Available Retail Space Listings in Indianapolis, IN

Search 113 retail listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

3790 Lafayette Road

3790 Lafayette Rd, Eagledale, Indianapolis, IN
Property

Retail

14,167 SF
Availability

1 Space

14,167 SF
Year Built

1957
For Lease Contact for pricing
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CVS Sublease-Allisonville Rd.

9550 Allisonville Rd., Castleton, Indianapolis, IN
Property

Retail

12,500 SF
Availability

1 Space

1,200 SF
Year Built

1979
For Lease Contact for pricing
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Endcap with Drive Thru Potential

10863 E. Washington Street, Creekside Woods, Indianapolis, IN
Property

Retail

25,000 SF
Availability

1 Space

4,824 SF
For Lease Contact for pricing
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333 N Pennsylvania St

333 N Pennsylvania St, North Meridian, Indianapolis, IN
Property

Retail

26,400 SF
Availability

1 Space

6,000 SF
Year Built

1912
For Lease Contact for pricing
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1440 Madison Avenue

1440 Madison Avenue, Old Southside, Indianapolis, IN
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
Year Built

2009
For Lease Contact for pricing
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1240 East Stop 11 Road

1240 East Stop 11 Road, Briarstone Villas, Indianapolis, IN
Property

Retail

900 SF
Availability

1 Space

912 SF
Year Built

1985
For Lease Contact for pricing
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Centre East

10537 E. Washington Street, Creekside Woods, Indianapolis, IN
Property

Retail

200,000 SF
Availability

1 Space

1,733 SF
For Lease Contact for pricing
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Barnes & Thornburg Building

11 South Meridian Street, Wholesale District, Indianapolis, IN
Property

Office

239,000 SF
Availability

1 Space

587 SF
Year Built

1908
For Lease Contact for pricing
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2nd Generation Restaurant Space

6280 N College Avenue, Suite 700, Warfleigh, Indianapolis, IN
Property

Retail

26,471 SF
Availability

1 Space

9,772 SF
For Lease Contact for pricing
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Eagle Creek Plaza

5510 Lafayette Rd, Deer Creek, Indianapolis, IN
Property

Retail

2,400 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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6925 S Franklin Rd

6925 S Franklin Rd, Franklin Place, Indianapolis, IN
Property

Retail

10,800 SF
Availability

3 Spaces

5,400 SF
Year Built

2023
For Lease

$28.00 - $32.00/SF/YR
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Dental Office

10863 E Washington St, Creekside Woods, Indianapolis, IN
Property

Retail
Availability

1 Space

4,823 SF
For Lease Contact for pricing
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Crossing at 96th Street

1300 East 96th Street, Central Nora, Indianapolis, IN
Property

Retail

120,000 SF
Availability

1 Space

120,000 SF
Year Built

1995
For Lease Contact for pricing
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62nd & Keystone

2113 E 62nd St, Broad Ripple, Indianapolis, IN
Property

Retail

2,445 SF
Availability

1 Space

2,445 SF
Year Built

2007
For Lease

$34.00/SF/YR
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6926 E 16th St

6926 E 16th St, Windsor Village, Indianapolis, IN
Property

Retail

8,586 SF
Availability

1 Space

8,586 SF
For Lease Contact for pricing
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96th St Commerce Park - Outlots

96th St Commerce Park - Outlot, Keystone at The Crossing, Indianapolis, IN
Property

Retail
Availability

1 Space

4.03 Acre
For Lease Contact for pricing
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Regions Tower Retail

211 North Pennsylvania Street, North Meridian, Indianapolis, IN
Property

Retail

658,600 SF
Availability

4 Spaces

11,712 SF
For Lease Contact for pricing
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609-611 N Delaware St

609-611 N Delaware St, St. Joseph, Indianapolis, IN
Property

Retail

11,344 SF
Availability

1 Space

11,344 SF
Year Built

1953
For Lease

$12.00/SF/YR
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5925-6005 West 71st Street & 6951-7034 Corporate Drive

5925 West 71st Street, Quail Ridge, Indianapolis, IN
Property

Industrial

146,326 SF
Availability

2 Spaces

2,429 SF
Year Built

1992
For Lease Contact for pricing
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9700 Lakeshore Drive East - 7500 SF Space

9700 Lakeshore Drive East - 7500 SF Space, Keystone at The Crossing, Indianapolis, IN
Property

Retail

7,500 SF
Availability

1 Space

7,500 SF
For Lease Contact for pricing
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Retail Space Rents in Indianapolis, IN

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Indianapolis asks $24.45 per square foot.

Retail Space Lease Types in Indianapolis, IN

The most common type of lease agreement you’ll find here is NNN, with 59 space(s) available under this type of arrangement. The local market is also home to 7 retail space(s) offered under a Full Service lease agreement type, and 2 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Indianapolis, IN

NNN 59
Full Service 7
Modified Gross 2

Average Size of Retail Space for Lease in Indianapolis, IN

The average size for this type of rental opportunity in Indianapolis is 1,000 sqft to 2,500 sqft. Currently, the local market offers 84 listing(s) within that size range. You can also search 68 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Indianapolis, IN

Retail space in Indianapolis comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Interior Retail and you can find 21 such space(s) available.  

Interior Retail spaces listed for rent here have an average size of 7,000 square feet. Interior retail space can accommodate a wide variety of vendors and is designed specifically to enhance the experience of the clients and to encourage them to engage with the products and services that are being offered.

The local market is also home to 20 space(s) listed as Street Retail. The average size you can expect to find for this category is 3,218 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

What’s more, you can find 10 listing(s) in the Restaurant category, currently available in the average size of 4,473 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

Number of Retail Spaces for Lease in Indianapolis, IN, by Use Type

Interior Retail

21

Street Retail

20

Restaurant

10

Community Center

4

Freestanding

4

Average Retail Listing Size in Indianapolis, IN, by Use Type

Interior Retail

7,000 sq. ft.

Street Retail

3,218 sq. ft.

Restaurant

4,473 sq. ft.

Community Center

5,956 sq. ft.

Freestanding

4,475 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Indianapolis, IN

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

North Meridian is your top choice for lease opportunities, as it is currently home to the highest number of listings — 17 retail space(s). The most popular space type here is Street Retail. You can find 13 such listing(s) here.

Indianapolis’s second most popular area is Castleton, where you can find 14 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Arlington Woods is also among the best areas to search for your next commercial space. Here you can find 13 retail space(s) available for consideration by prospective tenants, of which 3 are Community Center.

Top Locations to Lease Retail Space in Indianapolis, IN

North Meridian

17

Castleton

14

Arlington Woods

13

College Park

13

East Avalon Hills

12

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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