Investment Overview
As exclusive advisor, Newmark is pleased to present the opportunity to acquire Greenfield Crossing – a 70,825 square foot, best-in-class power center located in Greenfield, Indiana (Indianapolis MSA). Shadow anchored by The Home Depot, the subject property is comprised of five dominant national tenants including Kohl’s and PetSmart.
Serving the trade area since 2017, Greenfield Crossing is a dominant retail destination in this high growth Indianapolis suburb. The asset is positioned in very close proximity to both a Walmart Supercenter and Interstate-70. Other prominent retailers in the immediate vicinity consist of Chick-fil-A, Starbucks, ALDI, Culver’s, Applebee’s, Tractor Supply, Dollar Tree and many others. Combined with the market’s population and employment growth, this offering provides IRR-conscious investors with the rare opportunity to acquire a dominant regional shopping center.
Investment Highlights
- NATIONAL TENANTS SHADOW ANCHORED BY THE HOME DEPOT
- LONG-TERM LEASES WITH RENTAL RATE ESCALATIONS
- OUTSTANDING REAL ESTATE FUNDAMENTALS
- HIGH GROWTH INDIANAPOLIS MSA / STRONG DEMOGRAPHICS