Indianapolis, IN Strip Malls for Lease
- Speedway, IN
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Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Indianapolis, IN
Indianapolis, IN Strip malls Lease Rates & Market Statistics
Explore 15 Strip malls for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 135,731 square feet of properties — an average of ~9,050 SF per listing.
Asking lease rates for Strip malls in Indianapolis start at $19.50 SF/Yr, average $19.50 SF/Yr, and reach $19.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $19.50 SF/Yr, the local average runs 26% above Indiana's state average of $15.52 SF/Yr.
Strip malls make up 5% of the 287 Retail properties & Spaces currently for lease in Indianapolis, with asking rates averaging $19.50 SF/Yr — 15% above the citywide Retail properties & Spaces average of $16.97 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (80 listings) and Storefront properties (60 listings) elsewhere in the Indianapolis market.