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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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Net Lease

IHOP 24/7 Location with New 25 Year Lease

Kansas City, MO

Cap Rate: 6.50%

Listing Price: $3,995,000

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Net Lease

Dollar General - Rare All-Wood Prototype | 6.50% CAP | Outside Indianapolis | 15 Yr Absolute NNN

Connersville (Near Indianapolis), IN

Years Remaining On Lease: 14.7

Cap Rate: 6.75%

Listing Price: $1,649,303

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Retail

McDonald's | Verizon | Perham

Perham, MN

Price/Gross SF: $352.93

Cap Rate: 6.71%

Listing Price: $1,399,000

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Net Lease

HSHS Drive-Thru Care

O'Fallon, IL

Years Remaining On Lease: 4.4

Cap Rate: 7.30%

Listing Price: $1,400,000

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Apartments

St. Croix County Condo Portfolio (16 Parcels - 4 Buildings Total)

New Richmond, WI

Number of Units: 16

Listing Price: Request For Offer

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Apartments

The Fox Village Student Housing

Menasha, WI

Cap Rate: 8.76%

Listing Price: $4,750,000

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Apartments

Southport And Wellington

Chicago, IL

Number of Units: 10

Cap Rate: 7.24%

Listing Price: $6,400,000

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Retail

Autozone Retail Center | Jewel Shadow Anchor

Orland Park, IL

Price/Gross SF: $172.34

Cap Rate: 6.75%

Listing Price: $2,400,000

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Net Lease

Dollar General | 9.5 Years Remaining | Abs NNN

Toluca, IL

Years Remaining On Lease: 9.5

Cap Rate: 7.15%

Listing Price: $1,127,000

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Retail

Marion Shopping Center

Marion, IL

Price/Gross SF: $207.59

Cap Rate: 7.25%

Listing Price: $5,086,000

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Net Lease

Dairy Queen

Indianapolis, IN

Years Remaining On Lease: 17.2

Cap Rate: 6.25%

Listing Price: $1,806,840

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Net Lease

Walgreens | Dark Location | $1.15M Remaining Rent Obligation

Indianapolis, IN

Years Remaining On Lease: 6.9

Cap Rate: 8.50%

Listing Price: $1,964,000

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Net Lease

Dollar General | 15 Yr Abs Net Lease w/ Rent Increases | 2024 Rare All-Wood Prototype Construction

Rochester, IN

Years Remaining On Lease: 15.3

Cap Rate: 6.50%

Listing Price: $1,668,000

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Retail

Shops at JCPenney - Corbin Park

Overland Park, KS

Price/Gross SF: $178.64

Cap Rate: 10.00%

Listing Price: $3,650,000

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Net Lease

Chipotle

Indianapolis, IN

Years Remaining On Lease: 14.7

Cap Rate: 5.00%

Listing Price: $2,500,000

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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.

Research Video

Office, Retail and Hotel Fundamentals Update

December 4, 2023

Research Video

3Q CRE Update; Performance Trends to Watch

November 27, 2023

Research Video

Holiday Retail Sales Outlook

November 20, 2023

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Special Report

Senior Housing National Report

2H 2023

Medical

Special Report

Skilled Nursing National Report

2H 2023

Research Video

Sale Leasebacks in the Industrial Market

November 16, 2023

Research Video

Impact of Tightened Lending on CRE

November 13, 2023

Research Video

State of the Net-Lease Retail Market

November 9, 2023

Employment

Research Brief

Employment

November 2023

Research Video

Implications of the November Fed Meeting

November 6, 2023

Research Video

What's on the Horizon for the Industrial Market?

November 2, 2023

Research Video

How Does the Housing Market Impact CRE?

October 30, 2023

Retail

Special Report

Retail National Report

4Q 2023

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Special Report

U.S. Single-Tenant Net-Leased Retail National Report

2H 2023

GDP

Research Brief

Inflation

October 2023

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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.

