Cherry Tree Plaza stands as the premier power center on the east side of Indianapolis, strategically positioned at the high-traffic intersection of Washington Street and Mitthoeffer Road. Anchored by top-tier national retailers including Best Buy, Ross Dress for Less, PetSmart, OfficeMax, Marshalls, LA Fitness, and Aldi, the center benefits from exceptional co-tenancy and consistently high retail sales volumes. With a 100% leased retail footprint, the remaining opportunity lies in its available outlots, offering ±0.78 to ±4.1625 acres for lease—ideal for freestanding retail, QSR, medical, or service-oriented users seeking visibility and synergy with established anchors.
The site boasts daily traffic counts of 32,437 vehicles on Washington Street and 11,250 on Mitthoeffer Road, ensuring robust exposure. The surrounding area includes a dense and diverse population of over 151,000 within a five-mile radius, with average household incomes exceeding $79,000. Daytime population metrics further support strong lunch and service demand, with over 90,000 individuals active in the area. The plaza’s layout includes prominent pylon signage and multiple access points, enhancing visibility and convenience for future tenants.
Andrew Hasbrook
Sandor Development Company
