Property profile

2250 Hugar L Phelps Dr Greenfield, IN 46140

OFF-MARKET
Retail properties & Spaces
15,600 SF Built 2024
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 15,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2250 Hugar L Phelps Dr Greenfield, IN 46140
Greenfield metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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