Second-Generation Restaurant Retail
For Lease
$25 SF/Yr
725 Massachusetts Ave, Indianapolis, IN 46204
Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.
Space Size14,382 SF
Days on Market47
Property Features for 725 Massachusetts Ave
General Information
Standard status
Active
Size
14,382 SF
Class
C
Property subtype
Retail - Street Retail
Additional Details
Divisible
Yes
Patio
Yes
Amenities
high ceilings
ample natural light
on-site parking
exterior patio
Building Details
Building Size
14,382 SF
Year Built
1900
Spaces For Lease
at 725 Massachusetts Ave Contact us- Size
- 14,382 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
725 Massachusetts Ave $25/SF/Yr
Listing Agency:
Halakar
Listed By:
Joshua D. Abrams, CCIM · License #RB16001906
(317) 496-0202
Source:
Commercialcafe
Added: Jul 29
Changed: Sep 9
Last Checked: Sep 13 at 4:42AM
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
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,313
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$18.49 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
8,089 SF
Avg Space Size
This space is priced 35% above the average of $18.49 /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 Ave 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
