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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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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 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.

VIEW AVAILABLE MIDWEST LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Office

AT&T

Joplin, MO

Price/Gross SF: $55.46

Listing Price: $4,200,000

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Retail

Dollar General & Orlando's Market

North Kingsville, OH

Price/Gross SF: $29.96

Cap Rate: 7.25%

Listing Price: $1,025,000

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Apartments

Taylors Falls Villas

Taylors Falls, MN

Number of Units: 20

Cap Rate: 7.28%

Listing Price: $3,350,000

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Retail

Central Illinois Urgent Care Center

Lincoln, IL

Price/Gross SF: $250.69

Cap Rate: 7.75%

Listing Price: $1,454,000

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Net Lease

Best Buy

Lake Geneva, WI

Years Remaining On Lease: 3.7

Cap Rate: 7.68%

Listing Price: $5,299,000

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Net Lease

Dollar General

Bessemer, MI

Years Remaining On Lease: 1.1

Cap Rate: 7.35%

Listing Price: $1,272,109

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Net Lease

Dollar General

Shelburn, IN

Years Remaining On Lease: 11.3

Cap Rate: 7.25%

Listing Price: $1,174,055

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Retail

Alexandria Shoppes

Alexandria (Indianapolis MSA), IN

Price/Gross SF: $72.01

Cap Rate: 8.50%

Listing Price: $1,145,000

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Land

Walmart Adjacent Land 0.93 Acres

Taylorville, IL

Lot Size: 0.93 acres

Listing Price: $250,000

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Apartments

Eau Claire Apartments of HWY 53

Eau Claire, WI

Number of Units: 50

Listing Price: Request For Offer

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Net Lease

Andy's Frozen Custard (170+ Locations) | New Corporate 20-Yr. Absolute NNN | 1.75% Annual Increases

Schaumburg (Chicago MSA), IL

Cap Rate: 6.00%

Listing Price: $3,083,000

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Bidding Starts: Sep 8, 2025
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Retail

$1 Auction - REIT SALE | Former Medical Office | 16K VPD | 15,804 SF | 6.3 Acres | Detroit CSA

Monroe, MI

Bidding Ends: Sep 10, 2025

Starting Bid: $1

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Apartments

Yorkville & Plano Townhome Portfolio

Yorkville, IL

Number of Units: 7

Cap Rate: 6.94%

Listing Price: $1,610,000

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Net Lease

White Castle

Clarksville, IN

Years Remaining On Lease: 9.7

Cap Rate: 6.10%

Listing Price: $1,352,000

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Apartments

4040 S. Kinnickinnic Avenue

Saint Francis, WI

Number of Units: 20

Cap Rate: 6.29%

Listing Price: $2,100,000

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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.

VIEW ALL MIDWEST RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

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

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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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Wheeling Multi-Tenant Industrial Truck Parking

Press Releases

Marcus & Millichap Arranges $17.4M Sale and Financing of Industrial Property in Wheeling, Illinois

Marcus & Millichap announced today the sale and financing of 199 Shepard Avenue, a fully occupied industrial property located in Wheeling, Illinois.

August 07, 2025

Pine Crest Nursing Home

Press Releases

Marcus & Millichap Arranges $9.5M Sale of Skilled Nursing Facility in Merrill, Wisconsin

Marcus & Millichap announced today the sale of Pine Crest Nursing Home facility in Merrill, Wisconsin.

August 07, 2025

Davita Dialysis

Press Releases

Marcus & Millichap Arranges $4.2M Sale of Medical Office Property in Bronx, N.Y.

Marcus & Millichap announced today the sale of a net-leased DaVita Dialysis property situated in the New York MSA for $4.2 million.

August 05, 2025

Shops of Northwind

Press Releases

Marcus & Millichap Arranges $2.95M Sale of Four-Suite Strip Center in Libertyville, Ill.

Marcus & Millichap announced today the sale of The Shops of Northwind, a 20,416-square-foot, four-suite strip center in Libertyville, Illinois.

August 04, 2025

Dunlap Square

Press Releases

Marcus & Millichap Arranges Sale of Wisconsin Mixed-Use Property for $7.25 Million

Marcus & Millichap announced today the sale of Dunlap Square, a 97-unit multifamily and office property in Marinette, Wisconsin, for $7.25 million.

August 04, 2025

AAHOA Upper Midwest Hotel Owners Conference and Trade Show
Industry Events

AAHOA Upper Midwest Hotel Owners Conference and Trade Show

Marriott Oakbrook, Oak Brook, IL
August 14, 2025
AAHOA North Central Hotel Owners Conference and Trade Show
Industry Events

AAHOA North Central Hotel Owners Conference and Trade Show

Holiday Inn West Chester, West Chester, OH
August 21, 2025
5455 W 86th St

Press Releases

Marcus & Millichap Arranges Sale of 25-Suite Office Property in Indianapolis

Marcus & Millichap announced today the sale of 5455 W. 86th Street, a 24,362-square-foot office building in Indianapolis, Indiana

July 30, 2025

Portillos

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Portillo’s Restaurant Property in Houston

Marcus & Millichap announced today the sale of a net-leased Portillo’s restaurant property in Houston, Texas.

July 30, 2025

GRH Portfolio

Press Releases

Marcus & Millichap Brokers $6.65M Sale of 81-Unit Multifamily Portfolio in Michigan

Marcus & Millichap announced today the sale of an 81-unit multifamily portfolio in the Grand Rapids, Michigan MSA, for $6,651,000.

July 29, 2025

Crow's Nest

Press Releases

Marcus & Millichap Brokers Sale of 90-Unit Apartment Property in De Pere, Wisconsin

Marcus & Millichap announced today the sale of Crow’s Nest Apartments, a 90-unit multifamily property located in De Pere, Wisconsin.

July 29, 2025

Range USA Louisiana

Press Releases

Marcus & Millichap Arranges Sale of Range USA Location in Baton Rouge, Louisiana

Marcus & Millichap announced today the sale of Range USA, a 14,933-square-foot shooting range and retail property located in Baton Rouge, Louisiana.

July 28, 2025

Loras Estates

Press Releases

Marcus & Millichap Brokers Sale of 14-Unit Multifamily Property in Dickeyville, Wis.

Marcus & Millichap announced today the sale of Laras Estates Apartment Homes, a 14-unit multifamily property in Dickeyville, Wisconsin.

July 28, 2025

Randy's and Street Portfolio

Press Releases

Marcus & Millichap Arranges $3.7M Sale of 49-Unit Multifamily Portfolio in Muncie, Indiana

Marcus & Millichap announced today the sale of a 49-unit multifamily property in Muncie, Indiana for $3.7 million.

July 24, 2025

Frankfort Portfolio

Press Releases

Marcus & Millichap Arranges Sale of 73-Unit Multifamily Portfolio in Frankfort, Kentucky

Marcus & Millichap announced today the sale of a 73-unit, 9-building multifamily portfolio in Frankfort, Kentucky.

July 21, 2025

Keep Exploring

News & Events