Spaces For Lease

at Clifty Drive & Michigan Road

2

Term Negotiable

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Listing Agency: The Shopping Center Group LLC

Listed By: Kevin Mayhugh · License #55483 Show Phone

Source: Tscg

Added: Nov 25, 2025 Changed: Oct 26 Last Checked: Nov 3 at 3:56AM

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Investment Insights

Based on property information with market context.

Located in Madison, Indiana, this property benefits from a strong regional draw. Situated at the corner of Clifty Drive and Michigan Avenue, it lies in the heart of the trade area. Madison, the largest city on the Ohio River between Louisville and Cincinnati, is a popular tourist destination. A 2,205 square foot end-cap with drive-thru is available within a new retail development. Additionally, a 2.89 acre pad site is available. The development is near Hobby Lobby, TJ Maxx, Kohl's, and Five Below. Area retailers include Walmart Supercenter, Kroger, Lowe's, ALDI, Bealls, Planet Fitness and American Freight. Traffic counts on Clifty Drive at Michigan Road reach 19,788 ADT.

Key Highlights

• End‑cap unit with drive‑thru (2,205 SF) available in new retail development.
• Located at the corner of Clifty Drive & Michigan Avenue in the heart of Madison's trade area.
• Madison is a popular tourist destination and the largest city on the Ohio River between Louisville & Cincinnati.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Frequently Asked Questions

What type of property is this?

Shopping center - New retail development with drive-thru in Madison, Indiana.

Where is this shopping center located?

The property is located at Clifty Drive & Michigan Road Madison, IN.

What are key features of this property?

This property features: End‑cap unit with drive‑thru (2,205 SF) available in new retail development.; Located at the corner of Clifty Drive & Michigan Avenue in the heart of Madison's trade area.; Madison is a popular tourist destination and the largest city on the Ohio River between Louisville & Cincinnati.