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Retail Space in Meridian Corridor
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12590 N Meridian St, Carmel, IN 46032

Available for lease retail space totals about 1,486 to 3,209 SF and is positioned with prominent Meridian Street visibility.

Space Size1,486 SF
Days on Market27

Property Features for 12590 N Meridian St

General Information

Standard status Active
Size 1,486 SF
Property subtype RETAIL

Site & Location

Traffic Count 46,404 vehicles/day
Highway Access Yes

Spaces For Lease

at 12590 N Meridian St Contact us

Meridian Park Shoppes

Size
1,486 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
±1,486, ±2,950 SF, and ± 3,209 SF Join Amber Indian Restaurant & La Hacienda Strong...
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Listing Agency: Colliers
Listed By: Stephen W. Daum · License #RB14022972
Source: Moodyscre
Added: Jul 26 Changed: Aug 14 Last Checked: Aug 21 at 7:51AM

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 Colliers

Investment Insights

Based on property information with market context.

Available for lease in a storefront retail setting along N Meridian St, with space options totaling approximately 1,486, 2,950, and 3,209 SF. The space is part of a retail grouping that includes Amber Indian Restaurant and La Hacienda, providing an established mix of neighborhood-oriented dining users.

The property benefits from strong presence on the Meridian corridor, with the recorded traffic count on Meridian Street listed at 46,404 vehicles per day. The area is supported by nearby residential growth, and the listing notes over 1,000 hospital beds north of I-465 on the Meridian corridor, positioned between IU North and St. Vincent Carmel Hospital campuses.

Additional surrounding demand drivers noted in the remarks include more than 6 million SF of office within a 3-mile radius and adjacency to Platform 24 coworking center, creating consistent daytime activity for retailers and service-oriented concepts.

Key Highlights

  • Retail space for lease totals approx. 1,486 to 3,209 SF
  • Located with prominent visibility on Meridian Street in a strong US 31 presence area
  • Traffic count on Meridian Street: 46,404 vehicles per day

Property Analytics

Current Use

Gold Mortgage Group Loan Service

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage HVAC Service Food Market

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

46,404 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 57% Dining 24% Shops & Services 13% Beauty & Spa 3%
Meijer Groceries
86,002 visits/mo 0.4 miles
Meijer Gas Station Shops & Services
19,971 visits/mo 0.4 miles
Panda Express Dining
13,116 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
10,726 visits/mo 0.3 miles
Blaze Pizza Dining
6,619 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Available for lease retail space totals about 1,486 to 3,209 SF and is positioned with prominent Meridian Street visibility.
Where is this storefront property located?
The property is located at 12590 N Meridian St Carmel, IN.
What are key features of this property?
This property features: Retail space for lease totals approx. 1,486 to 3,209 SF; Located with prominent visibility on Meridian Street in a strong US 31 presence area; Traffic count on Meridian Street: 46,404 vehicles per day
(317) 557-5892 Call to check price and availability
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