Restaurant Space Near Convention
For Lease
Contact for pricing
121 West Maryland Street, Indianapolis, IN 46225
2,830 SF former restaurant space with outdoor seating area.
Space SizeContact for details
Days on Market219
Property Features for 121 West Maryland Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Neighborhood
Downtown
Listing Agency:
CBRE | Indianapolis
Listed By:
Steve Delaney
(317) 627-3878
Source:
Cbre
Added: Mar 25
Changed: Oct 27
Last Checked: Oct 28 at 5:51AM
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 CBRE | Indianapolis
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Investment Insights
Based on property information with market context.
This is a 2,830 square foot former restaurant space that includes an outdoor seating area. It is located half a block from the entrance to the Convention Center, which is undergoing expansion to over 900,000 square feet by 2025 and attracts over 1 million visitors annually. The property is also located half a block from Circle Center Mall, which is currently undergoing a $650 million redevelopment. Current tenants in the area include Social Cantina, Tom’s Watch Bar, Steak N Shake, and Dick’s Last Resort. The property is suitable for restaurant use.
Key Highlights
- Prime location: Half block from the Convention Center entrance (over 1 Million annual visitors).
- Half block from Circle Center Mall, undergoing a $650 Million redevelopment.
- 2,830 SF former restaurant space with outdoor seating.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,413
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46225, IN
6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$20.59 /SF/Yr
Avg Asking Price
$9.84–$27.5 /SF/Yr
Price Range
5,485 SF
Avg Space Size
Vacancy Rate% for Retail in Indianapolis, IN
Similar Off Market Nearby
- Centerplate — 100 S Capitol Ave, Indianapolis, IN 46225
- Sushi Den — 233 S Delaware St, Indianapolis, IN 46204
- Encore Catering — 140 W Washington St, Indianapolis, IN 46204
- Abundance Catering LLC — Indianapolis, IN 46204
- Dick's Bodacious Bar-B-Q — 50 N Pennsylvania St, Indianapolis, IN 46204
Frequently Asked Questions
What type of property is this?
Restaurant - 2,830 SF former restaurant space with outdoor seating area.
Where is this restaurant located?
The property is located at 121 West Maryland Street Indianapolis, IN.
What are key features of this property?
This property features: Prime location: Half block from the Convention Center entrance (over 1 Million annual visitors).; Half block from Circle Center Mall, undergoing a $650 Million redevelopment.; 2,830 SF former restaurant space with outdoor seating.
