Greenbrook Shoppes, 56,992 square feet, stands prominently in the primary retail district on Indianapolis’s south side. Positioned strategically along US-31 South, it facilitates smooth access from all lanes of traffic ensuring seamless traffic flow. This center maintains full occupancy, underscoring its appeal in a competitive marketplace. With an average base rent —substantially below the market’s average of $17.50—Greenbrook Shoppes presents a significant opportunity for value enhancement. The area surrounding Greenbrook is shared by national retailers and attractions such as Greenwood Park Mall, Hobby Lobby, Michael’s, and Lowe’s Home Improvement, positioning it as a focal point in the retail landscape and offering strategic investment potential.
100% Occupancy - Strong tenant mix with complimentary uses and having high levels of
occupancy since the center’s construction in 1986 allows for the Landlord to have peace of
mind to the future occupancy of the center
Below Market Rent - The property's average Base Rent is below comparable centers
in the area, with other centers averaging $17.50 psf
Landlord Termination Rights - Fast termination options would allow a buyer to capture
new market opportunities in an inexpensive manner