Grocery-Ready Retail
New
For Lease
Contact for pricing
7015 Madison Ave, Indianapolis, IN 46227
A flexible retail suite includes shelving and equipment, with the option to divide the space.
Space Size3,165 SF
Days on Market3
Property Features for 7015 Madison Ave
General Information
Standard status
Active
Size
3,165 SF
Net Rentable
3,165 SF
Property subtype
RETAIL
Zoning
C3
Lease Type
NNN
Space & Availability
Contiguous Space
3,165 SF
Divisible
Yes
Space Use
Retail
Site & Location
Neighborhood
Southport
Pylon Signage
Yes
Spaces For Lease
at 7015 Madison Ave
7015 Madison Ave
$15/SF/Yr
Floor
1
Size
3,165 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 3,165 SF Retail space for lease
- Grocery-ready space, with equipment and shelving staying
- Functional layout for a range of retail uses
- High visibility, with pylon signage available
- New roof added in 2025
- Zoned C3
- Space is divisible
Contact us
Listing Agency:
Arnold Meyer Management
(317) 388-1923
Listed By:
Phil Cohn
(317) 987-1076
Source:
Moodyscre
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 28 at 4:28PM
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 Arnold Meyer Management
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,165-square-foot retail space is configured for grocery use, with equipment and shelving included. The suite can be divided, offering flexibility in how the space is arranged. A new roof was installed in 2025, and the property is zoned C3.
Pylon signage is available at the site.
Pylon signage is available at the site.
Key Highlights
- 3,165 SF retail space
- Grocery equipment and shelving remain with the space
- Divisible suite
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$19.33 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
9,257 SF
Avg Space Size
This space is priced 22% below the average of $19.33 /SF/Yr.
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - A flexible retail suite includes shelving and equipment, with the option to divide the space.
Where is this retail space located?
The property is located at 7015 Madison Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,165 SF retail space; Grocery equipment and shelving remain with the space; Divisible suite
