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Restaurant Building
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For Lease
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6243 W Washington St, Indianapolis, IN 46241

Restaurant improvements support backfill or redevelopment along W Washington St., minutes from Indianapolis International Airport.

Space Size3,138 SF
Days on Market7

Property Features for 6243 W Washington St

General Information

Standard status Active
Size 3,138 SF
Property subtype RETAIL

Spaces For Lease

at 6243 W Washington St Contact us

6243 W Washington St

Floor
Bldg
Size
3,138 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Former Steak’n Shake consists of a 3,138 SF building positioned on 0.81 acres -...
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Listing Agency: CBRE | Indianapolis
Listed By: Kevin Broderick · License #RB14046136
Source: Moodyscre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 12 at 4:22AM

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

Investment Insights

Based on property information with market context.

This restaurant property includes a 3,138-square-foot building situated on 0.81 acres. The improvements were previously occupied by Steak'n Shake, providing an existing restaurant-oriented setting for a future backfill or redevelopment plan.

The site is located at 6243 W Washington St. in Indianapolis, along a corridor reporting daily traffic of 41,168 vehicles. Indianapolis International Airport is minutes away, adding proximity to a major regional transportation facility. The property is offered for rent and is classified as a conventional restaurant.

Key Highlights

  • 3,138 SF restaurant building on 0.81 acres
  • Previously occupied by Steak'n Shake
  • Located at 6243 W Washington St., Indianapolis, IN 46241

Property Analytics

Current Use

Steak 'n Shake Restaurant

Suggested Use

Top Pick Law Firm Skin Care Clinic HVAC Service Electrical Service Gym & Fitness Center (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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements support backfill or redevelopment along W Washington St., minutes from Indianapolis International Airport.
Where is this conventional restaurant located?
The property is located at 6243 W Washington St Indianapolis, IN.
What are key features of this property?
This property features: 3,138 SF restaurant building on 0.81 acres; Previously occupied by Steak'n Shake; Located at 6243 W Washington St., Indianapolis, IN 46241
(317) 269-1000 Call to check price and availability
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