Shopping Center with National
For Lease
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2140-2208 E 116th St, Carmel, IN 46032
Merchants’ Square shopping center offers retail space within a high-traffic Carmel trade area.
Space Size3,446 SF
Days on Market542
Property Features for 2140-2208 E 116th St
General Information
Standard status
Active
Size
3,446 SF
Property subtype
RETAIL
Spaces For Lease
at 2140-2208 E 116th St Contact us- Floor
- 1
- Size
- 3,446 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
2140 - 2208 E 116th St
- Positioned in a high-volume traffic district, Merchants’ Square is poised to...
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Listing Agency:
Big V Property Group
(877) 244-8532
Listed By:
Caroline Horne
(704) 651-0757
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Sep 13
Last Checked: Sep 24 at 3:54PM
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 Big V Property Group
Investment Insights
Based on property information with market context.
Merchants’ Square is a shopping center offering retail space in a high-volume traffic district, designed for strong visibility and easy consumer access. The center features a diverse tenant mix that includes Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, and Dollar Tree.
The property is shadow-anchored by the first Indiana location for Illinois-based Harvest Market, adding additional draw for area shoppers. The center’s total size is 3,446 square feet and is located at 2140-2208 E 116th St, Carmel, IN 46032.
This setup supports a tenant mix that ranges from fitness and entertainment to pet care, discount retail, and household shopping.
The property is shadow-anchored by the first Indiana location for Illinois-based Harvest Market, adding additional draw for area shoppers. The center’s total size is 3,446 square feet and is located at 2140-2208 E 116th St, Carmel, IN 46032.
This setup supports a tenant mix that ranges from fitness and entertainment to pet care, discount retail, and household shopping.
Key Highlights
- Merchants’ Square shopping center in a high‑volume traffic district
- Tenant mix includes Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, and Dollar Tree
- Shadow‑anchored by the first Indiana location for Illinois‑based Harvest Market
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,554
Businesses Nearby
448k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 30%
Groceries 18%
Home Improvements & Furnishings 9%
Kroger
Groceries
58,141 visits/mo
0.5 miles
World Market
Home Improvements & Furnishings
39,340 visits/mo
0.2 miles
McDonald's
Dining
35,528 visits/mo
0.4 miles
Speedway
Shops & Services
22,166 visits/mo
0.4 miles
Goodwill
Apparel
19,118 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
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Merchants Pointe — 2271 Pointe Pkwy, Carmel, IN 46032
- BMV Connect Center — 271 Merchants Square Dr #2992, Carmel, IN 46032
- Merchants' Square — 2140 E 116th St, Carmel, IN 46032
- One East Carmel Drive — 1 E Carmel Dr, Carmel, IN 46032
- Carmel Walk Shopping Center — 1319 S Rangeline Rd, Carmel, IN 46032
Frequently Asked Questions
What type of property is this?
Shopping center - Merchants’ Square shopping center offers retail space within a high-traffic Carmel trade area.
Where is this shopping center located?
The property is located at 2140-2208 E 116th St Carmel, IN.
What are key features of this property?
This property features: Merchants’ Square shopping center in a high‑volume traffic district; Tenant mix includes Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, and Dollar Tree; Shadow‑anchored by the first Indiana location for Illinois‑based Harvest Market
