Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap is pleased to offer for sale the fee simple interest in Washington Plaza, a ±50,107 square foot retail center located at 10030 E Washington Street in Indianapolis, Indiana (the "Property”). The Property presents a strong investment opportunity to purchase a Target shadow-anchored, 100% occupied shopping center within a dense Indianapolis submarket. Washington Plaza is comprised of a 50,107 square foot building with 277 parking spaces on 5.25 acres. The Property is 100% occupied by local, regional, and national tenants including JOANN Fabrics and H&R Block. JOANN has had a successful operating history at the center since 2011. The Property benefits from positioning across from a Target anchored mall and within a major retail corridor. Nearby national tenants include Walmart, Kroger, Best Buy, Hobby Lobby, Chick-fil-A, LA Fitness, Aldi, and many others. Located just outside the beltway in a thriving and growing Indianapolis community, the Property presents investors with a centrally located asset surrounded by dense residential communities in the middle of a busy retail corridor. The Property is situated just off E Washington Street, a major retail corridor within the submarket, and benefits from traffic counts of 34,000 vehicles per day. The Property serves a trade area that benefits from strong demographics with a population of 144,106 residents and an average household income of $69,381 within a 5-mile radius.