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Indianapolis, Indiana

Commercial Real Estate in Indianapolis

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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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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
Direct: (317) 218-5350
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The Indianapolis Office

The Indianapolis office of Marcus & Millichap offers investment sales and 1031 exchange expertise across property types including multifamily, industrial, retail, office, hospitality, and seniors housing. Indianapolis commercial real estate brokers serve local and regional investors while frequently collaborating with colleagues across the U.S. to source capital and cross-market opportunities. The office is known for facilitating real estate properties for sale transactions that align with long-term investment strategies, often involving institutional and private clients from outside Indiana.

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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Net Lease

Dollar General

Shelburn, IN

Years Remaining On Lease: 11.1

Cap Rate: 7.50%

Listing Price: $1,134,920

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Self-Storage

Euclid Self Storage

Euclid, OH

Year Built: 1994

Cap Rate: 4.30%

Listing Price: $1,400,000

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Take 5 Oil | Extremely Low Rent | Rare Corporate Guarantee

Youngstown, OH

Years Remaining On Lease: 14.5

Cap Rate: 5.40%

Listing Price: $1,157,407

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Bidding Starts: Nov 17, 2025
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Hospitality/Golf

AUCTION - Quality Inn Redgranite

Redgranite, WI

Price/Room: $11,250

Bidding Ends: Nov 19, 2025

Starting Bid: $450,000

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Retail

Dave & Busters / BioLife Anchored Center

Davenport, IA

Price/Gross SF: $196.41

Cap Rate: 8.16%

Listing Price: $11,965,000

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Apartments

Dover Place Apartments

Madison, IN

Number of Units: 55

Cap Rate: 7.57%

Listing Price: $3,750,000

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Hospitality/Golf

Best Western Plus Bloomington East Hotel

Bloomington, IL

Price/Room: $73,632

Cap Rate: 1.00%

Listing Price: $6,995,000

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Hospitality/Golf

Baymont by Wyndham Peoria

Peoria, IL

Price/Room: $34,454

Listing Price: $4,100,000

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Self-Storage

Bon Voyage Storage

Oglesby, IL

Year Built: 1945

Cap Rate: 0.82%

Listing Price: $1,200,000

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Dark Duly Medical / Owner User Possibility

St. Charles, IL

Years Remaining On Lease: 2.5

Cap Rate: 11.00%

Listing Price: $1,708,000

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Retail

Add Value Bucktown

Chicago, IL

Listing Price: Request For Offer

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IHOP - KANSAS CITY MSA · HIGH TRAFFIC (35,000+ VPD)

Olathe, KS

Cap Rate: 7.00%

Listing Price: $1,800,000

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Panera

Milwaukee, WI

Years Remaining On Lease: 10.8

Cap Rate: 7.25%

Listing Price: $2,480,000

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Apartments

High Profile Mixed Use Retail & Residential

Naperville, IL

Number of Units: 5

Cap Rate: 7.25%

Listing Price: $2,920,000

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Apartments

Bay View Four Family

Milwaukee, WI

Number of Units: 4

Cap Rate: 5.96%

Listing Price: $485,000

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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.

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mm retail

Market Report

Retail National Report

3Q 2025

Research Video

Four Reasons CRE Deal Flow Is Poised to Accelerate

October 13, 2025

mm federal reserve

Research Brief

Capital Markets

October 2025

Employment

Research Brief

Employment

October 2025

Research Video

Will The Federal Shutdown Impact CRE?

October 6, 2025

US Money

Research Brief

Government Shutdown

October 2025

Housing

Research Brief

Housing

September 2025

Research Video

How Baby Boomers Are Transforming the CRE Landscape

September 29, 2025

Employment

Research Brief

Demographics

September 2025

Economy

Research Brief

Retail Sales

September 2025

Research Video

The Fed Cut Rates — Now What?

