Indianapolis, IN Shopping Centers for Sale

List

Map

Beech Grove, IN Lawrence, IN Brownsburg, IN Carmel, IN Fishers, IN Greenfield, IN Avon, IN Greenwood, IN

11 properties

Sort:

Updated: May 28

Neighborhood Retail Center with Net Leases

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

$3,899,000

19,676 sqft

College Park Shopping Center (built 1984) is 100% occupied neighborhood retail center anchored by Goodyear.
7 of 8 tenants operate under net leases; half of tenants have annual rent escalations.
Key tenants have long‑tenured occupancy at this location, with some operating since 1999 and 2017.
New leasing momentum: tenants signed between 2023 and 2025.
Multiple spaces have recently undergone extensive renovations.

View details

This listing looks promising.

Here's a quick look at some key insights for

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

View Property Analytics

Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$212K
Annual
Price @ 7% Cap

$3.02M
Suggested

View Property Analytics

Updated: Mar 26

Neighborhood Retail Shopping Center

1107 N Arlington Ave, Indianapolis, IN 46219

$3,800,000

56,556 sqft 5.36 AC lot

56,556 SF retail shopping center across two single‑story buildings on approx. 5.36 acres
Parking field totals 141,540 SF for customer and employee parking
Originally constructed in 1974 and updated in 2017
Located at 1107‑1163 N Arlington Ave, Indianapolis, IN (Marion County)
Neighborhood retail center setup with a variety of tenants for diversified income stream

View details

Strip Mall Retail Center

5868 East 71st Street, Indianapolis, IN 46220

$8,150,000

24,597 sqft

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

View details

Modern Retail Center in Indianapolis

8220 E 106th St, Indianapolis, IN 46256

$5,250,000

12,277 sqft

Stabilized retail center in a high-growth Indianapolis submarket.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Retail Property on 38th Street

3749-3757 E 38th St, Indianapolis, IN

$599,000

8,481 sqft 0.86 AC lot

Retail property with high visibility and ample parking.

View details

Indianapolis Retail Space For Lease

4401 Linwood Ct, Indianapolis, IN

$800,000

2.08 AC lot

Retail spaces available in Kroger-anchored Indianapolis shopping center.

View details

Kroger-Anchored Shopping Center For Sale

5173 West Washington Street, Indianapolis, IN 46241

Contact for pricing

61,469 sqft

97% occupied shopping center anchored by Kroger.

View details

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.

View details

Fully Leased Retail Center

4202 W 56th St, Indianapolis, IN

$1,200,000

12,840 sqft 3.13 AC lot

Retail center with additional land, conveniently located and fully leased.

View details

Signalized Corner Retail Center

11625-11715 Fox Road, Indianapolis, IN 46236

$14,600,000

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

View details

Retail Center with Established Tenants

1950 Kessler Blvd W Dr, Indianapolis, IN 46228

$3,750,000

5,936 sqft

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

View details

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 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.

Commercial Development Land at Interchange

1771 Quaker Boulevard, Plainfield, IN 46168

$500,000

2.72 AC lot

2.72-acre commercial development site at the I-70 and SR-267 interchange with utilities in place.

View details

Multi-Tenant Retail Building For Sale

1789-1798 Melody Lane, Greenfield, IN

$1,500,000

7,800 sqft 0.90 AC lot

7,800 SF retail building with existing tenants in Greenfield, IN.

View details

Fully Leased Retail Center

1029-1051 N State St, Greenfield, IN

$6,377,592

33,090 sqft 4.26 AC lot

Fully leased retail center near Hancock Health Hospital.

View details

Strip Center with Six Leased Units

2028 Stafford Road, Plainfield, IN 46168

$1,690,000

0.40 AC lot

Six-unit retail strip center with exterior refresh and wheelchair-access curb cut, positioned for prominent State Road exposure.

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.

Mixed-Zoned Land for Development

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000

29.87 AC lot

Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

View details

Zoned Commercial Development Land

Wysscraft Lane, Martinsville, IN 46151

$5,800,000

10.00 AC lot

Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

View details

B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000

8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

View details

Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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.

