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Retail Storefront With Display Windows
For Lease
Contact for pricing

240 South Meridian Street, Indianapolis, IN 46225

High ceilings, broad display windows, and a configurable interior accommodate varied retail presentations.

Space Size6,921 SF
Property Size19,988 SF
Days on Market42

Property Features for 240 South Meridian Street

General Information

Standard status Active
Size 6,921 SF
Property subtype Retail - Street Retail

Additional Details

Space Use Retail

Building Details

Building Size 19,988 SF

Spaces For Lease

at 240 South Meridian Street Contact us

Suite 100

Size
6,921 SF
Type
Retail
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Coombes Real Estate
Listed By: Robert Coombes · License #RB17000978
Source: Commercialcafe
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 8:36PM

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 Coombes Real Estate

Investment Insights

Based on property information with market context.

Located at 240 South Meridian Street in Indianapolis, this retail storefront provides a high-visibility presence within the city’s Mile Square and Wholesale District. The space features high ceilings, expansive display windows, and an interior layout that can be configured for different retail concepts.

The property is positioned near Monument Circle, the Central Business District, Gainbridge Fieldhouse, Lucas Oil Stadium, and the Indianapolis Convention Center. Its setting places the storefront within Indianapolis’s downtown business, government, cultural, and event-oriented core. Circle Centre Mall is also undergoing redevelopment into Traction Yards, a mixed-use district.

Key Highlights

  • Retail storefront at 240 South Meridian Street in Indianapolis
  • Located in the Mile Square and Wholesale District
  • High ceilings and expansive display windows

Property Analytics

Current Use

Total Alarm Systems ... Electronics & Wireless Store Juan Mendoza Dental Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon HVAC Service Nursing Home Kitchen & Bath Showroom

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

7,123
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - High ceilings, broad display windows, and a configurable interior accommodate varied retail presentations.
Where is this storefront property located?
The property is located at 240 South Meridian Street Indianapolis, IN.
What are key features of this property?
This property features: Retail storefront at 240 South Meridian Street in Indianapolis; Located in the Mile Square and Wholesale District; High ceilings and expansive display windows
More about this property
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