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

Listed By: Diana Zagarzhevskiy · License #RB17001235 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Jul 16 at 2:04AM

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Investment Insights

Based on property information with market context.

A retail property offering 23,000 square feet of space is available for rent. The property is located at 5611 Lawrence Village Parkway, Indianapolis, IN, 46216.

Key Highlights

• Retail property available for lease.
• Located in Indianapolis, Indiana.

Property Analytics

Property Profile

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Parking Lot & Garage Building Supply Plumbing Service Locksmith Auto Parts Store HVAC Service

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

388

Businesses Nearby

Explore this area Business Placement

Demographics for 46216, IN

2,343

Population

1,509

Households

1.6

Avg Household Size

47

Median Age

52%

College-Educated

93%

High-School Grad

3.1 sq mi

ZIP Area

756

Density / Sq Mi

$56,838

Median Household Income

$44,399

Median Earnings

$1,282

Median Rent

$253,800

Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.1 /SF/Yr

Avg Asking Price

$13–$27.5 /SF/Yr

Price Range

10,810 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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property available for lease in Indianapolis, Indiana.

Where is this retail property located?

The property is located at 5611 Lawrence Village Parkway Indianapolis, IN.

What are key features of this property?

This property features: Retail property available for lease.; Located in Indianapolis, Indiana.