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Prime Location Retail and Office
For Lease
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1011 Massachusetts Ave, Indianapolis, IN 46202

Retail and office spaces with ample parking and trail access.

Space Size1,507 SF - 4,542 SF
Property Size540,000 SF
Days on Market968

Property Features for 1011 Massachusetts Ave

General Information

Standard status Active
Size 1,507 SF - 4,542 SF
Total Parking Spaces 580
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 540,000 SF
Year Built 1918
Tenancy Multiple

Spaces For Lease

at 1011 Massachusetts Ave Contact us

Available Space 4

Type
Office
Lease Type
Modified Gross
Availability
Active
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Available Space 1

Size
2,106 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space 2

Size
1,507 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space 3

Size
4,542 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: URBANSPACE USA
Listed By: Brian Epstein · License #IN
Source: Crexi
Added: Jan 3, 2024 Changed: Aug 15 Last Checked: Aug 26 at 1:38PM

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 URBANSPACE USA

Investment Insights

Based on property information with market context.

Located at 1011 Massachusetts Ave, this property offers retail and office spaces with rental rates starting as low as $13 per square foot. It is designed to support the growth of local businesses by providing accessible real estate solutions. The property features an attached 80-car parking lot, with an additional 500-car parking lot located across the street, ensuring convenient access for customers. Situated steps from the Monon and Cultural Trails, and located on the newly developed Pogues Run walking and biking trails, the property integrates a section of the trail directly through the building. This design encourages pedestrian and cyclist traffic, enhancing visibility and accessibility for businesses located at 1011 Mass Ave.

Key Highlights

  • Affordable rental rates starting at $13/psf.
  • Attached, free 80‑car parking lot**, plus a 500‑car lot across the street.
  • Direct access to the Monon and Cultural Trails, with the Pogues Run trail running through the building.

Property Analytics

Current Use

MVMT House Gym & Fitness Center

Suggested Use

Top Pick Storage Facility Building Supply Electrical Service Auto Parts Store Dental Office Grocery & Convenience 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,506
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

$18.38 /SF/Yr
Avg Asking Price
$13–$27.5 /SF/Yr
Price Range
7,999 SF
Avg Space Size

This space is priced 2% below the average of $18.38 /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 and office spaces with ample parking and trail access.
Where is this retail space located?
The property is located at 1011 Massachusetts Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Affordable rental rates starting at $13/psf.; Attached, free 80‑car parking lot**, plus a 500‑car lot across the street.; Direct access to the Monon and Cultural Trails, with the Pogues Run trail running through the building.
More about this property
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