Retail Space with Street
For Lease
$4,000/Mo
7027 Pendleton Pike, Indianapolis, IN 46226
Commercial Lease, Indianapolis, IN
Space Size4,400 SF
Lot Size0.86 Acres
Days on Market294
Property Features for 7027 Pendleton Pike
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
ZO02
Elementary school district
MSD Lawrence Township
Middle school district
MSD Lawrence Township
High school district
MSD Lawrence Township
Directions
GPS Friendly
Subdivision
4904 - Marion - Lawrence
Standard status
Active
APN
490713112030000401
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Part of Shadeland Park Annex L134-L137 & Vacated Alley W & Adj
Legal Description
Part of Shadeland Park Annex L134-L137 & Vacated Alley W & Adj
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Listing Agency:
CENTURY 21 Scheetz · Century 21 Real Estate
(317) 705-2500
Listed By:
Jim Lane · License #RB14042141
(317) 844-5111
Added: Nov 21, 2025
Changed: Sep 3
Last Checked: Sep 11 at 12:06PM
MLS# 22023986
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Approximately 4,400 square feet of retail space is available at 7027 Pendleton Pike in Indianapolis. The property offers a flexible commercial layout for retail, service, or professional office use, with central air conditioning and natural gas forced-air heating. Cable is available, and zoning is identified as ZO02.
The space is positioned within a Pendleton Pike center alongside established co-tenants and includes prominent street frontage. Shared parking serves the center, while the property’s location in a Federal Opportunity Zone may be relevant to qualifying users or investors.
The space is positioned within a Pendleton Pike center alongside established co-tenants and includes prominent street frontage. Shared parking serves the center, while the property’s location in a Federal Opportunity Zone may be relevant to qualifying users or investors.
Key Highlights
- Approximately 4,400 sq ft of available retail space
- Flexible layout for retail, service, or professional office use
- Prominent street frontage along Pendleton Pike
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.64 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
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Market
Lease Benchmarks for Indianapolis, IN
$18.49 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
8,089 SF
Avg Space Size
This space is priced 41% below the average of $18.49 /SF/Yr.
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space is suited to retail, service, or professional office operations with shared parking available.
Where is this retail space located?
The property is located at 7027 Pendleton Pike Indianapolis, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 4,400 sq ft of available retail space; Flexible layout for retail, service, or professional office use; Prominent street frontage along Pendleton Pike
