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Retail Space with Street Frontage
For Lease
$4,000/Mo

7027 Pendleton Pike, Indianapolis, IN 46226

Flexible commercial space in a Pendleton Pike center with shared parking and established co-tenants.

Space Size4,400 SF
Days on Market12

Property Features for 7027 Pendleton Pike

General Information

Standard status Active
Size 4,400 SF
Net Rentable 4,400 SF

Space & Availability

Available Space 4,400 SF
Contiguous Space 4,400 SF

Additional Details

Opportunity Zone Yes

Amenities

shared parking
street frontage

Building Details

Tenancy Multi
Listing Agency: CENTURY 21 Scheetz
Listed By: Jim Lane · License #RB14042141
Source: Mcwatersrealestate
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 5:08AM

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 CENTURY 21 Scheetz

Investment Insights

Based on property information with market context.

Approximately 4,400 square feet is available for lease within an 10,800-square-foot retail property at 7027 Pendleton Pike in Indianapolis. The space offers a flexible configuration suited to retail, service, or professional office use, with prominent street exposure and shared parking.

The property is positioned alongside established co-tenants in a Pendleton Pike shopping center described as a high-traffic location with built-in pedestrian activity. It is also located within a Federal Opportunity Zone, a designation that may be relevant to qualifying investors and businesses evaluating the site.

Key Highlights

  • Approximately 4,400 SF available for lease
  • 10,800 SF retail property at 7027 Pendleton Pike
  • Prominent street frontage in a Pendleton Pike center

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Furniture & Home Goods Electrical Service

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

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.38 /SF/Yr
Avg Asking Price
$13–$27.5 /SF/Yr
Price Range
7,999 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space in a Pendleton Pike center with shared parking and established co-tenants.
Where is this retail space located?
The property is located at 7027 Pendleton Pike Indianapolis, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 4,400 SF available for lease; 10,800 SF retail property at 7027 Pendleton Pike; Prominent street frontage in a Pendleton Pike center
More about this property
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