Plainfield Village | Class B Neighborhood Retail | Indianapolis MSA

Highlights:

• 86% Leased — All Tenants on NNN Structures: Full landlord expense recovery delivers passive in-place cash flow with no operating leakage.
• Hopebridge Anchor — 115+ Centers, 12 States: National medical anchor occupies 21.8% of GLA under a long-term lease running through 2030.
• 3,800 SF Small-Shop Lease-Up Opportunity: Two vacant suites totaling 3,800 SF offer near-term NOI growth in a high-demand retail corridor.
• Indianapolis MSA Retail on US-40 Corridor: Fronts US Route 40 with 31,700 vehicles per day in Plainfield's primary retail trade area.
• 51M SF Logistics Hub Drives Daytime Demand: Surrounded by 51M SF of industrial and distribution facilities feeding daily retail traffic.
• 41,652 SF Class B Strip Center, Built 2007: Modern EIFS façade with shallow-bay configuration offering flexible suites for daily-needs retail.

Description:

Copy and paste this link to view full auction details on RI Marketplace: https://rimarketplace.com/auction/2635/retail/plainfield/in?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=june24_2026&utm_content=retail_2635

Marcus & Millichap in partnership with RI Marketplace, is pleased to present 160 Plainfield Village Drive, a 41,652 SF neighborhood retail center in the high-growth Indianapolis MSA suburb of Plainfield, Indiana. Built in 2007 with a modern EIFS façade and a functional shallow-bay layout, the Class B center is 86% occupied with every tenant operating under NNN leases that deliver 100% recovery of landlord operating expenses. The asset is anchored by Hopebridge Autism Therapy Center — a national medical operator with 115+ locations across 12 states — which occupies 21.8% of GLA under a long-term lease running through 2030, alongside complementary tenants including Ortho Indy, Simply Chic, and six daily-needs small-shop occupiers. Two remaining vacancies totaling 3,800 SF offer near-term NOI growth through small-shop lease-up. The Property fronts US Route 40 with 31,700 vehicles per day, surrounded by Chick-fil-A, Starbucks, Wendy's, Walmart, Tractor Supply, and Target, and sits within one of the Midwest's largest logistics corridors — over 51M SF of highly occupied industrial and distribution space anchoring daytime demand. With durable in-place cash flow, a credit-quality medical anchor, and clear lease-up upside in a fast-growing Indianapolis suburb, the Property offers stabilized retail income with a defined path to NOI growth.

160 Plainfield Village Drive fronts US Route 40 — the National Road — in the heart of Plainfield, Indiana, a high-growth suburb 15 miles west of Downtown Indianapolis. The property sits within a dense national retail corridor anchored by Walmart, Target, Chick-fil-A, Starbucks, and Tractor Supply, with the Indianapolis International Airport and FedEx SuperHub minutes away.


Bidding Opens
Jun 23, 2026 12:00 AM
Bidding Ends
Jun 25, 2026 12:00 AM

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