1451 Wabash St Frankfort, IN 46041-2742
Frankfort Plaza Retail Center, located at 1451 E Wabash St, Frankfort, IN 46041, offers exceptional retail space in a thriving Indiana community. This single-story, Class B retail center boasts a total of 57,540 square feet, currently housing a diverse mix of established businesses including Dollar Tree, Subway, and others. Three spaces are immediately available, ranging from 1,255 to 7,500 square feet, providing flexibility for various retail concepts. The center benefits from high visibility along E. Wabash Ave., a main thoroughfare, with pylon signage opportunities. Its strategic location between Indianapolis and Lafayette, coupled with Frankfort's growing retail sector and strong local economy, ensures high foot traffic and excellent potential for success. The property's convenient proximity to Historic Downtown Frankfort and Frankfort High School further enhances its appeal. This is an unparalleled opportunity to join a successful retail center in a vibrant and expanding market. The property is categorized as a strip center, shopping center, in-line shops, neighborhood center, and retail center, offering multiple tenancy options.
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Ruler Foods Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.