September 22, 2025

US Money

Research Brief

Employment & Rates

September 2025

GDP

Research Brief

Financial Markets

September 2025

GDP

Research Brief

Inflation

September 2025

Research Video

CRE at a Crossroads: Jobs, Rates and Market Liquidity

September 15, 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.

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5019 North Ashland Ave

Press Releases

Marcus & Millichap Arranges Sale of Chicago Multifamily Property for $2.6 Million

Marcus & Millichap announced today the sale of 5019 North Ashland Avenue, a seven-unit multifamily property in Chicago, Illinois, for $2.6 million.

October 14, 2025

Whispering Pines

Press Releases

Marcus & Millichap Arranges $2.86M Sale of 48-Unit Multifamily Property in Paulding, Ohio

Marcus & Millichap announced today the sale of Whispering Pines, a 48-unit multifamily property in Paulding, Ohio, for $2,855,000.

October 14, 2025

3637 Bellaire Avenue

Press Releases

Marcus & Millichap Facilitates Sale of 18-Unit Multifamily Property in White Bear Lake, Minnesota for $2.46M

Marcus & Millichap announced today the sale of 3637 Bellaire Avenue, an 18-unit multifamily property in White Bear Lake, Minnesota, for $2,455,000.

October 14, 2025

Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
North Town Storage

Press Releases

Marcus & Millichap Arranges Sale of 402-Unit Self-Storage Property in Fremont, Ohio

Marcus & Millichap announced today the sale of North Town Storage, a 402-unit self-storage property in Fremont, Ohio.

October 09, 2025

Four Points

Press Releases

Marcus & Millichap Arranges Sale of Four Points by Sheraton Chicago O’Haire Airport

Marcus & Millichap announced today the sale of the Four Points by Sheraton Chicago O’Hare Airport hotel property in Schiller Park, Illinois.

October 06, 2025

2525 North Clark Street

Press Releases

Marcus & Millichap Facilitates Sale of Chicago Mixed-Use Property for $4.4M

Marcus & Millichap announced today the sale of 2525 North Clark Street, a mixed-use property in Chicago’s Lincoln Park neighborhood.

October 02, 2025

EZ Storage

Press Releases

Marcus & Millichap Arranges Sale of 635-Unit Self-Storage Property in Plymouth, Mich.

Marcus & Millichap announced today the sale of EZ Storage, a 635-unit self-storage property in Plymouth, Michigan.

October 02, 2025

Special Webcast: 2026 CRE Investment Outlook
Marcus & Millichap Events

Special Webcast: 2026 CRE Investment Outlook

Live Webcast
October 29, 2025
Southpoint Circle

Press Releases

Marcus & Millichap Arranges $4.25M Sale of Single-Tenant Industrial Property in Brownsburg, Indiana

Marcus & Millichap announced today the sale of a single-tenant net-lease industrial building in Brownsburg, Indiana, for $4.25 million.

October 01, 2025

Hampton Place

Press Releases

Marcus & Millichap Arranges $2.35M Sale of 42-Unit Multifamily Property in St. Cloud, Minnesota

Marcus & Millichap announced today the sale of Hampton Place, a 42-unit multifamily property in St. Cloud, Minnesota, for $2.35 million.

September 30, 2025

Childcare Network

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Childcare Facility in Locust Grove, Ga.

Marcus & Millichap announced today the sale of a net-leased childcare facility, occupied by Childcare Network, in Locust Grove, Georgia.

September 29, 2025

NAIOP I.CON Central
Industry Events

NAIOP I.CON Central

Hyatt Regency Columbus, Columbus, Ohio
November 3 – November 4, 2025
Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Commercial Real Estate Revival – Key Forces Supporting the CRE Investment Outlook

September 23, 2025

The Wall Street Journal

Media

Lower Rates Are Set to Juice the Commercial-Property Market

New interest-rate easing cycle could lead to more property sales and lending, reversing yearslong slide

September 23, 2025

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News & Events