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Neighborhood Retail Shopping Center
For Lease
$4,000/Mo

1107 N Arlington Ave, Indianapolis, IN 46219

Value-add retail shopping center with two single-story buildings and large parking field for convenient customer access.

Space SizeContact for details
Lot Size5.36 Acres
Days on Market80

Property Features for 1107 N Arlington Ave

General Information

Standard status Active
Lot size 5.36 Acres

Additional Details

Highway Access Yes

Building Details

Year Built 1974
Year Renovated 2017
Stories 1
Listing Agency: RE/MAX Advanced Realty
Listed By: Keith Turnbill · License #RB14035185
Source: Exprealty
Added: Jun 3 Changed: Aug 20 Last Checked: Aug 20 at 10:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advanced Realty

Investment Insights

Based on property information with market context.

This value-add neighborhood retail shopping center comprises approximately 56,556 square feet of retail space across two single-story buildings. The property sits on about 5.36 acres and includes an expansive 141,540-square-foot parking area designed to support customer and employee parking needs. Originally constructed in 1974 and updated in 2017, the center combines long-standing presence with more recent improvements.

The center is centrally located at 1107–1163 N Arlington Ave in Indianapolis, Indiana. The location is described as offering strong visibility and convenient access to area interstates, helping draw customers from a broad trade area. An established mix of tenants is noted as contributing to customer activity throughout the day.

For investors and operators, the asset’s configuration as a multi-tenant neighborhood shopping center with substantial parking and a blend of older and updated components supports a variety of ownership approaches. Whether seeking long-term hold or planning a repositioning strategy, this property’s retail layout and parking scale are key attributes for tenant recruitment and customer convenience within the Indianapolis market.

Key Highlights

  • 56,556 SF retail shopping center across two single‑story buildings on approx. 5.36 acres
  • Parking field totals 141,540 SF for customer and employee parking
  • Originally constructed in 1974 and updated in 2017

Property Analytics

Current Use

GLOBAL FURNITURE Furniture & Home Goods

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Value-add retail shopping center with two single-story buildings and large parking field for convenient customer access.
Where is this shopping center located?
The property is located at 1107 N Arlington Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 56,556 SF retail shopping center across two single‑story buildings on approx. 5.36 acres; Parking field totals 141,540 SF for customer and employee parking; Originally constructed in 1974 and updated in 2017
More about this property
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