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Mixed-Use Retail Space in Downtown
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8594 E 116th St, Fishers, IN 46038

Retail space is available in a mixed-use development with 242 residential units and structured parking.

Space Size1,340 SF
Days on Market1368

Property Features for 8594 E 116th St

General Information

Standard status Active
Size 1,340 SF
Class A
Total Parking Spaces 430
Property subtype Retail, Restaurant

Additional Details

Multifamily Units 242

Building Details

Year Built 2015
Tenancy Multiple

Spaces For Lease

at 8594 E 116th St Contact us

Space 2

Size
1,340 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: 7D Commercial Real Estate
Listed By: Ryan Pennington · License #IN 14032890
Source: Crexi
Added: Dec 7, 2022 Changed: Sep 4 Last Checked: Sep 4 at 10:43AM

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 7D Commercial Real Estate

Investment Insights

Based on property information with market context.

The Depot at Nickel Plate is a pedestrian-friendly mixed-use development featuring 242 residential units and 17,410 square feet of retail space. Construction was completed in May 2015, with first retail units becoming available in fall 2014. The property includes approximately 430 structured parking spaces.

The retail fronts 116th Street with visibility and high traffic counts in downtown Fishers within the Nickel Plate District. Parks Place Pub serves as an anchor tenant, alongside Spavia Spa and Samano’s and Salon 7, with additional restaurants noted as coming soon.

The Depot is adjacent to the Nickel Plate District Amphitheater, which hosts events throughout the year. The surrounding Nickel Plate District is described as walkable with free parking and includes nearby shopping and dining options, as well as attractions such as Topgolf and IKEA.

Key Highlights

  • Mixed‑use development with 242 residential units and 17,410 SF of retail space
  • Retail units first became available in fall 2014; construction completed in May 2015
  • Approximately 430 structured parking spaces for residents and retail customers

Property Analytics

Current Use

Megan Vondielingen Loan Service Salon Seven Hair Salon The Mortgage Exchange Loan Service Yardvarks Lawn Care ... Landscaping Spavia Fishers Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Florist

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

242
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

Demographics for 46038, IN

42,694
Population
17,738
Households
2.4
Avg Household Size
36
Median Age
60%
College-Educated
98%
High-School Grad
15.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$105,092
Median Household Income
$61,220
Median Earnings
$1,489
Median Rent
$301,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Retail space is available in a mixed-use development with 242 residential units and structured parking.
Where is this apartment building located?
The property is located at 8594 E 116th St Fishers, IN.
What are key features of this property?
This property features: Mixed‑use development with 242 residential units and 17,410 SF of retail space; Retail units first became available in fall 2014; construction completed in May 2015; Approximately 430 structured parking spaces for residents and retail customers
(502) 694-0070 Call to check price and availability
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