
Listed by C21 Commercial
$7,400,000
Main Street Shoppes
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 90,724
Units 18
Cap Rate 8.70%
NOI $644,305
Occupancy 98%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class B
Year Built 1972
Acreage 7.730
Zoning C-3
Parking Spaces 430 spaces
Parking Per SqFt 4.74
Investment Type Value Add
Tenant Credit Franchisee, No Credit Rating
Ground Lease No
4 Buildings/ 7.73 acres/ 92,844 sf
Marketing description
Main Street Shoppes at 1000–1044 E Main St, Brownsburg, IN 46112 is a compelling opportunity to acquire a high-visibility, multi-tenant retail center in one of Central Indiana’s fastest-growing communities. Encompassing approximately 92,844 SF across 4 buildings on 7.73 acres, the property offers excellent frontage along Main Street/US 136, strong access, and 430 parking spaces.
Positioned just minutes from I-74, I-465, and less than 8 miles from Indianapolis International Airport, Main Street Shoppes benefits from outstanding regional connectivity and daily traffic along a major Brownsburg corridor. The center features a diverse tenant mix of dining, service, entertainment, fitness, banking, and neighborhood retail, creating stable in-place income with broad consumer appeal.
This well-occupied asset includes a blend of long-term, new, and renewed leases, with many structured as NNN, offering investors durable cash flow and operational efficiency. Additional upside comes from below-market rents and leasing opportunities, providing a clear path for future income growth.
Surrounded by expanding residential neighborhoods, major employers, and strong household incomes, Main Street Shoppes is strategically positioned to capitalize on Brownsburg’s continued growth and retail demand.
Investment highlights
Main Street Shoppes, Brownsburg, IN
8.70% Cap Rate
Mix of long-term, new and renewed Triple net leases
Value Add Retail Center - In place cash flow with real upside potential in rent growth and replacement of below market rents.
Listing Contacts

Listed by C21 Commercial
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$644,305.00
$53,692.08/mo
Valuation Metrics
0
DSCR
8.71%
Cap Rate
8.71%
ROI
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