Carmel Retail Space with
For Lease
$22.99 SF/Yr
650 E Carmel Dr, Carmel, IN 46032
Retail space with drive-thru and ATM in Carmel, Indiana.
Space Size1,602 SF
Property Size48,000 SF
Days on Market292
Property Features for 650 E Carmel Dr
General Information
Standard status
Active
Size
1,602 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
48,000 SF
Spaces For Lease
at 650 E Carmel Dr Contact us- Size
- 1,602 SF
- Type
- Office Building
- Term
- Negotiable
Suite 280 $22.99/SF/Yr
Listing Agency:
ALO Property Group
Listed By:
Ashley Bussell · License #RB14045657
(317) 340-8630
Source:
Alopg
Added: Nov 24, 2025
Changed: Sep 12
Last Checked: Sep 12 at 6:40AM
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 ALO Property Group
Investment Insights
Based on property information with market context.
This retail property, suitable for banks and individual retail businesses, offers 755 square feet of space. It features a bank branch complete with a drive-thru and an ATM. The property is under new ownership and has undergone several capital improvements in the last three years, including upgrades to the HVAC system, lighting, and elevators. Located in the heart of Carmel, Indiana, the property benefits from numerous area amenities.
Key Highlights
- Located in the heart of Carmel with many area amenities
- New capital improvements - HVAC, lighting, elevators in the last 3 years
- Bank branch with drive‑thru & ATM
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
279k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 24%
Home Improvements & Furnishings 14%
Apparel 8%
World Market
Home Improvements & Furnishings
39,340 visits/mo
0.2 miles
McDonald's
Dining
35,528 visits/mo
0.1 miles
Goodwill
Apparel
19,118 visits/mo
0.1 miles
Taco Bell
Dining
18,085 visits/mo
0.1 miles
Starbucks
Dining
14,525 visits/mo
0.4 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Retail space with drive-thru and ATM in Carmel, Indiana.
Where is this bank located?
The property is located at 650 E Carmel Dr Carmel, IN.
What is the lease rate?
The lease rate is $22.99 SF/Yr.
What are key features of this property?
This property features: Located in the heart of Carmel with many area amenities; New capital improvements - **HVAC, lighting, elevators in the last 3 years**; Bank branch with drive‑thru & ATM
