2250 Hugar L Phelps Dr, Greenfield, IN 46140
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.