Freestanding Downtown Retail
For Lease
Contact for pricing
325 N Delaware St, Indianapolis, IN 46204
Freestanding downtown building with an open whitebox layout and approximately 11’4” ceiling heights, zoned CBD-2.
Space Size3,527 SF
Days on Market179
Property Features for 325 N Delaware St
General Information
Standard status
Active
Size
3,527 SF
Property subtype
Retail, Restaurant, Office
Lease Type
NNN
Building Details
Building Size
3,527 SF
Year Built
1979
Tenancy
Single
Spaces For Lease
at 325 N Delaware St Contact us- Size
- 3,527 SF
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Assemble Real Estate
Listed By:
Lily Smith · License #RB14044176
Source:
Crexi
Added: Mar 11
Changed: Sep 2
Last Checked: Sep 1 at 6:09AM
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 Assemble Real Estate
Investment Insights
Based on property information with market context.
325 N Delaware St is a freestanding commercial building offered for lease in downtown Indianapolis. The space is delivered in whitebox condition with a negotiable tenant improvement allowance, providing an open, adaptable layout suitable for a range of buildouts. Ceiling heights are approximately 11’4”, offering additional flexibility for interior design and operations.
The property is zoned CBD-2, supporting a broad mix of potential uses including office, retail, restaurant, and bar concepts. While the building has no on-site parking, ample street parking is available, along with nearby parking garages and surface lots.
This offering is structured for tenants who want a downtown presence with a customizable interior, positioned for access to Mass Ave and the Indianapolis Cultural Trail.
The property is zoned CBD-2, supporting a broad mix of potential uses including office, retail, restaurant, and bar concepts. While the building has no on-site parking, ample street parking is available, along with nearby parking garages and surface lots.
This offering is structured for tenants who want a downtown presence with a customizable interior, positioned for access to Mass Ave and the Indianapolis Cultural Trail.
Key Highlights
- 3,527 SF freestanding building for lease in Downtown Indianapolis at 325 N Delaware St.
- Zoned CBD‑2, supporting office, retail, restaurant, and bar uses.
- Open, adaptable layout delivered in whitebox condition with negotiable tenant improvement allowance (TI).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$39.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,313
Businesses Nearby
Explore this area
Business Placement
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
$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 SF
Avg Space Size
This space is priced 1333% above the average of $18.42 /SF/Yr.
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding downtown building with an open whitebox layout and approximately 11’4” ceiling heights, zoned CBD-2.
Where is this retail space located?
The property is located at 325 N Delaware St Indianapolis, IN.
What is the lease rate?
The lease rate is $264 SF/Yr.
What are key features of this property?
This property features: 3,527 SF freestanding building for lease in Downtown Indianapolis at 325 N Delaware St.; Zoned CBD‑2, supporting office, retail, restaurant, and bar uses.; Open, adaptable layout delivered in whitebox condition with negotiable tenant improvement allowance (TI).
