Carmel, IN Retail Properties & Spaces for Lease

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Updated: Aug 24

Retail Space Near Major Anchors

14708 N MERIDIAN ST, Carmel, IN 46032

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6,000 sqft

6,000‑square‑foot retail space at 14708 N Meridian St, Carmel, IN 46032
78,000 CPD visibility along US‑31
32,800 CPD exposure on 146th St.
Regional trade area includes Walmart, Target, Whole Foods, Lowe’s, BJ’s Wholesale, Best Buy, and Clay Terrace Shopping Mall
64,800 households within a 5‑mile radius

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Updated: Jul 16

Ground Floor Retail Condominium

7015 E 146th St, Carmel, IN 46033

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1,631 sqft

5,828 SF ground‑floor retail condominium space available within a four‑story apartment building
Retail is part of LEO at Carmel, a 350‑unit development with 230 single‑family attached/detached homes and 120 garden‑style apartments
2.7 acres of retail outlots with frontage along 146th Street, connecting US‑31 and I‑69
Signalized intersection at 146th Street and Community Drive provides ingress/egress to the development
Leasing office and 1,500 SF clubhouse on‑site, plus a 1,950 SF pool facility and fitness center

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Street-Front Retail and Storage

1119 S Rangeline Rd, Carmel, IN 46032

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2,000 sqft

B-3 zoned storefront with street-facing signage, direct frontage, and 66 parking spaces plus on-site self-storage.

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Retail Space Along Monon Trail

254 SW 1st Ave, SW AV, Carmel, IN 46032

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2,000 sqft

Open retail premises positioned beside Midtown Plaza with nearby public parking and trail-oriented activity.

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Office and Retail Building with Parking

1121 South Rangeline Road, Carmel, IN 46032

$25 SF/Yr

Well-maintained building with street-facing signage, on-site parking, and flexible space for office, medical, or retail users.

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Retail Space on Active Corridor

1438 W Main St, Carmel, IN 46032

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2,375 sqft

Approximately 2,375 square feet formerly occupied by a massage user, positioned near established dining and coffee operators.

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Class A Multi-Tenant Office/Retail

598 W Carmel DR, Carmel, IN 46032

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7,607 sqft 2.06 AC lot

Class A multi-tenant office and retail property on a fully improved 2.06-acre site totaling about 22,764 square feet.

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Carmel Retail Space Available

7245 East 146th Street, Carmel, IN 46033

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8,985 sqft

8,985 square feet of retail space for rent.

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Carmel Retail Space with Drive-Thru

650 E Carmel Dr, Carmel, IN 46032

$22.99 SF/Yr

Retail space with drive-thru and ATM in Carmel, Indiana.

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Shopping Center with National Tenants

2140-2208 E 116th St, Carmel, IN 46032

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3,446 sqft

Merchants’ Square shopping center offers retail space within a high-traffic Carmel trade area.

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Retail Space in West Carmel

10460 N Michigan Rd, Carmel, IN

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1,100 sqft 1.32 AC lot

Former ubreakifix endcap in Starbucks anchored strip center.

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Endcap Retail Suite

2140-2208 E 116th St, Carmel, IN 46032

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2,161 sqft

Endcap retail space positioned adjacent to a new-to-market grocer.

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Single-Tenant Retail Automotive Building

105 W Carmel Dr, Carmel, IN 46032

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10,488 sqft 3.60 AC lot

Single-tenant retail-automotive property on a 3.60-acre site with +/- 10,488 SF of space and nearby freeway access.

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Carmel Retail/Restaurant/Bank Space Available

833 W Main St, Carmel, IN

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8,640 sqft 0.64 AC lot

Prime location for bank, restaurant, or retail in Carmel.

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Small Retail Shop Space

7245 E 146th St, Carmel, IN 46033

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1,300 sqft

Small retail shop space available in a mixed-use development fronting 146th Street.

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Carmel Retail Space For Rent

12590 N Meridian St, Carmel, IN

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2,950 sqft 2.35 AC lot

Retail spaces available in Carmel with high visibility.

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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 16 Active listings in Carmel, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 5 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Retail Space on Lakeshore Drive

9700 Lakeshore Dr E, Indianapolis, IN

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7,500 sqft 2.76 AC lot

7,500 SF retail space with high traffic exposure.

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High-Visibility Retail Shopping Center

7400 Fishers Station Dr, Fishers, IN 46038

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Community shopping center with entrances on both 116th Street and Allisonville Road and parking designed for convenient access.

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Retail Space with Medical Buildout

11979 Fishers Crossing Drive, Fishers, IN 46038

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Flexible commercial space with dedicated customer parking, street signage, and existing improvements for office, medical, or retail use.

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End Cap Retail with Patio

8220 E 106th St, Indianapolis, IN 46256

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1,397 sqft

Last 1,397 SF end cap retail space with large patio and ample restaurant parking

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Similar Spaces for Sale in Carmel, IN

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

In-Line Retail and Medical Suite

12505 Old Meridian St., Carmel, IN 46032

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1,650 sqft

In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.

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Fully Leased Mixed-Use Assemblage

8 West Main Street, Carmel, IN 46032

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12,490 sqft

Three parcels sit at a district intersection near retail, restaurants, galleries, and the Monon Greenway.

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Shadow-Grocery Anchored Retail Center

2140-2208 E 116th St, Carmel, IN 46032

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233,727 sqft

Grocery-anchored retail center prominently positioned at a busy Carmel intersection with multiple recently executed leases.

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Ground Floor Retail Condominium Units

7015 E 146th St, Carmel, IN 46033

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1,800 sqft

Three ground floor retail condominium units totaling 5,828 sf are available within a mixed-use residential development.

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Ground Floor Retail Condominiums

7015 E 146th St, Carmel, IN 46033

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1,631 sqft

Three ground floor retail condominium units are available totaling 5,828 SF within a four-story apartment building.

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Carmel, IN Retail properties & Spaces Lease Rates & Market Statistics

Browse 16 Retail properties & Spaces for lease in Carmel, IN on Realmo, a commercial real estate marketplace serving the Carmel area. The current inventory totals 60,683 square feet of properties — an average of ~3,800 SF per listing.

Asking lease rates for Retail properties & Spaces in Carmel start at $22.99 SF/Yr, average $23.99 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $23.99 SF/Yr, the local average runs 5% above Indiana's state average of $22.81 SF/Yr.

Carmel accounts for 18% of the 90 retail properties & spaces currently available across Hamilton County, where nearby markets include Indianapolis and Fishers. By space type, the market includes 5 storefront properties and 4 shopping centers.

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