail Opportunity

    Lot size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Gateway Shoppes offers 15,600 square feet of brand new Class A retail space in Greenfield, Indiana. Located at 2250 N Hugar L Phelps Dr, this two-building, single-story development provides multiple tenancy options, with spaces ranging from 1,800 to 9,600 contiguous square feet. The property boasts excellent visibility from both Mount Comfort Road and I-70, offering unparalleled access to a high concentration of daytime traffic and a rapidly growing residential and business community. Situated within the $460 million Gateway Campus development, this location benefits from the proximity of established businesses such as Starbucks, McDonald's, and Aging in Place Residences, as well as upcoming developments including a Home2 Suites by Hilton with 26,000 square feet of event space, a new Hancock Regional Hospital, medical office buildings, and 1,100 multi-family units. This prime location, just minutes from I-70, ensures high visibility and accessibility for any business. The property is ideally suited for a variety of retail uses and presents a unique opportunity to establish a presence in a thriving and expanding area of Hancock County. The entire 15,600 square feet is currently vacant and available for lease.

    Property Features for 2250 Hugar L Phelps Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,600 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Building 1
    Size
    9,600 SF
    Space
    Building 2
    Size
    6,000 SF

    HighLights

    • 15,600 SF of brand new Class A retail space available for lease in Greenfield, Indiana.
    • Located at 2250 N Hugar L Phelps Dr, this two‑building, single‑story development offers spaces ranging from 1,800 to 9,600 contiguous SF.
    • Excellent visibility from Mount Comfort Road and I‑70, providing high daytime traffic exposure in a rapidly growing area.
    • Part of the $460 million Gateway Campus development, with nearby amenities including Starbucks, McDonald's, and Aging in Place Residences, and future additions such as a Home2 Suites by Hilton, a new Hancock Regional Hospital, medical offices, and 1,100 multi‑family units.
    • Minutes from I‑70, offering exceptional accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.916161479334
    Latitude
    39.815838047675

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    FAQs

    What type of property is this?
    Retail property - Greenfield, IN Retail Opportunity
    Where is this retail property located?
    The property is located at 2250 Hugar L Phelps Dr Greenfield, IN.
    What are key features of this property?
    This property features: 15,600 SF of brand new Class A retail space available for lease in Greenfield, Indiana.; Located at 2250 N Hugar L Phelps Dr, this two-building, single-story development offers spaces ranging from 1,800 to 9,600 contiguous SF.; Excellent visibility from Mount Comfort Road and I-70, providing high daytime traffic exposure in a rapidly growing area.
    Request Owner's contact information
    2250 Hugar L Phelps Dr Greenfield, IN 46140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2250 Hugar L Phelps Dr Greenfield, IN 46140
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