Indianapolis, IN Shopping centers for Rent & Lease

Updated: Jun 22

Neighborhood Retail Shopping Center

1107 N Arlington Ave, Indianapolis, IN 46219

$4,000/Mo

56,556 sqft 5.36 AC lot

56,556 SF retail shopping center across two single‑story buildings on approx. 5.36 acres
Parking field totals 141,540 SF for customer and employee parking
Originally constructed in 1974 and updated in 2017
Located at 1107‑1163 N Arlington Ave, Indianapolis, IN (Marion County)
Neighborhood retail center setup with a variety of tenants for diversified income stream

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Updated: Jun 8

Highly Visible Retail Storefront

9321 Michigan Rd, Indianapolis, IN 46268

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1,790 sqft

New construction shopping center storefront in a center anchored by Zaxby’s and Gordon Food Service
Across the street from Costco
Access to a stoplight on Michigan Road with 46,020 VPD
Located just south of I‑465 (138,978 VPD)
Strong daytime office population with College Park & Park 100

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Small Retail Shop Suites

5845 Sunnyside Rd, Indianapolis, IN 46236

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3,200 sqft

Leasing suites from 1,469 to 3,709 SF at a community center anchored by Kroger and Kohl’s.

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Retail Center at Traders Point

5730 West 86th Street, Indianapolis, IN 46278

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3,314 sqft

Retail spaces available in a high-traffic shopping center.

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Redevelopment Retail Center

6400 East Washington Street, Indianapolis, IN 46219

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20,000 sqft 15.00 AC lot

Retail space positioned within a planned shopping center redevelopment on Washington Street.

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Shopping Center Redevelopment Site

6245 E Washington St, Indianapolis, IN 46219

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2,400 sqft 15.00 AC lot

Redevelopment plan calls for a grocery-anchored center with daily-needs and locally operated retail uses.

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Built-Out Retail Space

1900 E Stop 13 Rd, Indianapolis, IN 46227

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1,705 sqft

Retail space with a completed vanilla-box buildout and access through a shared signalized entrance.

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Shopping Center with Signalized Entrance

8401 Pendleton Pike, Indianapolis, IN 46236

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2,400 sqft

Shopping center with a signalized entrance and high daily traffic on Pendleton Pike, Franklin Road, and I-465.

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Shopping Center Redevelopment

6401-6411 E Washington St, Indianapolis, IN 46219

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1,400 sqft 15.00 AC lot

Planned commercial redevelopment organized around grocery and daily-needs retail uses.

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High-Visibility Retail Suite

7565 US 31 S, Indianapolis, IN 46227

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6,400 sqft 6.50 AC lot

6,400 SF retail suite available within an 85,083 SF building at Southport Plaza on US-31.

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Keystone Corridor Retail Suite

5351 N Keystone AV, Indianapolis, IN 46220

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1,260 sqft

Move-in-ready retail suite with existing buildout, offered for lease in a well-trafficked corridor location.

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Retail Space in Kroger-Anchored Center

5868 E 71st St, Indianapolis, IN 46220

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1,851 sqft

Remaining retail vacancy within a Kroger-anchored shopping center.

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Retail Space Near Castleton Mall

8310 Castleton Corner Drive, Indianapolis, IN 46250

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55,746 sqft

Retail space available in Indianapolis near Castleton Square Mall.

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Shadow-Anchored Retail Outlot Shops

6929 W 38th St, Indianapolis, IN 46214

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1,147 sqft

Retail outlot shops with frontage on West 38th Street, shadow-anchored by Target.

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Shopping Center

5510 Lafayette Rd, Indianapolis, IN 46254

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1,200 sqft

Retail center positioned along Lafayette Road between I-465 and I-65 exits.

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Shopping Center Anchored by Kroger

4200 S East St, Indianapolis, IN 46227

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1,200 sqft

Kroger-anchored shopping center off I-465 with an active tenant roster and high-traffic intersection access.

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Shopping Center Redevelopment Site

6301 East Washington Street, Indianapolis, IN 46219

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15.00 AC lot

Planned shopping center redevelopment on Indianapolis’ east side along the Washington Street commercial corridor.

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Retail Space Near Castleton Mall

8440 Castleton Corner Drive, Indianapolis, IN 46250

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17,055 sqft

Retail space available in Indianapolis near Castleton Square Mall.

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Endcap Retail Space in Walmart-Anchored Center

10537 E Washington St, Indianapolis, IN 46229

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30,000 sqft

Endcap retail space in a Walmart-anchored shopping center with build-to-suit opportunity up to 30,000 square feet.

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Anchored Retail Space Available

4641 Lafayette Road, Indianapolis, IN 46254

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109,000 sqft

Retail space with high traffic and dense population.

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Retail Center Near Hospitals

1204-1268 W 86th St, Indianapolis, IN

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4,550 sqft 2.88 AC lot

Retail space in affluent neighborhood near major hospitals.

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Neighborhood Retail Shopping Center

6935 Lake Plaza Drive, Indianapolis, IN 46220

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Retail shopping center available for lease at 6935 Lake Plaza Drive in Indianapolis, IN 46220.

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Retail Space on Shadeland Avenue

1425 Shadeland Avenue, Indianapolis, IN 46219

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1,100 sqft

Retail spaces available with high visibility and drive-thru capability.

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Retail Space in Busy Center

7255 N Keystone Ave, Indianapolis, IN

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1,600 sqft 5.01 AC lot

Retail space available in a Walmart-anchored shopping center.

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Indianapolis, IN Shopping centers Lease Rates & Market Statistics

Explore 51 Shopping centers for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 612,060 square feet of properties — an average of ~12,000 SF per listing.

Asking lease rates for Shopping centers in Indianapolis start at $4,000/Mo, average $4,000/Mo, and reach $4,000/Mo at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Shopping centers make up 26% of the 197 Retail properties & Spaces currently for lease in Indianapolis. Also worth a look for tenants weighing alternatives: Storefront properties (40 listings) and Grocery and convenience stores (9 listings) elsewhere in the Indianapolis market.