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1132 E 16th St, Indianapolis, IN 46202

Retail properties & Spaces

Space Size1,536 SF
Lot Size0.25 Acres
Days on Market1899

Property Features for 1132 E 16th St

General Information

Standard status Active
Size 1,536 SF
Lot size 0.25 Acres
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 1132 E 16th St Contact us

Available Space

Size
1,536 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Radar Commercial Real Estate
Listed By: John Byrne · License #IN rb14042204
Source: Crexi
Added: Jun 10, 2021 Changed: Aug 21 Last Checked: Aug 20 at 2:24PM

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 Radar Commercial Real Estate

Investment Insights

Based on property information with market context.

Key Highlights

  • Prime location in the Monon 16 district, east of the Monon Trail and near NorthMass.
  • Redevelopment‑to‑suit opportunity for qualified operators.
  • Zoned C5, suitable for restaurant, retail, automotive, or residential redevelopment.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Auto Parts 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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.1 /SF/Yr
Avg Asking Price
$13–$27.5 /SF/Yr
Price Range
11,173 SF
Avg Space Size

This space is priced 57% above the average of $19.1 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

Where is this retail property located?
The property is located at 1132 E 16th St Indianapolis, IN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime location in the Monon 16 district, east of the Monon Trail and near NorthMass.; Redevelopment‑to‑suit opportunity for qualified operators.; Zoned C5, suitable for restaurant, retail, automotive, or residential redevelopment.
(317) 639-0515 Call to check price and availability
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