Indianapolis, IN Shopping Centers for Sale

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21 properties

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Updated: Aug 15

Commercial Shopping Center

2915 N German Church Road, Indianapolis, IN 46229

$1,850,000

3.48 AC lot

3.48‑acre commercial property
DP zoning
Built in 2005
2915 N German Church Road, Indianapolis, IN 46229
Located in the Far Eastside retail corridor

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Updated: Jul 3

Four-Tenant Strip Mall with National Tenants

1155 E Stop 11 Rd, Indianapolis, IN 46227

$2,380,000

7,000 sqft

100 Percent occupied four‑tenant retail center
All triple‑net leases with 57 Percent of gross leasable area providing 3 Percent annual increases
Signalized intersection at E Stop 11 Rd and US‑31 S with combined traffic counts of 56,375 vehicles per day
Outparcel to Greenwood Point Shopping Center with 1.7 million visitors per year
Across the street from Greenwood Place with 4.8 million visitors per year

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Shopping Center with Road Visibility

2915 N German Church Rd, Indianapolis, IN 46229

$1,850,000

12,104 sqft

Commercial footprint positioned near retail, dining, residential, and transportation amenities.

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Neighborhood Retail Center with Event Anchor

3119 E Thompson Rd, Indianapolis, IN 46227

$5,750,000

55,580 sqft

55,580-square-foot retail center anchored by an event venue with grocery, dining, spa, and entertainment tenants.

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Intech Commons Multi-Tenant Retail Center

6335 Intech Commons Dr, Indianapolis, IN 46278

$5,241,000

19,040 sqft 2.16 AC lot

Fully occupied retail center with service businesses, restaurants, triple-net leases, and paved parking.

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River’s Edge Net-Leased Shopping Center

4335 E 82nd St, Indianapolis, IN 46250

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13,373 sqft

Fully leased retail center with staggered rollover and a multi-tenant net lease structure.

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Neighborhood Retail Center with Drive-Through

8220 E 106th St, Indianapolis, IN 46256

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12,277 sqft

Four-tenant retail center is 100% leased, featuring drive-through service and two exterior pergolas.

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Shopping Center

4477 E 10th St, Indianapolis, IN 46201

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6,209 sqft

Shopping center property constructed in 1985.

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Strip Mall Retail Center

5868 East 71st Street, Indianapolis, IN 46220

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24,597 sqft

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

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Leased Retail Center Near Meridian-Kessler

4901 N Pennsylvania St, Indianapolis, IN

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12,352 sqft 0.81 AC lot

Fully leased retail center in desirable Indianapolis location.

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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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Strip Center With Marquee Sign

3121 E Thompson Rd, Indianapolis, IN 46227

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55,684 sqft 6.10 AC lot

Fully leased retail center with multiple tenants and prominent monument signage at its entrance.

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Indianapolis Retail Space For Lease

4401 Linwood Ct, Indianapolis, IN

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2.08 AC lot

Retail spaces available in Kroger-anchored Indianapolis shopping center.

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Modern Retail Center in Indianapolis

8220 E 106th St, Indianapolis, IN 46256

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12,277 sqft

Stabilized retail center in a high-growth Indianapolis submarket.

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Multi-Suite Strip Center

6520 E 82nd St, Indianapolis, IN 46250

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15,160 sqft

Retail center with established occupants, salon suites, and access to a heavily traveled commercial corridor.

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Washington Plaza Shopping Center

10030 E Washington St, Indianapolis, IN 46229

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50,107 sqft

Shopping center located at 10030 E Washington St in Indianapolis, Indiana.

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Signalized Corner Retail Center

11625-11715 Fox Road, Indianapolis, IN 46236

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Signalized corner retail center with pylon signage and ample parking in an affluent Geist trade area.

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Avalon Crossing Shopping Center

6935 Lake Plaza Dr, Indianapolis, IN 46220

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82,847 sqft

Multi-building retail center with existing occupancy and available space for leasing.

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Two-Tenant Retail Center

7326 Pendleton Pike, Indianapolis, IN 46226

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Two-tenant retail center on Pendleton Pike with 50,000+ vehicles passing daily.

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Two-Tenant Shopping Center

8201 Washington St, Indianapolis, IN 46219

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Recent-construction shopping center featuring a two-tenant layout in Indianapolis, IN.

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Retail Center with Established Tenants

1950 Kessler Blvd W Dr, Indianapolis, IN 46228

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5,936 sqft

Retail property with Starbucks, Subway, and other established tenants.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Indianapolis, IN, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, 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.

SHOPPING CENTER, STRIP CENTER

7480 Michigan Rd, Indianapolis, IN 46268-2391

$225,000

Estimated value

5,600 sqft 0.80 AC lot

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SHOPPING CENTER, STRIP CENTER

8511 Madison Ave, Indianapolis, IN 46227-6118

$330,000

Estimated value

8,970 sqft 1.02 AC lot

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SHOPPING CENTER, STRIP CENTER

711 Thompson Rd, Indianapolis, IN 46227-8408

$240,000

Estimated value

19,408 sqft 1.89 AC lot

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Indianapolis, IN Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Indianapolis, IN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 404,219 square feet of properties for sale, with an estimated market value of $17,071,000.

Sale prices for plazas in Indianapolis, IN start at $1,850,000, averaging $3,414,200, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46229	$1.9M
46227	$4.1M
46278	$5.2M

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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