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Office and Retail Building with Parking
For Lease
$25 SF/Yr

1121 South Rangeline Road, Carmel, IN 46032

Well-maintained building with street-facing signage, on-site parking, and flexible space for office, medical, or retail users.

Space Size2,000 SF
Property Size8,000 SF
Days on Market94

Property Features for 1121 South Rangeline Road

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 66
Property subtype Retail
Zoning B-3
Lease Term NNN

Additional Details

Road Access Yes

Building Details

Building Size 8,000 SF

Spaces For Lease

at 1121 South Rangeline Road Contact us

1121 South Rangeline Road $25/SF/Yr

Size
2,000 SF
Term
Negotiable
Contact us
Listed By: Jess Lawhead, SIOR, CCIM, CBI · License #IN #RB14047741
Source: Svn
Added: Jun 11 Changed: Aug 27 Last Checked: Sep 12 at 7:32AM

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 Jess Lawhead, SIOR, CCIM, CBI

Investment Insights

Based on property information with market context.

Shoshone Place is a well-maintained commercial building offering street-facing visibility and existing signage along Rangeline Road. The property includes on-site self-storage in addition to available office, medical, or retail space, supporting multiple business needs in one location.

The building features direct frontage and visibility on a highly traveled corridor. Parking is available on site, totaling 66 spaces, including 21 in front and 12 in back of the building. The property is adjacent to The Proscenium and Proscenium II developments, which are described as recent mixed-use projects in the immediate area.

With B-3 zoning, the site is positioned for tenants seeking a central Carmel location with straightforward access and convenient parking. The combination of street visibility, on-site parking, and a mix of nearby office, retail, and service businesses can support a range of daytime uses such as office work, medical services, or retail operations.

Key Highlights

  • Commercial building with direct Rangeline Road frontage and existing street‑facing signage
  • B‑3 zoning
  • 66 total parking spaces, including 21 in front and 12 in back of the building

Property Analytics

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Open Analytics

Current Use

Violin Shop of Old ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Storage Facility (Bike/Boat/Book/etc) Store Daycare Center Butcher

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
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,379
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Well-maintained building with street-facing signage, on-site parking, and flexible space for office, medical, or retail users.
Where is this retail space located?
The property is located at 1121 South Rangeline Road Carmel, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Commercial building with direct Rangeline Road frontage and existing street‑facing signage; B‑3 zoning; 66 total parking spaces, including 21 in front and 12 in back of the building
More about this property
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