Speedway Shoppes

For Sale

5945 Crawfordsville Rd, Indianapolis (Speedway), IN 46224

This Indianapolis (Speedway) property for sale is located at 5945 Crawfordsville Rd. The general use of Speedway Shoppes is retail and it incorporates 16,000 square feet of class C retail space. The current listed sale price for Speedway Shoppes is $4,804,894. Speedway Shoppes is situated on a lot that is 2.04 acre in size.

Contacts

Deno Bistolarides

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
Indianapolis/Marion County is the twelfth largest city in the United States, and it is by-far one of our country’s most livable big cities. For those who reside and work here, our Indianapolis has a quality about it that makes even the heart of a bustling downtown feel like home. Visitors are drawn from all over the globe to enjoy our top-notch professional sports venues, a thriving convention industry and numerous cultural attractions. And when they arrive, they too experience the Hoosier character and hospitality that make Indianapolis special. As of 2017, Indianapolis is the third most populous city in the American Midwest and 16th most populous in the U.S., with an estimated population of 863,002. The Indianapolis metropolitan area is the 34th most populous metropolitan statistical area in the U.S., with 2,028,614 residents. Its combined statistical area ranks 27th, with a population of 2,411,086. Indianapolis is bursting with pride over its six unique Cultural Districts: The Canal and White River State Park, Fountain Square, Indiana Avenue, Market East, Mass Ave, and Wholesale District. Four of the six districts have homes directly in Downtown Indianapolis, while Fountain Square is just a mile southeast..
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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 ®

Powered by Walk Score ®

Location

  • City Indianapolis (Speedway), IN
  • Neighborhood Speedway
  • Zip Code 46224
  • Market Indianapolis

Points of Interest

  • Thorntons

    0.12 miles

  • Kroger

    0.15 miles

  • GetGo Gas Station

    0.43 miles

  • 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

  • ChargePoint

    2.02 miles

  • Leonard Park lot

    0.96 miles

  • Hulman Lot

    1.24 miles

  • IMS Lot 2

    1.25 miles

  • American Legion - Rear Lot

    1.26 miles

  • American Legion - South Lot

    1.28 miles

  • Walmart Lot

    1.28 miles

  • American Legion - RV Lot

    1.28 miles

  • IMS Lot 8

    1.28 miles

  • IMS Lot 9

    1.29 miles

  • IMS Lot 1A

    1.29 miles

  • Jimmy John's

    0.01 miles

  • Papa Murphy's

    0.01 miles

  • Grindstone Charley's

    0.07 miles

  • Applebee's

    0.18 miles

  • MCL

    0.23 miles

  • Pizza Hut

    0.25 miles

  • McDonald's

    0.29 miles

  • Long John Silver's

    0.32 miles

  • Taco Bell

    0.35 miles

  • Denny's

    0.37 miles

  • Kroger

    0.20 miles

  • Burlington

    0.22 miles

  • Speedway Shopping Center

    0.23 miles

  • Ross

    0.24 miles

  • TJ Maxx

    0.25 miles

  • Kohl's

    0.30 miles

  • Carniceria La Campos

    0.44 miles

  • ALDI

    0.57 miles

  • Walmart Neighborhood Market

    1.32 miles

  • Los Dos Hermanos

    1.36 miles

Contact Listing Broker
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