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    Indianapolis, IN
    Shopping Center

    Indianapolis, IN Shopping Centers for Sale

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    8 properties
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    Shopping Center
    Updated: Aug 15
    Shopping Center

    2915 N German Church Road, Indianapolis, IN 46229

    $1,850,000
    3.48 AC lot
    3.48‑acre commercial site
    Built in 2005
    DP zoning
    2915 N German Church Road, Indianapolis, IN 46229
    View details
    Shopping Center with Road Visibility
    Updated: Aug 19
    Shopping Center with Road Visibility

    2915 N German Church Rd, Indianapolis, IN 46229

    $1,850,000
    12,104 sqft
    12,104‑square‑foot shopping center
    Built in 2005
    Located on N German Church Rd in Indianapolis, IN 46229
    Positioned in the established Far Eastside retail corridor
    Near retail, dining, residential, and transportation amenities
    View details
    Neighborhood Retail Center with Net Leases
    Neighborhood Retail Center with Net Leases

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

    Contact for pricing
    19,676 sqft

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

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    See hot listings in Indianapolis

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    River’s Edge Net-Leased Shopping Center
    River’s Edge Net-Leased Shopping Center

    4335 E 82nd St, Indianapolis, IN 46250

    Contact for pricing
    13,373 sqft

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

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    Leased Retail Center Near Meridian-Kessler
    Leased Retail Center Near Meridian-Kessler

    4901 N Pennsylvania St, Indianapolis, IN

    Contact for pricing
    12,352 sqft 0.81 AC lot

    Fully leased retail center in desirable Indianapolis location.

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    Modern Retail Center in Indianapolis
    Modern Retail Center in Indianapolis

    8220 E 106th St, Indianapolis, IN 46256

    Contact for pricing
    12,277 sqft

    Stabilized retail center in a high-growth Indianapolis submarket.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Shopping Center Outlot
    Shopping Center Outlot

    5612 CASTLETON COR WAY, Indianapolis, IN 46250

    Contact for pricing

    Near Castleton Square, with access from an I-465 exit.

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    Signalized Corner Retail Center
    Signalized Corner Retail Center

    11625-11715 Fox Road, Indianapolis, IN 46236

    Contact for pricing

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

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    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 8 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Anchored Shopping Center
    Anchored Shopping Center

    1675 North State Street, Greenfield, IN 46140

    Contact for pricing
    65,930 sqft

    Established retail center with national tenants, scheduled lease increases, and major adjacent grocery and discount retail anchors.

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    Shadow-Grocery Anchored Retail Center
    Shadow-Grocery Anchored Retail Center

    2140-2208 E 116th St, Carmel, IN 46032

    Contact for pricing
    233,727 sqft

    Grocery-anchored retail center prominently positioned at a busy Carmel intersection with multiple recently executed leases.

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    Ground Floor Retail Condominium Units
    Ground Floor Retail Condominium Units

    7015 E 146th St, Carmel, IN 46033

    Contact for pricing
    1,800 sqft

    Three ground floor retail condominium units totaling 5,828 sf are available within a mixed-use residential development.

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    Fully Leased Retail Center
    Fully Leased Retail Center

    1029-1051 N State St, Greenfield, IN

    Contact for pricing
    33,090 sqft 4.26 AC lot

    Fully leased retail center near Hancock Health Hospital.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land for Development
    Commercial Land for Development

    University Boulevard, Anderson, IN 46012

    $812,000
    8.12 AC lot

    B-3 zoning supports a planned neighborhood shopping center, with public sewer available.

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    B-3 Commercial Land Assemblage
    B-3 Commercial Land Assemblage

    241 N Scatterfield Road, Anderson, IN 46012

    $2,700,000
    21.55 AC lot

    Four parcels offer separate acquisition options with natural gas availability and public sewer service.

    View details

    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.

