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Indianapolis, Indiana

Indianapolis Office

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600 E. 96th Street, Suite 500
Indianapolis, IN 46240
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Phone: (317) 218-5300
Fax: (317) 218-5310

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Josh Caruana

Josh Caruana

First Vice President/District Manager
View Indianapolis agents & originators

The Indianapolis Office

The Indianapolis office of Marcus & Millichap offers specialization in several areas of commercial real estate, including multifamily, retail, office, single-tenant net-lease, industrial, self-storage, seniors housing, hospitality, manufactured homes and special assets. These investment professionals maintain a strong share in the greater Indianapolis commercial property sector as well as throughout the Midwest real estate investment market. Agents often cooperate with their colleagues in other Marcus & Millichap offices in the Midwest, East Coast, West Coast, Florida and Texas, often sourcing capital from private and institutional real estate investors not available to other brokerages. The office does a large business in 1031 exchanges and crossover buyers within the local and Midwest markets.

CURRENT MIDWEST LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Retail

Sleep Number Three-Tenant Center | All New Construction

Columbus, IN

Price/Gross SF: $655.46

Cap Rate: 7.10%

Listing Price: $3,473,943

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Net Lease

Affordable Dentures & Implants

Sioux City, IA

Years Remaining On Lease: 5.0

Cap Rate: 7.50%

Listing Price: $1,920,000

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Net Lease

Walgreens NNN Lease with 5% Increases

Saint Charles, MO

Years Remaining On Lease: 13.4

Cap Rate: 6.65%

Listing Price: $3,894,135

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Net Lease

Take 5 Oil Change | Akron, OH

Akron, OH

Years Remaining On Lease: 7.1

Cap Rate: 6.50%

Listing Price: $769,000

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Retail

Ridgecrest Crossing

Arnold, MO

Price/Gross SF: $492.16

Cap Rate: 6.40%

Listing Price: $9,695,000

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Net Lease

Jiffy Lube

Columbus, OH

Years Remaining On Lease: 10.5

Cap Rate: 6.50%

Listing Price: $1,600,000

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Apartments

Nu Burdick

Kalamazoo, MI

Number of Units: 21

Listing Price: Request For Offer

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Retail

Heartland Dental & AT&T Shops

Waukesha, WI

Price/Gross SF: $469.69

Cap Rate: 7.25%

Listing Price: $3,820,000

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Apartments

Yorkville & Plano Townhome Portfolio

Yorkville, IL

Number of Units: 10

Cap Rate: 6.77%

Listing Price: $2,300,000

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Apartments

University Commons

Champaign, IL

Number of Units: 100

Cap Rate: 7.01%

Listing Price: $14,500,000

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Apartments

Nu Michigan

Kalamazoo, MI

Number of Units: 18

Listing Price: Request For Offer

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Net Lease

New Chipotle in the Outside of Downtown Louisville

New Albany, IN

Years Remaining On Lease: 12.7

Cap Rate: 5.50%

Listing Price: $2,451,818

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Industrial

7721 S Ashland Ave

Chicago, IL

Price/Gross SF: $59.09

Listing Price: $1,299,900

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Land

Commercial Land Opportunity | +/-4.94 Acres | Convenient Business Zoning | Corner Lot

Lebanon, OH

Lot Size: 4.94 acres

Listing Price: $750,000

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Office

745 McClintock Drive

Burr Ridge, IL

Cap Rate: 9.40%

Listing Price: $6,375,000

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Properties

RECENT MIDWEST RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

Employment

Research Brief

Employment

July 2025

Research Video

The Eye of the Storm? Interest Rates, Tariffs and Uncertainty

July 7, 2025

Research Video

Local Rent Gains and The Big Picture

June 30, 2025

Research Video

Flat Fed, Inflation Risks & Durability of Retail Sales

June 23, 2025

Economy

Research Brief

Financial Markets

June 2025

Research Video

Have Tariffs Increased Inflation? Not Yet…

June 16, 2025

GDP

Research Brief

Inflation

June 2025

Research Video

Emerging Cap Rate Spreads and Trends

June 9, 2025

Employment

Research Brief

Employment

June 2025

Research Video

New Tax Bill May Bolster CRE Investment Climate

June 2, 2025

Research Video

Interest Rates on the Rise?

