Indianapolis, IN Retail Properties & Spaces for Lease
Indianapolis, IN Retail properties & Spaces Lease Rates & Market Statistics
Explore 183 Retail properties & Spaces for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 1,754,323 square feet of properties — an average of ~9,600 SF per listing.
Asking lease rates for Retail properties & Spaces in Indianapolis start at $2.22 SF/Yr, average $19.20 SF/Yr, and reach $36 SF/Yr at the top of the market. That's a 16x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $19.20 SF/Yr, the local average runs 15% below Indiana's state average of $22.71 SF/Yr.
By space type, the market includes 50 shopping centers, 31 storefront properties and 9 grocery and convenience stores — storefront properties typically offer the lowest entry point, while grocery and convenience stores command the highest rates.
