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Indianapolis, Indiana

Commercial Real Estate in Indianapolis

Contact Our Office

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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Land

Former Denny's - Redevelopment Opportunity

Mattoon, IL

Lot Size: 1.22 acres

Listing Price: $700,000

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Net Lease

Club Studio (LA Fitness Corporate) | Carmel, IL

Carmel, IN

Years Remaining On Lease: 16.6

Cap Rate: 6.75%

Listing Price: $13,155,556

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Net Lease

VASA Fitness | Lafayette, IN

Lafayette, IN

Years Remaining On Lease: 9.4

Cap Rate: 8.00%

Listing Price: $9,256,238

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Net Lease

VASA Fitness | New Berlin, WI

New Berlin, WI

Years Remaining On Lease: 11.8

Cap Rate: 7.25%

Listing Price: $11,747,578

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Net Lease

Advance Auto Parts | Hard Corner Highway Exit Location | Sidney, OH

Sidney, OH

Years Remaining On Lease: 6.3

Cap Rate: 7.50%

Listing Price: $1,395,000

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Apartments

Yorkville & Plano Townhome Portfolio

Yorkville, IL

Number of Units: 3

Cap Rate: 7.41%

Listing Price: $690,000

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Land

Joliet Heavy Industrial Zoned Land

Joliet, IL

Lot Size: 56.30 acres

Listing Price: $2,000,000

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Apartments

Sheridan Apartments

Pekin, IL

Number of Units: 24

Cap Rate: 8.45%

Listing Price: $1,450,000

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Industrial

180 Shepard Ave

Wheeling, IL

Price/Gross SF: $104.21

Cap Rate: 8.80%

Listing Price: $1,950,000

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Net Lease

Storming Crab

Rockford, IL

Years Remaining On Lease: 10.1

Cap Rate: 7.50%

Listing Price: $2,200,000

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Medical Office

Ascension Medical / AMSURG Surgery & LiveWell Homecare

Shawnee, KS

Cap Rate: 7.70%

Listing Price: $1,995,000

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Net Lease

Wendy's | 18yrs NNN | 5.95% Cap | Extremely High Net Worth PG

Flushing, MI

Years Remaining On Lease: 17.7

Cap Rate: 5.95%

Listing Price: $1,503,529

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Net Lease

ThyssenKrupp Materials NA Headquarters

Southfield, MI

Years Remaining On Lease: 5.8

Listing Price: $11,486,000

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Apartments

7600 South South Shore Drive

Chicago, IL

Number of Units: 39

Cap Rate: 11.18%

Listing Price: $2,500,000

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Retail

US Department of Veterans Affairs

Harrisburg, IL

Price/Gross SF: $226.89

Cap Rate: 8.04%

Listing Price: $2,700,000

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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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Research Video

Durable Retail Sales Positive For CRE

August 25, 2025

Economy

Research Brief

Retail Sales

August 2025

Research Video

Inflation Still Looks Tame – Should the Fed Cut Rates?

August 18, 2025

GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

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

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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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Eola Crossing

Press Releases

Marcus & Millichap Arranges $2.8M Sale of 9-Suite Retail Strip in Aurora, Illinois

Marcus & Millichap announced today the sale of Eola Crossing, a 9-suite retail strip in Aurora, Illinois, for $2,825,000.

August 26, 2025

Former Auto Dealership

Press Releases

Marcus & Millichap Arranges Sale of Former Auto Dealership Property in Madison Heights, Michigan

Marcus & Millichap announced today the sale of 101 W. 14 Mile Rd., a former auto dealership property, in Madison Heights, Michigan.

August 26, 2025

Noble Square Portfolio

Press Releases

Marcus & Millichap Brokers $7.9M Sale of 38-Unit Multifamily Portfolio in Chicago

Marcus & Millichap announced today the sale of a six-property, 38-unit multifamily property portfolio in the Noble Square neighborhood of Chicago, Illinois.

August 26, 2025

Bloomington Commons

Press Releases

Marcus & Millichap Arranges $13.4M Sale of Schnucks-Anchored Shopping Center in Bloomington, Illinois

Marcus & Millichap announced today the sale of Bloomington Commons, a 15-suite shopping center anchored by Schnucks in Bloomington, Illinois.

August 20, 2025

1813 Park Ave

Press Releases

Marcus & Millichap Arranges Sale and Financing of Two-Suite Retail Property in Plover, Wisconsin

Marcus & Millichap announced today the sale and financing of 1813-1819 Park Ave., a two-suite retail property in Plover, Wisconsin.

August 20, 2025

Park Forest Apartments

Press Releases

Marcus & Millichap Facilitates $4.85M Sale of 64-Unit Multifamily Property in Marion, Indiana

Marcus & Millichap announced today the sale of Park Forest Apartments, a 64-unit multifamily property in Marion, Indiana, for $4.85 million.

August 19, 2025

KDC Portfolio

Press Releases

Marcus & Millichap Arranges $7.4M Sale of Multifamily Portfolio in Indiana

Marcus & Millichap announced today the sale of a portfolio including 76 apartment units and three retail units in Hartford City, Spiceland, Knightstown and Rushville, Indiana.

August 19, 2025

Busy Bees El Mirage

Press Releases

Marcus & Millichap Arranges $3.35M Sale of Busy Bees Child Care Center in El Mirage, Arizona

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by Busy Bees Child Care Center in El Mirage, Arizona, for $3,350,000.

August 18, 2025

Planet Fitness.DollarTree.Dillons

Press Releases

Marcus & Millichap Brokers $3.4M Sale of Five-Suite Retail Strip in Hutchinson, Kansas

Marcus & Millichap announced today the sale of 401 E. 4th Ave., a four-suite retail strip and a Dillon’s Fuel Station Ground Lease in Hutchinson, Kansas.

August 18, 2025

Forefront Dermatology

Press Releases

Marcus & Millichap Arranges $2.5M Sale of Medical Office Property in Libertyville, Ill.

Marcus & Millichap announced today the sale of 1234 N Milwaukee Ave., a net-leased medical office occupied by Forefront Dermatology in Libertyville, Illinois.

August 14, 2025

AmericInn Detroit Lakes

Press Releases

Marcus & Millichap Brokers Sale of 46-Room AmericInn Hotel in Detroit Lakes, Minn.

Marcus & Millichap announced today the sale of a 46-room AmericInn hotel property in Detroit Lakes, Minnesota.

August 14, 2025

8220 Fulton St E, Ada, MI 49301

Press Releases

Marcus & Millichap Arranges Sale of 342-Unit Self-Storage Facility Near Grand Rapids

Marcus & Millichap announced today the sale of Ada Attic Self-Storage, a 342-unit self-storage facility in Ada, Michigan

August 12, 2025

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

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News & Events