Search
Office Units with Elevator
For Lease
Contact for pricing

12-18 N Delaware St, Indianapolis, IN 46204

Office and retail space featuring an elevator and demised street retail units.

Property Size682 SF
Days on Market526

Property Features for 12-18 N Delaware St

General Information

Standard status Active
Size 682 SF
Elevators Yes
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Space Use Office

Amenities

Elevator
Listing Agency: SVN | Northern Commercial
Listed By: Jess Lawhead, CCIM · License #RB14027154
Source: Moodyscre
Added: Feb 20, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:05AM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

This office units opportunity includes elevator service and demised street retail units, providing flexible space for an end user or tenant mix. The lower level is listed at 1,128 SF.

The space is located at 12-18 N Delaware St in Indianapolis, directly across from the Indianapolis City Market redevelopment project. This adjacency may support tenant visibility and convenient access for day-to-day customers and foot traffic.

For leasing, the presence of elevator access and dedicated demised street retail units can be appealing for tenants looking to combine office use with retail-facing space within the same building footprint.

Key Highlights

  • Elevator
  • Two demised street retail units
  • 1,128 SF lower level

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Tanning Salon Nursing Home

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

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

Location Intelligence

Trade Area within ½ mile

7,240
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 19% above the average of $21.07 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office and retail space featuring an elevator and demised street retail units.
Where is this office units located?
The property is located at 12-18 N Delaware St Indianapolis, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Elevator; Two demised street retail units; 1,128 SF lower level
(317) 454-2241 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message