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Junction Plaza 1624-1644 E State Road 44

2,500 - 21,500 SF of Retail Space Available in Shelbyville, IN 46176

Virtual Tour

Highlights

  • Junction Plaza is a heavily trafficked retail center, providing excellent space suitable for restaurant, retail, office, and medical uses.
  • Ample parking is available for tenants and visitors located steps away from each welcoming storefront.
  • Conveniently located along the highly visible and easily accessed E State Road 44 retail corridor with premier exposure and connectivity.
  • Strong center tenants include Studio 10 Cinemas, Pizza Hut, Subway, Cabinet Barn, and Cholula Mexican Restaurant, a local favorite.

Space Availability (4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1626 A/B/D
  • 2,500-10,000 SF
  • Negotiable
  • $13.75 /SF/YR $1.15 /SF/MO $148.00 /m²/YR $12.33 /m²/MO $11,458 /MO $137,500 /YR
  • Triple Net (NNN)
1624-1644 E State Road 44 - 1st Floor - Ste 1626 A/B/D
Space Use
Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Easy access to I-74
  • 1st Floor, Ste 1638
  • 4,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Negotiable
1624-1644 E State Road 44 - 1st Floor - Ste 1638
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Located in-line with other retail
  • 1st Floor, Ste 1640B
  • 5,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Negotiable
1624-1644 E State Road 44 - 1st Floor - Ste 1640B
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Located in-line with other retail
  • 1st Floor, Ste 1644
  • 2,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
1624-1644 E State Road 44 - 1st Floor - Ste 1644
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd Gen. Medical with specialized care rooms each with private bathroom

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1626 A/B/D 2,500-10,000 SF Negotiable $13.75 /SF/YR $1.15 /SF/MO $148.00 /m²/YR $12.33 /m²/MO $11,458 /MO $137,500 /YR Triple Net (NNN)
1st Floor, Ste 1638 4,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 1640B 5,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 1644 2,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1624-1644 E State Road 44 - 1st Floor - Ste 1626 A/B/D

Size
2,500-10,000 SF
Term
Negotiable
Rental Rate
$13.75 /SF/YR $1.15 /SF/MO $148.00 /m²/YR $12.33 /m²/MO $11,458 /MO $137,500 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Easy access to I-74

1624-1644 E State Road 44 - 1st Floor - Ste 1638

Size
4,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Located in-line with other retail

1624-1644 E State Road 44 - 1st Floor - Ste 1640B

Size
5,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Located in-line with other retail

1624-1644 E State Road 44 - 1st Floor - Ste 1644

Size
2,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd Gen. Medical with specialized care rooms each with private bathroom

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

TENANTS AT Junction Plaza

  • Tenant
  • Description
  • SIZE
  • MOVE DATE
  • US Locations
  • Reach
  • Enterprise Rent-A-Car
  • Auto Rental
  • -
  • -
  • 6,826
  • International
US Locations
Reach
6,826
International

Enterprise Rent-A-Car represents an ongoing success story in America. Its guiding principles and humble beginnings are rooted in personal honesty and integrity. The company is committed to strengthening communities one neighborhood at a time, treating customers like family, and rewarding hard work—values that have remained consistent since its founding in 1957. Today, Enterprise has established itself as the largest provider of transportation solutions, offering car and truck rentals, car sharing, and car sales. With over 8,000 locations worldwide, the company is always available to meet customer needs. In addition, Enterprise actively engages in sustainability, recognizing it as beneficial for business and essential for creating a better future for generations to come. Due to its size, the company is uniquely positioned to drive innovation, advance research, and implement market-driven solutions.

  • Dr Tavel Family Eye Care
  • Optical
  • -
  • 05/2019
  • 19
  • Local
US Locations
Reach
19
Local

Have confidence knowing that Dr. Tavel is your trusted partner in your personal eyecare journey. Since 1940, their 100% doctor-owned and operated organization has employed only the most skilled optometrists, meaning that you will have peace of mind knowing you made the right choice in your eyecare provider. Their highly-skilled doctors review your unique needs to provide vision solutions that improve your quality of life, backed by a vision insurance acceptance guarantee. Beyond this, they know that every Hoosier deserves quality eyecare and vision solutions at an affordable price. That is why they are proud to offer an extensive suite of services and products including comprehensive eye exams, special testing, co-management of eye diseases, eye glasses, contact lenses and much more. Their commitment to advancing eye health by investing in the latest technology, combined with understanding you as an individual, enables them to prescribe and provide treatments that are right for you.

  • Cholula Mexican Restaurant
  • Restaurant
  • -
  • -
  • 1
  • Local
US Locations
Reach
1
Local

Welcome to Cholula Mexican Restaurant 4, the ultimate destination for authentic Mexican cuisine in Shelbyville, IN. Since their establishment in 2004, they have been dedicated to providing thier customers with a memorable dining experience. From sizzling chimichangas to mouthwatering burritos, flavorful tortas to cheesy quesadillas, and traditional tacos, their menu is filled with a wide variety of delectable options. With their commitment to using fresh ingredients, bold flavors, and friendly service, they ensure that every visit to Cholula Mexican Restaurant 4 is a fiesta for your taste buds. Join them and discover the true essence of Mexican cuisine.

  • Bobcat Armament
  • Other Retail
  • -
  • -
  • 1
  • Local
US Locations
Reach
1
Local

A firearms and ammunition manufacturer located in Shelbyville, IN, established in 2014.

