267 And Interstate 74 Brownsburg, IN 46112
Northfield Crossing offers exceptional commercial land opportunities in Brownsburg, Indiana. Located at the intersection of Green Street/SR 267 and Interstate 74, this development boasts high visibility and accessibility. Lots range from 0.5 to 6.7 acres, providing flexibility for various commercial uses including restaurants, QSR, and retail. Phase 1 is complete, featuring an Aldi grocery store. Phase 2, encompassing 6.7 acres of I-74 frontage, is underway, including new road construction connecting to a Kroger intersection. The site plan incorporates newly constructed common areas and roads. Negotiations are in progress with prominent retail, restaurant, and hotel brands for future development. This prime location benefits from high traffic counts on I-74 (40,286 VPD), Green Street/SR 267 (51,459 VPD), and Northfield Drive (17,255 VPD), exceeding traffic counts of any other undeveloped property in Hendricks County. Brownsburg is a rapidly growing community, experiencing a 36% population increase between 2010 and 2020, recognized for its strong economy, low crime, and excellent schools. Hendricks County itself is the second fastest-growing county in Indiana. The property's proximity to downtown Brownsburg and its position within the town's primary retail corridor ensure strong regional drawing power. Surrounding developments include established and new apartments, neighborhoods, healthcare facilities, manufacturing, hotels, car dealerships, retailers, and restaurants. This is a unique chance to join Aldi and other high-profile tenants in a thriving location.
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
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Property description
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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.