2200 Independence Dr Greenwood, IN 46143-3400
Summerfield Crossing, a thriving 81,436 square foot shopping center in Greenwood, Indiana, presents a unique investment opportunity. Strategically located at the southeast corner of East Worthsville Road and US-31, this Kroger-anchored center benefits from exceptional visibility and high traffic counts along two major thoroughfares. The center boasts a diverse tenant mix including national and local retailers such as McDonald's, Long John Silver's, Arby's, Donato's, Ace Hardware, and O'Reilly Auto Parts. Six spaces are currently available, ranging from 1,200 to 3,320 contiguous square feet, offering flexibility for various retail concepts. The property is zoned C-2 and enjoys the advantages of a location two miles east of the I-65 interchange. Significant residential growth in the area, fueled by numerous new housing projects, ensures a robust and expanding customer base. Pylon signage opportunities are also available on two pylons. This prime retail location offers excellent potential for growth and strong returns. The minimum divisible space is 1,200 square feet, with a total of 10,920 square feet currently vacant.
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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.