Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Strip
- Property Size 16,000 SF
- Units 11
- Lot Size 2.04 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1989
- Date Updated Oct 14, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% occupied retail center situated on 2.04 acres in Speedway, Indiana, within the strong and growing Indianapolis MSA.
- All tenants operate under triple-net leases with reimbursement structures that include management and administrative fees, supporting an efficient and stable income stream.
- Offered at an attractive 7.47% cap rate and approximately $300/SF, providing an opportunity to acquire a stabilized retail asset at a compelling basis within an established Indianapolis retail corridor.
- Seven of the nine tenants have occupied the center for more than 10 years, demonstrating strong tenant retention and long-term location stability.
Getting around
-
79/100
Walk Score ®
-
72/100
Bike Score ®
Location
- City Indianapolis (Speedway), IN
- Neighborhood Speedway
- Zip Code 46224
- Market Indianapolis
Points of Interest
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Thorntons
0.12 miles
-
Kroger
0.15 miles
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GetGo Gas Station
0.43 miles
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Shell
1.33 miles
-
BP
1.37 miles
-
Marathon
1.40 miles
-
Speedway
1.43 miles
-
Sunoco
1.43 miles
-
IMS Fuel Station
1.51 miles
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ChargePoint
2.02 miles
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Leonard Park lot
0.96 miles
-
Hulman Lot
1.24 miles
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IMS Lot 2
1.25 miles
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American Legion - Rear Lot
1.26 miles
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American Legion - South Lot
1.28 miles
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Walmart Lot
1.28 miles
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American Legion - RV Lot
1.28 miles
-
IMS Lot 8
1.28 miles
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IMS Lot 9
1.29 miles
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IMS Lot 1A
1.29 miles
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Jimmy John's
0.01 miles
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Papa Murphy's
0.01 miles
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Grindstone Charley's
0.07 miles
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Applebee's
0.18 miles
-
MCL
0.23 miles
-
Pizza Hut
0.25 miles
-
McDonald's
0.29 miles
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Long John Silver's
0.32 miles
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Taco Bell
0.35 miles
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Denny's
0.37 miles
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Kroger
0.20 miles
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Burlington
0.22 miles
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Speedway Shopping Center
0.23 miles
-
Ross
0.24 miles
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TJ Maxx
0.25 miles
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Kohl's
0.30 miles
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Carniceria La Campos
0.44 miles
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ALDI
0.57 miles
-
Walmart Neighborhood Market
1.32 miles
-
Los Dos Hermanos
1.36 miles
Encore Real Estate Investment Services