Corner Shoppes | McCordsville, IN (Indy MSA)
Retail | 6.50% CAP | 5,380 SqFt
Marketing description
Veritas Realty is pleased to present the exclusive opportunity to acquire the newly developed three tenant “Corner Shoppes” neighborhood retail center in McCordsville, IN (Indy MSA). Positioned on the NE side of the Indianapolis MSA, this center is perfectly positioned to capture the continued growth of Hancock County. Within a 1-mile radius of the Corner Shoppes there are 1,161 approved single family homes that will be delivered over the next several years including three adjacent neighborhoods Hampton Walk (200 SFH), Jacobi Farms (450 SFH), Colondale (246 SFH) and the new $50M mixed-use McCordsville Town Center. The center is 100% leased to three tenants and anchored by Qdoba. The new construction center features an end-cap drive through and 34 parking spaces.
Investment highlights
New Construction with transferrable warranties
Strong franchisees (Qdoba & West Coast Sourdough) along with an expanding local coffee operator
Drive-Thru End Cap
Rapidly expanding market in the Indianapolis MSA
WALT of 9+ years
3-Mile Demographics (2025):
32,901 People
$168,731 Avg Household Income
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