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Freestanding Retail Building

730 South State Avenue, Indianapolis, IN 46203

For Lease
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A compact urban property with convenient connections to downtown, interstate routes and nearby residential areas.

Space Size2,152 SF
Lot Size0.34 Acres
Days on Market26

Property Features for 730 South State Avenue

General Information

Standard status Active
Size 2,152 SF
Net Rentable 2,152 SF
Lot size 0.34 Acres
Property subtype Retail

Space & Availability

Available Space 2,152 SF
Contiguous Space 2,152 SF

Site & Location

Neighborhood Fountain Square
Highway Access Yes

Building Details

Building Size 2,152 SF

Spaces For Lease

at 730 South State Avenue
Space 1 Active
Size 2,152 SF
Contact us
Listing Agency: Veritas Realty
Listed By: Seth Biggerstaff · License #IN RB14049856
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 2:31PM

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 Veritas Realty

Rey
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Investment Insights

Based on property information with market context.

This freestanding retail property contains 2,152 square feet on approximately 0.34 acres. It sits on Indianapolis’ near southeast side, roughly one mile from Downtown Indianapolis and just east of Fountain Square. The property is available for lease.

Access connects the site with Downtown, I-65, I-70 and established residential neighborhoods. Fountain Square’s restaurant and entertainment offerings include HI-FI, Upland Brewing, Kuma’s Corner and the Fountain Square Theatre Building. Residential and commercial reinvestment is occurring across Fountain Square, the near southeast side and the East Washington Street corridor.

Key Highlights

  • 2,152‑square‑foot freestanding retail building
  • Approximately 0.34‑acre site
  • Approximately one mile from Downtown Indianapolis, east of Fountain Square

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Quick bite Take-out & Catering Gas station Grocery & Convenience Store N&Y food market ... Grocery & Convenience Store N&Y Food Market Grocery & Convenience Store ATM Atm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Butcher Carpet & Flooring Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$18.83 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
10,071 SF
Avg Space Size

Properties on Market for Retail space in Indianapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - A compact urban property with convenient connections to downtown, interstate routes and nearby residential areas.
Where is this retail space located?
The property is located at 730 South State Avenue Indianapolis, IN.
What are key features of this property?
This property features: 2,152‑square‑foot freestanding retail building; Approximately 0.34‑acre site; Approximately one mile from Downtown Indianapolis, east of Fountain Square
(317) 789-8171 Call to check price and availability
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