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Redevelopment Retail Center
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6400 East Washington Street, Indianapolis, IN 46219

Retail space positioned within a planned shopping center redevelopment on Washington Street.

Space Size20,000 SF
Lot Size15.00 Acres
Days on Market69

Property Features for 6400 East Washington Street

General Information

Standard status Active
Size 20,000 SF
Lot size 15.00 Acres
Property subtype RETAIL

Spaces For Lease

at 6400 East Washington Street
6301 E Washington St $14 – $18/SF/Yr
Floor 1
Size 20,000 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- A major redevelopment of Irvington Plaza Shopping Center is one component of the revitalization of Indianapolis east side, which includes the new home ownership of the historic homes, the redevelopment of the former Navistar and Ford Plan located to the south and east of Irvington Plaza. - The redevelopment of Irvington Plaza Shopping Center, a rare 15-acre contiguous site, will help kick start the revitalization of the Washington Street commercial corridor. - The envision of Irvington Plaza Shopping Center is to deliver to the neighborhoods a grocery anchored with other daily and necessity retailers, ie. households and hardware, pet store, banking, medical, and opportunity for locally based retailers to open.
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Listing Agency: CBRE | Indianapolis
Listed By: Dean Almas · License #SL3357541
Source: Moodyscre
Added: Aug 6 Changed: Oct 2 Last Checked: Oct 12 at 9:02PM

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 retail property encompasses 20,000 square feet within the planned redevelopment of Irvington Plaza Shopping Center. The project is intended to create a grocery-anchored center with additional daily-needs and service-oriented retail, including household and hardware offerings, pet retail, banking, medical services, and locally based businesses.

The property is located at 6400 East Washington Street in Indianapolis, within a broader revitalization effort affecting the surrounding commercial corridor. The redevelopment site is described as a contiguous 15-acre assemblage, with nearby activity including the redevelopment of former Navistar and Ford facilities and new home ownership involving historic homes.

Key Highlights

  • 20,000‑square‑foot retail property
  • Planned redevelopment of Irvington Plaza Shopping Center
  • 15‑acre contiguous redevelopment site

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant HVAC Service Skin Care Clinic

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Shopping center - Retail space positioned within a planned shopping center redevelopment on Washington Street.
Where is this shopping center located?
The property is located at 6400 East Washington Street Indianapolis, IN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 20,000‑square‑foot retail property; Planned redevelopment of Irvington Plaza Shopping Center; 15‑acre contiguous redevelopment site
(317) 844-5313 Call to check price and availability
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