Corner Flex Space Near
For Lease
$3,200/Mo
4003 Madison Ave, Indianapolis, IN 46227
Flexible commercial space combines retail frontage with warehouse storage and convenient on-site parking.
Space SizeContact for details
Days on Market27
Property Features for 4003 Madison Ave
General Information
Standard status
Active
Additional Details
Space Use
Retail
Listing Agency:
Kline Properties, Inc.
(317) 644-1400
Listed By:
Stephan Kline
Source:
Eveloteam
Added: Aug 3
Changed: Aug 29
Last Checked: Aug 29 at 10:53AM
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 Kline Properties, Inc.
Investment Insights
Based on property information with market context.
This 3,280-square-foot flex space combines a retail component with warehouse storage, creating a commercial layout suited to operations that require both customer-facing area and back-of-house capacity. The property is attached to Dollar Tree and includes on-site parking.
Situated at the corner of Madison Avenue and Hanna Avenue, the space is near the University of Indianapolis and other commercial areas. Its location provides direct access from the surrounding streets and places the property within an established retail and commercial setting.
Situated at the corner of Madison Avenue and Hanna Avenue, the space is near the University of Indianapolis and other commercial areas. Its location provides direct access from the surrounding streets and places the property within an established retail and commercial setting.
Key Highlights
- 3,280 SF flex space with retail and warehouse storage
- Corner location at Madison Avenue and Hanna Avenue
- Attached to Dollar Tree
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.76 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$23.17 /SF/Yr
Avg Asking Price
$12–$95.52 /SF/Yr
Price Range
14,704 SF
Avg Space Size
This space is priced 49% below the average of $23.17 /SF/Yr.
Vacancy Rate% for Industrial in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space combines retail frontage with warehouse storage and convenient on-site parking.
Where is this flex space located?
The property is located at 4003 Madison Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $3,200/Mo.
What are key features of this property?
This property features: 3,280 SF flex space with retail and warehouse storage; Corner location at Madison Avenue and Hanna Avenue; Attached to Dollar Tree