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Convention Center, New York, NY
December 6 – December 7, 2023
Globe St. Healthcare
Industry Events

Globe St. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 11 – December 12, 2023
Hotel Portfolio

Press Releases

Marcus & Millichap Arranges the Sale of a 136-Room Hotel Portfolio

Marcus & Millichap announced today the sale of the 60-room Fairfield Inn & Suites and Holiday Inn Express & Suites located in Burlington, IA, according to Todd E. Lindblom, regional manager of the firm’s Minneapolis office

November 30, 2023

Wrangler Hotel

Press Releases

Marcus & Millichap Arranges the Sale of a 60-Room Full-Service Hotel

Marcus & Millichap announced today the sale of the 60-room Wrangler Hotel and Windjammer restaurant located in Mobridge, SD, according to Todd E. Lindblom, regional manager of the firm’s Minneapolis office

November 30, 2023

The Commons

Press Releases

Marcus & Millichap Closes Inver Grove Heights Apartment Asset Sale

Marcus & Millichap announced today the sale of 8213 College Trail, a four-building apartment complex totaling sixty units in the City of Inver Grove Heights, MN, according to Todd E. Lindblom, regional manager of the Minneapolis office

November 29, 2023

Connect CRE logo

Media

Marcus & Millichap Forges Partnership with Proptech Firm Archer

Marcus & Millichap has formed a strategic partnership that includes an equity investment and commercial relationship with Archer, a venture-backed real estate technology company.

November 18, 2023

Tatum Apts

Press Releases

Marcus & Millichap Closes Minneapolis Apartment Asset Sale

Marcus & Millichap announced today the sale of 1707 Tatum Street, a multifamily community totaling 11 units in the City of Falcon Heights, MN, according to Todd E. Lindblom, regional manager of the Minneapolis office

November 17, 2023

Alsip Apartments

Press Releases

Marcus & Millichap Arranges the Sale of a 30-Unit Apartment Building in Alsip, Illinois

Marcus & Millichap announced today the sale of a 30-unit apartment property located in Alsip, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office

November 17, 2023

Superior SS

Press Releases

Marcus & Millichap Arranges the Sale of a 31,210-Square-Foot Self-Storage Property in Rockford, Illinois

Marcus & Millichap announced today the sale of Superior Self Storage of Rockford, a 31,210-square-foot self-storage property located in Rockford, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office

November 14, 2023

Storage Masters

Press Releases

Marcus & Millichap Announces the Sale of Storage Masters, a Two Property Self-Storage Portfolio in Kentucky

Marcus & Millichap announced today the sale of Storage Masters, a two property self-storage portfolio located in Crestwood, Kentucky.

November 14, 2023

DG Kansas IL

Press Releases

Marcus & Millichap Announces the Sale of Dollar General, a 7,489-Square-Foot Net-Leased Property in Illinois

Marcus & Millichap announced today the sale of a 7,489-square-foot Dollar General located in Kansas, Illinois

November 14, 2023

Dollar General MI

Press Releases

Marcus & Millichap Announces the Sale of Dollar General, a Net-Leased Property in Otisville, Michigan

Marcus & Millichap announced today the sale of Dollar General, a 9,026-square-foot net-leased property located in Otisville, Michigan.

November 13, 2023

Tinley Park Apt

Press Releases

Marcus & Millichap Arranges the Sale of a 24-Unit Apartment Building in Tinley Park, Illinois

Marcus & Millichap announced today the sale of 16627 & 16639 Jean Lane, a 24-unit apartment property located in Tinley Park, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office

November 10, 2023

Lake Avenue

Press Releases

Marcus & Millichap Arranges the Sale of a 45,250-Square-Foot Self-Storage Property in Wilmette, Illinois

Marcus & Millichap announced today the sale of Lake Avenue Lock-Up, a 45,250-square-foot self-storage property located in Wilmette, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office

November 08, 2023

Ashland Apt

Press Releases

Marcus & Millichap Arranges the Sale of a 12-Unit Apartment Building in Aurora, Illinois

Marcus & Millichap announced today the sale of a 12-unit apartment property located in Aurora, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office

November 06, 2023

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News & Events