Search
Class A Multi-Tenant Office/Retail
For Lease
Contact for pricing

598 W Carmel DR, Carmel, IN 46032

Class A multi-tenant office and retail property on a fully improved 2.06-acre site totaling about 22,764 square feet.

Space Size7,607 SF
Lot Size2.06 Acres
Days on Market117

Property Features for 598 W Carmel DR

General Information

Standard status Active
Size 7,607 SF
Class A
Lot size 2.06 Acres
Property subtype RETAIL
Lease Type Modified Gross

Building Details

Tenancy Multi

Spaces For Lease

at 598 W Carmel DR Contact us

598 W Carmel DR $21/SF/Yr

Floor
1
Size
7,607 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, On Available Date
Sublease
No
- 598 W Carmel Drive is a multi-tenant classA office/retail property totaling +/-22,764...
show more
Contact us
Listing Agency: Corporate Commercial Group
Listed By: Keith Dedrick · License #RB14029789
Source: Moodyscre
Added: May 19 Changed: Aug 27 Last Checked: Sep 12 at 8:08AM

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 Corporate Commercial Group

Investment Insights

Based on property information with market context.

598 W Carmel Drive is a multi-tenant Class A office/retail property totaling approximately 22,764 square feet. The property is situated on a fully improved 2.06-acre site, offering a mix of office and retail space within one managed asset.

It is conveniently located in the heart of Carmel, close to the Carmel City Center and the Carmel Arts District. This positioning supports day-to-day accessibility for business uses seeking proximity to established local destinations.

Units within the building are designed to serve office and retail needs as part of a shared, multi-tenant configuration.

Key Highlights

  • Multi‑tenant class A office/retail property totaling about 22,764 SF
  • Situated on a fully improved 2.06‑acre site
  • Convenient Carmel location near the Carmel City Center and Carmel Arts District

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Norris Portable Toilets Building Supply McCool's Flooring Carpet & Flooring Store Griffon Decorative Fabric (Bike/Boat/Book/etc) Store Legacy CNA Training Vocational School Pinnacle Firearms Gun Shop

Suggested Use

Top Pick Garden Center Storage Facility Grocery & Convenience Store Auto Parts Store Electrical Service (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,661
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Class A multi-tenant office and retail property on a fully improved 2.06-acre site totaling about 22,764 square feet.
Where is this office building located?
The property is located at 598 W Carmel DR Carmel, IN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant class A office/retail property totaling about 22,764 SF; Situated on a fully improved 2.06‑acre site; Convenient Carmel location near the Carmel City Center and Carmel Arts District
(317) 502-3622 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message