    7480 Michigan Rd
    SHOPPING CENTER, STRIP CENTER

    7480 Michigan Rd, Indianapolis, IN 46268-2391

    Estimated value:
    $225,000
    5,600 sqft 0.80 AC lot
    View details
    8511 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    8511 Madison Ave, Indianapolis, IN 46227-6118

    Estimated value:
    $330,000
    8,970 sqft 1.02 AC lot
    View details
    711 Thompson Rd
    SHOPPING CENTER, STRIP CENTER

    711 Thompson Rd, Indianapolis, IN 46227-8408

    Estimated value:
    $240,000
    19,408 sqft 1.89 AC lot
    View details
    6001 Massachusetts Ave
    SHOPPING CENTER, STRIP CENTER

    6001 Massachusetts Ave, Indianapolis, IN 46226-5668

    Estimated value:
    $250,000
    4,606 sqft 0.30 AC lot
    View details
    1801 Shadeland Ave
    SHOPPING CENTER, STRIP CENTER

    1801 Shadeland Ave, Indianapolis, IN 46219-2735

    Estimated value:
    $265,000
    9,630 sqft 0.87 AC lot
    View details
    9060 Crawfordsville Rd
    SHOPPING CENTER, STRIP CENTER

    9060 Crawfordsville Rd, Indianapolis, IN 46234-1597

    Estimated value:
    $485,000
    5,000 sqft 0.62 AC lot
    View details
    7201 10th St
    WHOLESALE OUTLET, DISCOUNT STORE

    7201 10th St, Indianapolis, IN 46214-3565

    Estimated value:
    $1,215,000
    14,981 sqft 1.48 AC lot
    View details
    8921 Us 31
    WHOLESALE OUTLET, DISCOUNT STORE

    8921 Us 31, Indianapolis, IN 46227-6255

    Estimated value:
    $1,505,000
    35,552 sqft 2.93 AC lot
    View details
    5050 38th St
    SHOPPING CENTER, STRIP CENTER

    5050 38th St, Indianapolis, IN 46218-8301

    Estimated value:
    $240,000
    8,458 sqft 0.76 AC lot
    View details
    10030 Washington St
    SHOPPING CENTER, STRIP CENTER

    10030 Washington St, Indianapolis, IN 46229-2668

    Estimated value:
    $830,000
    51,948 sqft 5.25 AC lot
    View details
    5411 Washington St
    SHOPPING CENTER, STRIP CENTER

    5411 Washington St, Indianapolis, IN 46241-2124

    Estimated value:
    $250,000
    13,480 sqft 0.92 AC lot
    View details
    6117 Washington St
    SHOPPING CENTER, STRIP CENTER

    6117 Washington St, Indianapolis, IN 46219-6618

    Estimated value:
    $225,000
    7,647 sqft 0.44 AC lot
    View details
    6400 Washington St
    SHOPPING CENTER, STRIP CENTER

    6400 Washington St, Indianapolis, IN 46219

    Estimated value:
    $1,605,000
    52,846 sqft 15.74 AC lot
    View details
    5520 Madison Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    5520 Madison Ave, Indianapolis, IN 46227-4669

    Estimated value:
    $440,000
    25,309 sqft 2.79 AC lot
    View details
    8820 Emerson Ave
    SHOPPING CENTER, STRIP CENTER

    8820 Emerson Ave, Indianapolis, IN 46237-9529

    Estimated value:
    $215,000
    0.31 AC lot
    View details
    5450 Emerson Way
    SHOPPING CENTER, STRIP CENTER

    5450 Emerson Way, Indianapolis, IN 46226-1408

    Estimated value:
    $435,000
    23,702 sqft 1.99 AC lot
    View details

    Indianapolis, IN Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Indianapolis, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 69,782 square feet of properties for sale, with an estimated market value of $3,700,000.

    Sale prices for plazas in Indianapolis, IN average $1,850,000 — 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

    Storefront properties 85
    Shopping centers 59
    Automotive properties 26
    Auto shops 17
    Grocery and convenience stores 17

    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 $5.8M

    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.

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

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    Browse Shopping centers for Sale Near Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46229
    • 46250
    • 46236
    • 46256
    • 46268

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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