Listing Agency: CBRE | Indianapolis j***@cbre.com Show Phone

Listed By: Dean Almas Show Phone

Source: Moodyscre

Added: Jul 28, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:15AM

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Investment Insights

Based on property information with market context.

This retail space is located on the first floor and offers 3,126 square feet, with 2,200 square feet currently available. A parking garage with 229 spaces serves the location. Situated next to the Rathskeller, the property benefits from a shared pedestrian road. It is located within half a mile of Mass Ave and the Bottleworks District, both considered Indianapolis hot spots.

Key Highlights

• Located within half a mile of Mass Ave & Bottleworks District
• Next to the Rathskeller with shared pedestrian road
• First Floor Retail Space available

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home Adult Day Care Carpet & Flooring Store

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

518

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Indianapolis, IN

$17.98 /SF/Yr

Avg Asking Price

$11.43–$27.5 /SF/Yr

Price Range

4,109 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - First floor retail space near Mass Ave and Bottleworks District.

Where is this retail space located?

The property is located at 428 N East St Indianapolis, IN.

What are key features of this property?

This property features: Located within half a mile of Mass Ave & Bottleworks District; Next to the Rathskeller with shared pedestrian road; First Floor Retail Space available