Shopping Center

Frankfort, IN Shopping Centers for Sale

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Frankfort Retail Center For Sale
Updated: May 21
Frankfort Retail Center For Sale

2425 East Wabash Street, Frankfort, IN 46041

Contact for pricing
20,008 sqft
90% occupied multi‑tenant retail center with value‑add potential through lease up of 1,900 square feet.
Shadow‑anchored by Rural King, Walmart, and Aldi, providing high traffic.
Anchor tenant, Anytime Fitness, occupies 30% of the building and ranks in the top 15% nationwide, lease through June 2030.
Diverse mix of seven service‑oriented tenants, with half in the center for over 25 years.
Located on a busy street with 15,000 vehicles per day and strong demographics: 20,000 residents with an average household income of $82,000 within five miles.
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Strip Mall Retail Center
Strip Mall Retail Center

5868 East 71st Street, Indianapolis, IN 46220

Contact for pricing
24,597 sqft

For sale retail shopping center offering storefront space in a strip-mall configuration.

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Neighborhood Retail Center with Net Leases
Neighborhood Retail Center with Net Leases

3643-3677 W 86th St, Indianapolis, IN 46268

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19,676 sqft

Fully occupied neighborhood center anchored by Goodyear with net-leased storefronts and recent renovations.

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NNN-Anchored Shopping Center
NNN-Anchored Shopping Center

10460 N Michigan Road, Zionsville, IN 46032

Contact for pricing
5,185 sqft

Three-tenant retail property with national occupants and triple-net lease structures.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

6842 Whitestown Parkway, Zionsville, IN 46077

Contact for pricing

Freestanding retail property with NNN leases, a drive-through tenant, and adjacency to grocery-anchored shopping.

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Off-Market Properties in Frankfort, IN

Consider similar Off-Market properties in Frankfort, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2488 State Rd 28
SHOPPING CENTER, STRIP CENTER

2488 State Rd 28, Frankfort, IN 46041

$320,000
Estimated value
8,160 sqft 1.03 AC lot
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1401 Walnut Ave
WHOLESALE OUTLET, DISCOUNT STORE

1401 Walnut Ave, Frankfort, IN 46041-1856

$270,000
Estimated value
9,000 sqft 0.13 AC lot
View details
350 Hoke Ave, Unit 354
SHOPPING CENTER, STRIP CENTER

350 Hoke Ave, Frankfort, IN 46041-2663

Unit 354
$260,000
Estimated value
5,400 sqft 0.45 AC lot
View details
1407 Wabash St
SHOPPING CENTER, STRIP CENTER

1407 Wabash St, Frankfort, IN 46041-2742

$890,000
Estimated value
53,404 sqft 9.49 AC lot
View details
1640 State Rd 28
SHOPPING CENTER, STRIP CENTER

1640 State Rd 28, Frankfort, IN 46041-6998

$300,000
Estimated value
7,500 sqft 8.05 AC lot
View details
2472 Wabash St
Neighborhood centers

2472 Wabash St, Frankfort, IN 46041

Value Estimation by Request
8,160 sqft
View details
1911 Wabash St
WHOLESALE OUTLET, DISCOUNT STORE

1911 Wabash St, Frankfort, IN 46041-2752

$930,000
Estimated value
12,000 sqft 1.85 AC lot
View details
Wabash St
SHOPPING CENTER, STRIP CENTER

Wabash St, Frankfort, IN 46041

$755,000
Estimated value
20,804 sqft 1.08 AC lot
View details
1907 Wabash St
SHOPPING CENTER, STRIP CENTER

1907 Wabash St, Frankfort, IN 46041

$355,000
Estimated value
15,300 sqft 1.45 AC lot
View details
2401 Wabash St
WHOLESALE OUTLET, DISCOUNT STORE

2401 Wabash St, Frankfort, IN 46041-9400

$725,000
Estimated value
69,134 sqft 11.33 AC lot
View details
2460 Wabash St
WHOLESALE OUTLET, DISCOUNT STORE

2460 Wabash St, Frankfort, IN 46041-9429

$7,880,000
Estimated value
154,470 sqft 17.20 AC lot
View details

Frankfort, IN Shopping Centers Market Trends and Statistics

Explore 12 shopping centers for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 20,008 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Automotive properties 3
Auto shops 2
Shopping centers 2

Demographics Overview

Population 25K
Population Growth (5Y) -1.2%
Median Household Income $61,986
College Educated 23.9%

Taxes & Financing

Tax Rate (average for all types) 2.65%
Property Tax per SF $43.32 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

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