Second-Generation Restaurant Retail
New
For Lease
Contact for pricing
725 Massachusetts AV, Indianapolis, IN 46204
Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.
Property Size14,382 SF
Days on Market4
Property Features for 725 Massachusetts AV
General Information
Standard status
Active
Size
14,382 SF
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Divisible
Yes
Patio
Yes
Amenities
high ceilings
ample natural light
on-site parking
exterior patio
Listing Agency:
Halakar, LLC
(317) 496-0202
Listed By:
Joshua D. Abrams · License #RB15000357
(317) 496-0202
Source:
Moodyscre
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 9:18AM
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.
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
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,956
Businesses Nearby
Explore this area
Business Placement
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
$17.98 /SF/Yr
Avg Asking Price
$11.43–$27.5 /SF/Yr
Price Range
4,109 SF
Avg Space Size
This space is priced 39% above the average of $17.98 /SF/Yr.
Vacancy Rate% for Retail in Indianapolis, IN
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
