Map of Property

University Shoppes

For Lease

4155 S East St, Indianapolis, IN 46227

You can currently find 1 retail space(s) available for lease at University Shoppes. Designated use type for space listed here includes street retail. Current retail listings at this property total 2,100 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at University Shoppes.

Space Available For Lease 1

Contacts

Scot Courtney

Lee & Associates

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,976 SF
  • Units 4
  • Lot Size 0.89 Acre
  • Parking Spaces Avail. 35
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2008
  • Date Updated Oct 7, 2026
University Shoppes is strategically located at the signalized intersection of S. East Street and E. Mills Avenue in Indianapolis, offering excellent visibility and access along a high-traffic retail corridor. The property is directly across from Southern Plaza, anchored by Kroger and complemented by Ross, AMC and other national retailers, generating more than 4.4 million annual visits. Located approximately one-half mile from the University of Indianapolis, the site also provides convenient access to I-465 and the greater Indianapolis market. Strong traffic counts, dense surrounding demographics and established retail activity make this a highly visible South Indianapolis location.University Shoppes offers a 2,100 SF endcap opportunity within an established retail center at 4155 S. East Street in Indianapolis. The available suite features a prominent endcap position, vanilla box condition, strong visibility, pylon signage and convenient ingress/egress from the signalized intersection of S. East Street and E. Mills Avenue. The center is home to Bank of America, FedEx Office and AT&T and benefits from its position directly across from Southern Plaza, a major retail destination generating more than 4.4 million annual visits. With approximately 34,100 vehicles per day along S. East Street and close proximity to the University of Indianapolis and I-465, University Shoppes provides an attractive opportunity for retail, service and other commercial users seeking exposure in an established South Indianapolis trade area.
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Highlights

  • Across from Southern Plaza with Kroger Ross and AMC
  • Close Proximity to The University of Indianapolis
  • Multiple Points of Access Tremendous Traffic Counts
  • Over 4.4 Million annual visits per Placer.ai
  • Pylon Signage
  • Signalized Intersection
  • Vanilla Box Condition

Attachments

Getting around

  • 67/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood North Perry
  • Zip Code 46227
  • Market Indianapolis

Points of Interest

  • GetGo

    0.19 miles

  • Speedway

    0.22 miles

  • Mobil

    1.36 miles

  • Shell

    1.36 miles

  • BP

    1.49 miles

  • Electrify America

    3.43 miles

  • Tesla Supercharger

    3.66 miles

  • ChargePoint

    3.84 miles

  • Tesla Destination Charger

    5.84 miles

  • Visitor

    0.81 miles

  • Knight's Inn Check-In Parking

    2.24 miles

  • Truck Parking

    2.27 miles

  • Large Vehicle Parking Lot

    2.29 miles

  • ADA Parking

    2.30 miles

  • Lot C

    3.65 miles

  • LaRosa South

    3.68 miles

  • Lot 43 South

    3.72 miles

  • Lot 48

    3.77 miles

  • Lot 98

    3.78 miles

  • Qdoba

    0.14 miles

  • Tandoori Flame

    0.21 miles

  • KFC

    0.28 miles

  • Books and Brews

    0.57 miles

  • Arby's

    0.88 miles

  • Domino's

    0.93 miles

  • Wendy's

    1.05 miles

  • McDonald's

    1.10 miles

  • Church's Chicken

    1.32 miles

  • Popeyes

    1.33 miles

  • Kroger

    0.12 miles

  • ALDI

    1.26 miles

  • Aithawng Asia Grocery

    1.32 miles

  • 21 Asian Grocery

    1.44 miles

  • Big Lots

    1.49 miles

  • Walmart Neighborhood Market

    1.61 miles

  • Safeway

    2.34 miles

  • Express Neighborhood Market

    2.97 miles

  • Ram Tha Asian Grocery

    3.04 miles

  • Lemro Asian Grocery Store

    3.04 miles

4155 S East St 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.

    4155 S East St is located in North Perry, which is home to a total of 2 listing(s). Retail space at University Shoppes asks $36.00/SF/YR per square foot.

  • The property includes 2,100 square feet of retail space for lease. Of this total, 2,100 square feet are Street 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.

    For car-travelling customers, 4155 S East St has a parking ratio of 4.00 / 1,000 SF, offering 35 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in North Perry is 35. The average household income here is $72,829 per year.

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