First-Floor Retail in
523 S Madison Ave, Greenwood, IN 46142
For Lease
Contact for pricing
New first-floor retail suites are available within a luxury mixed-use building with residential units above.
Space Size1,276 SF
Days on Market245
Property Features for 523 S Madison Ave
General Information
Standard status
Size
Property subtype
Spaces For Lease
at 523 S Madison Ave
Building E North
AVAILABLE, Now
Floor
1
Size
1,276 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 777-4,300 SF spaces of new first-floor retail in a luxury mixed-use development
- 329 market-rate apartments + 18 townhomes directly above the retail — creating built-in daily demand
- Designed for medical, wellness, beauty, fitness, café, and service-oriented tenants
Contact us
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Diana Zagarzhevskiy · License #IN RB20001523
(317) 518-6257
Source:
Moodyscre
Added: Mar 10
Changed: Nov 4
Last Checked: Nov 8 at 8:50AM
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 CBRE | Indianapolis
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Investment Insights
Based on property information with market context.
This offering provides 777 to 4,300 square feet of new first-floor retail space in a luxury mixed-use development. The building includes 329 market-rate apartments and 18 townhomes directly above the retail, creating a built-in daily customer base.
The tenant mix is designed to support medical, wellness, beauty, fitness, café, and service-oriented uses. Multiple suite sizes are available, which can accommodate a range of retail and service footprints within the ground-level layout.
The property is positioned as a street-level retail component of a mixed-use project, with residential units occupying the floors above.
The tenant mix is designed to support medical, wellness, beauty, fitness, café, and service-oriented uses. Multiple suite sizes are available, which can accommodate a range of retail and service footprints within the ground-level layout.
The property is positioned as a street-level retail component of a mixed-use project, with residential units occupying the floors above.
Key Highlights
- 777–4,300 SF new first‑floor retail suites in a luxury mixed‑use development
- Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail
- Retail is designed for medical, wellness, beauty, fitness, café, and service‑oriented tenants
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 41%
Apparel 29%
Shops & Services 20%
Dining 10%
Regal Greenwood & RPX
Leisure
37,695 visits/mo
0.5 miles
Goodwill
Apparel
15,579 visits/mo
0.4 miles
DSW Designer Shoe Warehouse
Apparel
9,820 visits/mo
0.5 miles
Dollar General
Shops & Services
9,775 visits/mo
0.5 miles
Buca di Beppo Italian Restaurant
Dining
8,239 visits/mo
0.4 miles
Demographics for 46142, IN
32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - New first-floor retail suites are available within a luxury mixed-use building with residential units above.
Where is this mixed-use property located?
The property is located at 523 S Madison Ave Greenwood, IN.
What are key features of this property?
This property features: 777–4,300 SF new first‑floor retail suites in a luxury mixed‑use development; Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail; Retail is designed for medical, wellness, beauty, fitness, café, and service‑oriented tenants
