Property summary
This exceptional investment opportunity presents a 11,757 square foot, Class B retail center located at 1261-1267 N. State St., Greenfield, Indiana, 46140. Currently 100% occupied, the property features a diverse tenant mix including Subway, Greenfield Chiropractic, Liberty Tax, and Shining Stars Child Academy, demonstrating strong existing income streams. The property is classified as Office, Retail, and specifically as QSR/Fast Food, Restaurant, and Storefront. Its institutional investment type makes it an attractive option for portfolio diversification. The strategic location on State Street in Greenfield, Indiana offers excellent visibility and accessibility, with convenient proximity to I-70, ensuring high traffic flow and customer reach. The surrounding area boasts a vibrant mix of local businesses and national retailers, creating a thriving commercial environment. Furthermore, its proximity to amenities such as Greenfield Plaza and Riley Park, and Hancock Regional Hospital, enhances its appeal and potential for future growth. This unique strip center presents a compelling opportunity for investors seeking a stable, high-occupancy property in a rapidly growing area. The asking price for this exceptional property is $1,800,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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