May 27, 2025

GDP

Research Brief

Inflation

May 2025

Employment

Research Brief

Retail Sales

May 2025

Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

Service Partners

Press Releases

Marcus & Millichap Brokers $2.5M Sale of Columbus Industrial Property

Marcus & Millichap announced today the sale of a 25,360-square-foot industrial property, occupied by Service Partners, in Columbus, Ohio for $2,525,000.

July 10, 2025

Gentry Manor

Press Releases

Marcus & Millichap Brokers Sale of 88-Unit Multifamily Property in Glen Ellyn, Illinois

Marcus & Millichap announced today the sale of Gentry Manor, an 88-unit multifamily property in Glen Ellyn, Illinois.

July 08, 2025

Medical Office St Louis

Press Releases

Marcus & Millichap Arranges $6.3M Sale of St. Louis Medical Office Property

Marcus & Millichap announced today the sale of 5500 S. Broadway St., a 62,856-square-foot medical office property in St. Louis, Missouri, for $6.3 million.

July 07, 2025

Wave Point Hotel

Press Releases

Marcus & Millichap Arranges Sale of 24-Room Hotel and Marina Property in Sturgeon Bay, Wisconsin

Marcus & Millichap announced today the sale of Wave Pointe Hotel and Marina, a 24-room resort property in Sturgeon Bay, Wisconsin.

July 07, 2025

BMO Bank

Press Releases

Marcus & Millichap Brokers Sale of BMO Bank Property in Evanston, Illinois for $1.68M

Marcus & Millichap announced today the sale of a BMO Bank property in Evanston, Illinois, for $1,675,000.

July 02, 2025

11th Annual National Net Lease Summit
Industry Events

11th Annual National Net Lease Summit

University Club, Chicago, IL
July 24, 2025
GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

Holiday Center

Press Releases

Marcus & Millichap Arranges $4.6M Sale of 26-Unit Retail Property in Columbus, Indiana

Marcus & Millichap announced today the sale of Holiday Center, a four parcel, 26-unit retail strip property in Columbus, Indiana, for $4.6 million.

July 01, 2025

Holiday Inn Prospect Heights

Press Releases

Marcus & Millichap Arranges Sale of 108-Room Holiday Inn Express & Suites in Prospect Heights, Illinois

Marcus & Millichap announced today the sale of a Holiday Inn Express & Suites hotel property in Prospect Heights, Illinois.

July 01, 2025

Centre Square

Press Releases

Marcus & Millichap Brokers $4.1M Sale of 10-Suite Retail Property in Portage, Michigan

Marcus & Millichap announced today the sale of Centre Square, a two-building retail property in Portage, Michigan for $4.1 million.

June 30, 2025

Wells ME Storage

Press Releases

Marcus & Millichap Arranges Sale of Fully Entitled Self-Storage Development Site in Wells, Maine

Marcus & Millichap announced today the sale of an entitled self-storage development site at 71 Spencer Drive in Wells, Maine.

June 26, 2025

Master Crab

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Restaurant Property in Cape Coral, Fla.

Marcus & Millichap announced today the sale of a net-leased restaurant property occupied by Master Crab in Cape Coral, Florida.

June 25, 2025

Coolwood Plaza

Press Releases

Marcus & Millichap Brokers $12.4M Sale of Grocery-Anchored Retail Center in Valparaiso, Indiana

Marcus & Millichap announced today the sale of Coolwood Plaza, a grocery anchored retail center in Valparaiso, Indiana, for $12.4 million.

June 25, 2025

Storage Solutions USA and Bay Wash

Press Releases

Marcus & Millichap Brokers Sale of Middletown, N.Y., Storage and Car Wash Property

Marcus & Millichap announced today the sale of Storage Solutions USA and Bay Wash Car Wash, a 288-unit storage property and self-service car wash property in Middletown, New York.

June 24, 2025

AmericInn Sleepy Eye

Press Releases

Marcus & Millichap Brokers Sale of 38-Room AmericInn Hotel in Sleepy Eye, Minnesota

Marcus & Millichap announced today the sale of a 38-room AmericInn hotel property in Sleepy Eye, Minnesota.

June 24, 2025

Keep Exploring

News & Events