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Retail Space with New Roof
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3429 S East Street, Indianapolis, IN 46227

Retail space in an established corridor near restaurants, neighborhood services, and the University of Indianapolis.

Space Size1,200 SF
Days on Market5

Property Features for 3429 S East Street

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Property subtype Retail

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Retail

Additional Details

Highway Access Yes

Spaces For Lease

at 3429 S East Street Contact us

#1

Size
1,200 SF
Availability
Active
Contact us
Listing Agency: General Property & Services
Listed By: Dugan Thompson · License #RB20000923
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 13 at 6:50AM

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 General Property & Services

Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space occupies a commercial corridor on S. East Street in Indianapolis. The property is positioned for a QSR or fast-casual concept and benefits from a new roof installed in summer 2026.

The surrounding area includes restaurants, retail businesses, and neighborhood services. Access is available to I-465, I-65, and US 31, while the University of Indianapolis is nearby and has more than 5,000 students. The property is located at 3429 S. East Street, Indianapolis, IN 46227.

Key Highlights

  • 1,200‑square‑foot retail space
  • New roof installed in summer 2026
  • Established retail corridor on S. East Street

Property Analytics

Current Use

Penn Station East ... Restaurant Western Union Bank New China Restaurant CheckSmart Bank Obadiah's South LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply Pharmacy Skin Care Clinic Law Firm

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.49 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
8,089 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in an established corridor near restaurants, neighborhood services, and the University of Indianapolis.
Where is this retail space located?
The property is located at 3429 S East Street Indianapolis, IN.
What are key features of this property?
This property features: 1,200‑square‑foot retail space; New roof installed in summer 2026; Established retail corridor on S. East Street
More about this property
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