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Property profile & analytics
FOR LEASE
Retail space

610 S Range Line Rd Carmel, IN 46032

Built 2026
Property ID
US31-0308817
Property summary
AI-generated overview

Monon Square is a transformative two-phase, $150 million mixed-use development nestled along the Monon Greenway, strategically linking Carmel City Center with Midtown. This dynamic project is poised to become a cornerstone in the continued creation of a vibrant, walkable downtown Carmel, an iconic project offering over 31,000 square feet of retail space, 367 luxury apartment homes, and 11 ultra-luxury “for-sale” condominiums. Monon Square will provide a high-end living and shopping experience. With two parking garages totaling 501 spaces, the development ensures convenience and accessibility. Ideally located, it’s within walking distance of diverse shopping, dining, and entertainment options, including the acclaimed Marriott Autograph Hotel Carmichael and the world-class Palladium concert hall. Residents and visitors will enjoy direct access to the Monon Trail, which is undergoing exciting multi-million-dollar expansions, and the renowned Christkindlmarkt, which has been voted the #1 Best Holiday Market in the USA Today, four years in a row. Carmel, named the #1 Best Small City in America and home to a thriving Arts & Design District, boasts top schools, a robust business environment, and a high quality of life. Monon Square is at the heart of this vibrant community, making it the ideal place to live, work, and play and is the perfect blend of modern luxury, convenience, and cultural richness, making it the ultimate destination in Carmel.

Property profile
Verified
Property type Retail space
Year built 2026
UPID US31-0308817
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lifecare Retirement Solutions, Inc. Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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