Hanley Investment Group Arranges Sale Of Retail Portfolio In Fishers & McCordsville For $30.5M
$30,500,000
$367/SF
Building Size
83,000 SF
Asset Type
Retail
Closing
Jan 22, 2026
AI
The transaction involved the sale of a retail portfolio situated in Fishers & McCordsville, Indiana, comprising four neighborhood retail centers with a total square footage of nearly 83,000 SF. The sale concluded on January 22, 2026, with a total transaction amount of $30,500,000, resulting in a price per square foot of $367.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30,500,000
- Sale Date: 01/22/2026
- Location: Fishers & McCordsville, IN
- Total Square Footage: 83,000 SF
- Price per Square Foot: $367
- Brokers: Dylan Mallory & Jeff Lefko - Hanley Investment Group; Bryan Belk - Franklin Street
Hanley Investment Group facilitated the sale, highlighting the strong demand for retail properties in central Indiana, with all properties fully occupied by a mix of national and local tenants. The transaction reflects stable performance across high-traffic submarkets, showcasing the viability of daily-needs retail in the area.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93