Southport Village Center

For Lease

7015-7017 Madison Ave., Indianapolis, IN 46227

You can currently find 1 retail space(s) available for lease at Southport Village Center. Designated use type for space listed here includes retail. Current retail listings at this property total 3,165 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Southport Village Center.

Space Available For Lease 1

Contacts

Phil Cohn

Arnold Meyer Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,330 SF
  • Units 2
  • Property Tenancy Multi-Tenant
  • Year Built 1966
  • Year Renovated 2025
  • Date Updated Oct 2, 2026
Strategically positioned along Madison Avenue on Indianapolis’ south side, 7017–7019 Madison Avenue offers excellent visibility and convenient access within an established commercial corridor. Located at the intersection of Southport Rd. and Madison Ave., this property receives very high visibility, with approx. 40,800 VPD at the busy intersection. The property is surrounded by a diverse mix of retail, restaurants, professional services and residential neighborhoods, providing a strong customer base and steady daily activity. Its proximity to I-465 and US 31 provides efficient connectivity to downtown Indianapolis, the greater south side and surrounding communities. Greenwood is approximately 5 miles south, while Downtown Indianapolis is approximately 9 miles north, providing convenient access to both major employment centers and surrounding communities.7017-7019 Madison Avenue presents a versatile retail opportunity. Perfect for a grocery-ready space, with existing equipment and shelving staying. The property offers a clean, functional footprint well suited for tenant improvement, customer-facing operations, or long-term hold strategies. Its retail configuration supports efficient merchandising, operational flow, and branding opportunities. With straightforward accessibility, ample parking, and a new roof as of 2025, this property can be a variety of commercial uses. Other tenants in the center include, PPG Paints, China Garden and Mizo Choka Asian Restaurant.
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Highlights

  • 3,165 SF Retail space for lease
  • Functional layout for a range of retail uses
  • Grocery-ready space, with equipment and shelving staying
  • High visibility, with pylon signage available
  • New roof added in 2025
  • Zoned C3

Attachments

Getting around

  • 67/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood Southport
  • Zip Code 46227
  • Market Indianapolis

Points of Interest

  • Speedway

    0.13 miles

  • Phillips 66

    1.02 miles

  • Circle K

    1.54 miles

  • GetGo

    1.95 miles

  • Tesla Supercharger

    2.67 miles

  • Electrify America

    3.35 miles

  • ChargePoint

    6.74 miles

  • Tesla Destination Charger

    8.88 miles

  • ADA Parking

    2.36 miles

  • Visitor

    3.10 miles

  • Public Parking (PNC Bank Parking Lot)

    3.64 miles

  • Public Parking (First Baptist Church of Greenwood)

    3.66 miles

  • Large Vehicle Parking Lot

    3.86 miles

  • Knight's Inn Check-In Parking

    3.86 miles

  • Truck Parking

    3.89 miles

  • Lot C

    6.63 miles

  • LaRosa South

    6.66 miles

  • Lot 43 South

    6.69 miles

  • DQ Grill & Chill

    0.06 miles

  • Papa John's

    0.15 miles

  • Bubba's 33

    0.95 miles

  • Five Guys

    0.96 miles

  • Taco Bell

    0.97 miles

  • Wingstop

    0.97 miles

  • Metro Diner

    0.97 miles

  • Jaggers

    1.01 miles

  • Dunkin'

    1.02 miles

  • Noodles & Company

    1.03 miles

  • Lemro Asian Grocery Store

    0.00 miles

  • Ram Tha Asian Grocery

    0.06 miles

  • Ti Ti Asian Grocery

    0.19 miles

  • Lelen Asian Grocery Store

    0.21 miles

  • Walmart Supercenter

    0.89 miles

  • Saraga International Grocery

    0.97 miles

  • Burlington

    0.98 miles

  • Kroger

    1.12 miles

  • Big Lots

    1.57 miles

  • 21 Asian Grocery

    1.62 miles

7015-7017 Madison Ave. Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Southport Village Center asks $15.00/SF/YR per square foot.

  • The property includes 3,165 square feet of retail space for lease. Of this total, 3,165 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    7015-7017 Madison Ave. was last renovated in 2025.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Southport is 35. The average household income here is $57,096 per year.

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