  • Pizza Hut
  • Pizza
  • -
  • -
  • 9,711
  • International
  • Studio 10 Cinemas LLC
  • Cinema
  • -
  • 06/2004
  • 2
  • National
Tenant Description SIZE MOVE DATE US Locations Reach
Enterprise Rent-A-Car Auto Rental - - 6,826 International
Dr Tavel Family Eye Care Optical - 05/2019 19 Local
Cholula Mexican Restaurant Restaurant - - 1 Local
Bobcat Armament Other Retail - - 1 Local
Pizza Hut Pizza - - 9,711 International
Studio 10 Cinemas LLC Cinema - 06/2004 2 National

PROPERTY FACTS FOR 1624-1644 E State Road 44 , Shelbyville, IN 46176

Min. Divisible 2,500 SF
Center Type Neighborhood Center
Parking 334 Spaces
Stores 16
Center Properties 4
Frontage 855’ on IN-44
Gross Leasable Area 76,852 SF
Total Land Area 41.52 AC
Year Built 1977

About the Property

Junction Plaza at 1624-1650 E State Road 44 is a bustling, approximately 74,000-square-foot shopping center on the outskirts of the Indianapolis metropolitan area. Various suites ranging in square footage are available, ready to accommodate a variety of users from traditional retail storefronts and restaurants to office opportunities for medical or other professional office tenants. Anchored by Studio 10 Cinemas and sporting a Pizza Hut, a Japanese Restaurant, and a local favorite, Cholula Mexican Restaurant, this recently acquired center is in the heart of the commercial district serving the growing Shelbyville region. Prominently located on Indiana State Highway 44 in Shelbyville, the property has incredible visibility and a seamless connection from Downtown Shelbyville to Interstate 74. Junction Plaza is easily accessible via several ingress/egress points and provides abundant on-site parking just steps away from each storefront. Shelbyville is a cozy suburban community about thirty miles southeast of Indianapolis, full of beautifully preserved historic buildings, quaint neighborhoods, and a vintage Downtown district. This vibrant area provides residents and visitors with a robust collection of amenities and conveniences, all within reach of Indiana’s biggest city. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms while also being sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Call today to find the right location for your business as Woodcrest usually has multiple retail opportunities in the immediate area.

Marketing Brochure

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
5,396
23,229
26,183
33,604
2029 Population
5,415
23,430
26,380
33,707
2024-2029 Projected Population Growth
0.4%
0.9%
0.8%
0.3%
Median Age
36.9
39.0
39.7
40.8
College Degree + Higher
13%
17%
18%
13%
Daytime Employees
3,126
13,094
16,597
20,486
Total Businesses
342
1,136
1,316
1,593
Average Household Income
$69,217
$70,148
$72,305
$75,313
Median Household Income
$60,898
$58,912
$60,068
$61,876
Total Consumer Spending
$58.3M
$254.6M
$292.9M
$390.7M
2024 Households
2,182
9,413
10,581
13,502
Average Home Value
$153,842
$157,140
$165,898
$182,234

Nearby Amenities

Restaurants

Cholula Mexican Restaurant 4 Mexican - 0 min walk
Pizza Hut - - 3 min walk
Bellacino's American $ 4 min walk
Taco Bell Fast Food - 4 min walk
Dairy Queen - - 4 min walk
El Meson Mexican Restaurant Mexican $ 6 min walk
Fiddler's Three Seafood $$$ 7 min walk
Burger King - - 7 min walk
Buffalo Wild Wings - - 7 min walk
China Wok Chinese $ 7 min walk

Retail

KeyBank Bank 3 min walk
Big Lots Discount Store 4 min walk
T-Mobile Wireless Communications 6 min walk
Anytime Fitness Fitness 6 min walk
Rural King Supply Discount Store 6 min walk
Cato Ladies' Apparel 6 min walk
Hibbett Sports Sporting Goods 6 min walk
World Finance Finance Company 6 min walk
Chase Bank Bank 6 min walk
Pet Supplies Plus Pet Shop/Supplies 7 min walk

Hotels

Quality Inn
67 rooms
4 min drive

Leasing Team

Leasing Team

(817) 927-0050
Contact
Chase Parten, Leasing Agent
(817) 927-0050
Contact
Chase is a Leasing Agent with Woodcrest Capital. Shortly after joining Woodcrest in 2021 to assist with special projects he joined the Brokerage team. A Fort Worth local, Chase played one year of Baseball at Clarendon College before tearing his ACL and transferring to Texas Tech. There he received a Bachelor’s degree in Media Strategies, where he was also Vice President of the wakeboard team. He then earned an MBA from Abilene Christian University. Chase enjoys traveling and the outdoors, he has a goal to hunt and fish in every state.
Power Broker
(817) 927-0050
Contact
Taylor Marks, Director of Brokerage
(817) 927-0050
Contact
Taylor is the Director of Brokerage for Woodcrest Brokerage Services. The Brokerage Department of Woodcrest handles all leasing and brokerage activities for over 75 retail centers across the United States totaling roughly 5 million square feet. A Fort Worth native, Taylor first interned with Woodcrest in 2006 before joining the team full time in 2014 after graduating from the University of Mississippi with a degree in Real Estate Finance. During his time in college Taylor worked as a firefighter for the Lafayette County Fire Department, which has the responsibility of providing fire protection and technical rescue services to the 679 square miles within the county. When not in the office he can most likely be found working on his family’s ranch located west of Fort Worth or enjoying the outdoors. Taylor is a licensed salesperson in the state of Texas, a member of the International Council of Shopping Centers and the Make-A-Wish foundation Wishmaker Club, and a lifetime member of the National Eagle Scout Association.

About the Owner

Read More
  • Listing ID: 26545359

  • Date on Market: 12/13/2023

  • Last Updated:

  • Address: 1624-1644 E State Road 44, Shelbyville, IN 46176

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