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    Madison, IN
    Shopping Center

    Madison, IN Shopping Centers for Lease

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    Shopping Center Vanilla Box Space
    Updated: Jan 20, 2025
    Shopping Center Vanilla Box Space

    400 E Clifty Dr, Madison, IN 47250

    $8 SF/Yr
    51,389 sqft
    1,200 SF retail suite in vanilla‑box condition
    Shopping center includes Dollar Tree, Hibbett Sports, State Farm, and the US Army
    Immediately adjacent to Ivy Tech Community College's Madison Campus
    Ivy Tech Madison Campus enrollment exceeds 3,000 students
    Across Clifty Drive from Wal‑Mart, Lowe's, Kroger, JC Penney, and Tractor Supply Company
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    Retail Space with Drive-Thru
    Updated: Nov 25, 2025
    Retail Space with Drive-Thru

    Clifty Drive & Michigan Road, Madison, IN 47250

    Contact for pricing
    End‑cap unit with drive‑thru (2,205 SF) available in new retail development.
    Located at the corner of Clifty Drive & Michigan Avenue in the heart of Madison's trade area.
    Madison is a popular tourist destination and the largest city on the Ohio River between Louisville & Cincinnati.
    Join established retailers Hobby Lobby, TJ Maxx, Kohl's and Five Below.
    2.89 acre pad site available.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities

    Shopping centers for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Shopping Center with Flexible Suites
    Shopping Center with Flexible Suites

    1103-09 Market St, Charlestown, IN 47111

    $12 SF/Yr
    45,200 sqft

    Retail center offering multiple suite sizes with established restaurant and fitness tenants across from a high school.

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    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    12418 La Grange Rd, Louisville, KY 40245

    $25 SF/Yr

    Neighborhood center with restaurant, office, and storefront components in the La Grange Road area.

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    Open-Air Shopping Center
    Open-Air Shopping Center

    3553 Springhurst Blvd, Louisville, KY 40241

    Contact for pricing
    96,919 sqft

    Established retail center with major national anchors and convenient connections to I-265 and Westport Road.

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    Retail Development Near River Ridge
    Retail Development Near River Ridge

    9401 County Rd 403, Charlestown, IN 47111

    $22 SF/Yr
    28,805 sqft

    Retail spaces available near River Ridge Commerce Center.

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    Madison, IN Shopping centers Lease Rates & Market Statistics

    Explore 2 Shopping centers for lease in Madison, IN on Realmo, a commercial real estate exchange covering the Madison area. The current inventory totals 51,389 square feet of properties.

    Asking lease rates for Shopping centers in Madison start at $8 SF/Yr, average $8 SF/Yr, and reach $8 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $8 SF/Yr is 56% below the Indiana state average of $18.02 SF/Yr.

    Madison accounts for 100% of the 2 shopping centers currently available across Jefferson County. Shopping centers are one of the more limited space types in Madison, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.

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