Indianapolis, IN Conventional Restaurants for Lease
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Indianapolis, IN Conventional restaurants Lease Rates & Market Statistics
Explore 13 Conventional restaurants for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 45,440 square feet of properties — an average of ~3,500 SF per listing.
Asking lease rates for Conventional restaurants in Indianapolis start at $9.84 SF/Yr, average $17.42 SF/Yr, and reach $25 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $17.42 SF/Yr, the local average runs 10% above Indiana's state average of $15.89 SF/Yr.
Conventional restaurants make up 39% of the 33 Restaurants currently for lease in Indianapolis, with asking rates averaging $17.42 SF/Yr — 15% below the citywide Restaurants average of $20.59 SF/Yr. Also worth a look for tenants weighing alternatives: Drive through restaurants (10 listings) and Other restaurants (8 listings) elsewhere in the Indianapolis market.