SHOPPING CENTER, STRIP CENTER

7480 Michigan Rd, Indianapolis, IN 46268-2391

Value Estimation by Request

5,600 sqft 0.80 AC lot

View details

SHOPPING CENTER, STRIP CENTER

8511 Madison Ave, Indianapolis, IN 46227-6118

Value Estimation by Request

8,970 sqft 1.02 AC lot

View details

SHOPPING CENTER, STRIP CENTER

711 Thompson Rd, Indianapolis, IN 46227-8408

Value Estimation by Request

19,408 sqft 1.89 AC lot

View details

SHOPPING CENTER, STRIP CENTER

6001 Massachusetts Ave, Indianapolis, IN 46226-5668

Value Estimation by Request

4,606 sqft 0.30 AC lot

View details

SHOPPING CENTER, STRIP CENTER

1801 Shadeland Ave, Indianapolis, IN 46219-2735

Value Estimation by Request

9,630 sqft 0.87 AC lot

View details

SHOPPING CENTER, STRIP CENTER

9060 Crawfordsville Rd, Indianapolis, IN 46234-1597

$500,000

Estimated value

5,000 sqft 0.62 AC lot

View details

WHOLESALE OUTLET, DISCOUNT STORE

7201 10th St, Indianapolis, IN 46214-3565

$1,215,000

Estimated value

14,981 sqft 1.48 AC lot

View details

WHOLESALE OUTLET, DISCOUNT STORE

8921 Us 31, Indianapolis, IN 46227-6255

$1,505,000

Estimated value

35,552 sqft 2.93 AC lot

View details

SHOPPING CENTER, STRIP CENTER

5050 38th St, Indianapolis, IN 46218-8301

Value Estimation by Request

8,458 sqft 0.76 AC lot

View details

SHOPPING CENTER, STRIP CENTER

10030 Washington St, Indianapolis, IN 46229-2668

$830,000

Estimated value

51,948 sqft 5.25 AC lot

View details

SHOPPING CENTER, STRIP CENTER

5411 Washington St, Indianapolis, IN 46241-2124

Value Estimation by Request

13,480 sqft 0.92 AC lot

View details

SHOPPING CENTER, STRIP CENTER

6117 Washington St, Indianapolis, IN 46219-6618

Value Estimation by Request

7,647 sqft 0.44 AC lot

View details

SHOPPING CENTER, STRIP CENTER

6400 Washington St, Indianapolis, IN 46219

$1,605,000

Estimated value

52,846 sqft 15.74 AC lot

View details

Indianapolis, IN Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Indianapolis, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 140,363 square feet of properties for sale, with an estimated market value of $26,648,000.

Sale prices for plazas in Indianapolis, IN start at $599,000, averaging $3,806,857, and reaching up to $8,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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
46228	$3.8M
46219	$3.8M
46268	$3.9M
46256	$5.3M
46220	$8.2M

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.

Need Help?

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

Indianapolis, IN Shopping Centers for Sale

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

1107 N Arlington Ave, Indianapolis, IN 46219

5868 East 71st Street, Indianapolis, IN 46220

8220 E 106th St, Indianapolis, IN 46256

3749-3757 E 38th St, Indianapolis, IN

4401 Linwood Ct, Indianapolis, IN

5173 West Washington Street, Indianapolis, IN 46241

4901 N Pennsylvania St, Indianapolis, IN

4202 W 56th St, Indianapolis, IN

11625-11715 Fox Road, Indianapolis, IN 46236

1950 Kessler Blvd W Dr, Indianapolis, IN 46228

Opportunities in Nearby Cities

1771 Quaker Boulevard, Plainfield, IN 46168

1789-1798 Melody Lane, Greenfield, IN

1029-1051 N State St, Greenfield, IN

2028 Stafford Road, Plainfield, IN 46168

Potential Development Sites for Consideration

4440 State Road 37 N, Martinsville, IN 46151

Wysscraft Lane, Martinsville, IN 46151

University Boulevard, Anderson, IN 46012

241 N Scatterfield Road, Anderson, IN 46012

Off-Market Properties in Indianapolis, IN

7480 Michigan Rd, Indianapolis, IN 46268-2391

8511 Madison Ave, Indianapolis, IN 46227-6118

711 Thompson Rd, Indianapolis, IN 46227-8408

6001 Massachusetts Ave, Indianapolis, IN 46226-5668

1801 Shadeland Ave, Indianapolis, IN 46219-2735

9060 Crawfordsville Rd, Indianapolis, IN 46234-1597

7201 10th St, Indianapolis, IN 46214-3565

8921 Us 31, Indianapolis, IN 46227-6255

5050 38th St, Indianapolis, IN 46218-8301

10030 Washington St, Indianapolis, IN 46229-2668

5411 Washington St, Indianapolis, IN 46241-2124

6117 Washington St, Indianapolis, IN 46219-6618

6400 Washington St, Indianapolis, IN 46219

Indianapolis, IN Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

Need Help?

Popular Searches in Indianapolis, IN

Popular Categories

Most Searched ZIP Codes in Indianapolis, IN

Select Neighborhood