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Second-Generation Restaurant Retail Space
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725 Massachusetts AV, Indianapolis, IN 46204

Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.

Space Size14,382 SF
Days on Market36

Property Features for 725 Massachusetts AV

General Information

Standard status Active
Size 14,382 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Divisible Yes
Patio Yes

Amenities

high ceilings
ample natural light
on-site parking
exterior patio

Spaces For Lease

at 725 Massachusetts AV Contact us

725 Massachusetts Ave $25/SF/Yr

Size
14,382 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
This prime commercial property in the heart of downtown Indianapolis creates an ideal...
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Listing Agency: Halakar, LLC
Listed By: Joshua D. Abrams · License #RB15000357
Source: Moodyscre
Added: Jul 27 Changed: Aug 8 Last Checked: Aug 31 at 1:23AM

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 Halakar, LLC

Investment Insights

Based on property information with market context.

This retail space in a historical building is set up for restaurant use, with modern architecture, high ceilings, and ample natural light. The second floor offers approximately 20'+/- of ceiling height. An exterior patio supports outdoor service or tenant amenity space, and on-site parking is included.

Located at 725 Massachusetts AV in downtown Indianapolis (Indianapolis, IN 46204), the property includes convenient access for visitors and customers.

The first and second floors can be demised, allowing flexibility for a single user or separate tenant occupancy. It also benefits from being identified as second generation restaurant space, offering a layout suited to food-and-beverage concepts.

Key Highlights

  • 14,382 SF retail space in a historical building
  • 20'+/- ceiling height on the second floor
  • Exterior patio included

Property Analytics

Current Use

Mesh - Indianapolis Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Clothing & Fashion Store Nursing Home Supermarket

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,313
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 SF
Avg Space Size

This space is priced 36% above the average of $18.42 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.
Where is this retail space located?
The property is located at 725 Massachusetts AV Indianapolis, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 14,382 SF retail space in a historical building; 20'+/- ceiling height on the second floor; Exterior patio included
(317) 496-0202 Call to check price and availability
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