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Retail Space in High-Traffic Area
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2140-2476 East 116th St, Carmel, IN 46032

Retail space in a high-traffic area with diverse tenants.

Space Size1,728 SF - 3,446 SF
Property Size16,977 SF
Days on Market959

Property Features for 2140-2476 East 116th St

General Information

Standard status Active
Size 1,728 SF - 3,446 SF
Property subtype Retail

Building Details

Building Size 16,977 SF
Tenancy Multiple

Spaces For Lease

at 2140-2476 East 116th St Contact us

Suite 271_190

Size
1,728 SF
Type
Retail
Availability
Active
Contact us

Suite 2176

Size
3,446 SF
Type
Retail
Availability
Active
Contact us

Suite 2446

Size
2,277 SF
Type
Retail
Availability
Active
Contact us

Suite 2466

Size
1,860 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Big V Property Group
Listed By: Caroline Horne · License #GA
Source: Crexi
Added: Jan 20, 2024 Changed: Aug 27 Last Checked: Sep 2 at 11:14PM

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 located in a high-volume traffic district, enhancing its visibility and accessibility. The center features a diverse tenant mix, including Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, and Dollar Tree, providing a varied shopping experience. The property will also benefit from being shadow-anchored by the first Indiana location for Illinois-based Harvest Market.

Key Highlights

  • High‑volume traffic location ensures excellent visibility and accessibility.
  • Diverse tenant mix featuring reputable national brands (Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, Dollar Tree).
  • Shadow‑anchored by the first Indiana location of Harvest Market.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Electrical Service Parking Lot & Garage Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,554
Businesses Nearby
448k
Monthly Visits Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Retail space in a high-traffic area with diverse tenants.
Where is this shopping center located?
The property is located at 2140-2476 East 116th St Carmel, IN.
What are key features of this property?
This property features: High‑volume traffic location ensures excellent visibility and accessibility.; Diverse tenant mix featuring reputable national brands (Planet Fitness, Flix Brewhouse, Cost Plus World Market, Petco, Dollar Tree).; Shadow‑anchored by the first Indiana location of Harvest Market.
(704) 651-0757 Call to check price and availability
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