Indianapolis, IN Retail Space

Search retail property for lease and view the Market Overview section below for local stats and insights.

149 Listings

1 of 1
Price on request
Eagle Creek Plaza
5510 Lafayette Rd, Deer Creek, Indianapolis, IN
Space Type
Retail
1 space

1,200 SF
1 of 1
$25.00/SF/YR
725 Massachusetts Ave
725 Massachusetts Ave, Chatham Arch and Mass Avenue, Indianapolis, IN
Space Type
Retail
3 spaces

3,005 - 4,400 SF
1 of 1
Price on request
980 N. Shadeland Avenue
980 N. Shadeland Avenue, Irvington, Indianapolis, IN
Space Type
Retail
1 space

123 SF
1 of 1
Price on request
1024 E Market St
1024 E Market St, Holy Cross, Indianapolis, IN
Space Type
Retail
1 space

2,100 SF
1 of 1
Price on request
Bent Tree Plaza
8327-8347 N. Michigan Road, Westchester Estates, Indianapolis, IN
Space Type
Retail
2 spaces

1,400 - 4,000 SF
1 of 1
Price on request
The Argyle
615 North East Street, Chatham Arch and Mass Avenue, Indianapolis, IN
Space Type
Retail
2 spaces

1,305 - 1,858 SF
1 of 2

2 of 2
$14.50/SF/YR
4508-4510 N Keystone Ave
4508-4510 N Keystone Ave, Fairgrounds, Indianapolis, IN
Space Type
Retail
1 space

4,730 SF
1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
$14.00/SF/YR
7440 Michigan Rd.
7440 Michigan Rd, Crooked Creek Heights, Indianapolis, IN
Space Type
Retail
2 spaces

3,000 - 8,750 SF
1 of 2

2 of 2
Price on request
7425 Westfield Boulevard
7425 Westfield Boulevard, Windcombe, Indianapolis, IN
Space Type
Retail
1 space

10,540 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
$333.33/MO
3131 Shelby St
3131 Shelby St, University Heights, Indianapolis, IN
Space Type
Retail
1 space

3,732 SF
1 of 1
Price on request
Pyramid North Shoppes
3905 West 96th Street, College Park, Indianapolis, IN
Space Type
Retail
1 space

4,834 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
Price on request
CityWay
229 S Delaware St., Fletcher Place, Indianapolis, IN
Space Type
Retail
1 space

3,041 SF
1 of 1
Price on request
Retail (Mixed-Use Building) Available For Lease
1202 South Meridian Street, Old Southside, Indianapolis, IN
Space Type
Retail
1 space

2,520 SF
1 of 2

2 of 2
$16.00/SF/YR
Moller Road Shoppes
5501 W 86th St, Park 100, Indianapolis, IN
Space Type
Retail
5 spaces

1,355 - 2,864 SF
1 of 4

2 of 4

3 of 4

4 of 4
Price on request
3041 - 3043 English Ave.
3041 - 3043 English Ave, Forest Park, Indianapolis, IN
Space Type
Retail
1 space

1,680 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
$979.17/MO
4250 W. 38th St.
4250 W. 38th St., Lafayette Square, Indianapolis, IN
Space Type
Retail
1 space

9,600 SF
1 of 2

2 of 2
$22.00/SF/YR
922 East Washington Street
922 East Washington Street, Holy Cross, Indianapolis, IN
Space Type
Retail
1 space

1,340 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
Price on request
747 N College Ave
747 N College Ave, Chatham Arch and Mass Avenue, Indianapolis, IN
Space Type
Retail
1 space

1,169 SF
1 of 3

2 of 3

3 of 3
$19.50/SF/YR
9510 Ross Lane
9510 Ross Lane, College Park, Indianapolis, IN
Space Type
Retail
4 spaces

1,000 - 3,000 SF
1 of 1
Price on request
Emrich Plaza Shops
324 W Morris St, Old Southside, Indianapolis, IN
Space Type
Retail
2 spaces

2,673 - 7,700 SF
1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
$15.00/SF/YR
Southport Village Center
7015-7017 Madison Ave., Southport, Indianapolis, IN
Space Type
Retail
1 space

3,165 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
Price on request
Marko on the Canal
6280 N College Avenue, Warfleigh, Indianapolis, IN
Space Type
Retail
1 space

1,485 SF
1 of 4

2 of 4

3 of 4

4 of 4
Price on request
1209 East 46th Street
1209 East 46th Street, Fairgrounds, Indianapolis, IN
Space Type
Retail
1 space

3,072 SF
1 of 4

2 of 4

3 of 4

4 of 4
$12.50/SF/YR
3301-3315 Madison Ave. & 665-658 Murry St.
3301 Madison Ave., North Perry, Indianapolis, IN
Space Type
Retail
1 space

2,500 SF
1 of 1
Price on request
Eagle Creek Center
3802 North High School Road, Gateway West, Indianapolis, IN
Space Type
Retail
1 space

1,366 SF
1 of 1
Price on request
Former CVS-Thompson Rd.
505 E. Thompson Rd., West Edgewood, Indianapolis, IN
Space Type
Retail
1 space

10,125 SF
1 of 3

2 of 3

3 of 3
$21.00/SF/YR
4209 E 62nd St
4209 E 62nd St, Glendale, Indianapolis, IN
Space Type
Retail
1 space

1,631.7 SF
1 of 1
Price on request
German Church Shops
10935 E. Washington Street, Creekside Woods, Indianapolis, IN
Space Type
Retail
1 space

1,386 SF
1 of 2

2 of 2
Price on request
Crossing at 96th Street
1300 East 96th Street, Central Nora, Indianapolis, IN
Space Type
Retail
1 space

120,000 SF
1 of 4

2 of 4

3 of 4

4 of 4
$21.50 - $23.50/SF/YR
10330 North Meridian Street
10330 North Meridian Street, The Reserve at Springmill, Indianapolis, IN
Space Type
Retail
2 spaces

3,429 - 29,325 SF
1 of 3

2 of 3

3 of 3
Price on request
240 South Meridian Street
240 South Meridian Street, Wholesale District, Indianapolis, IN
Space Type
Retail
1 space

6,921 SF
1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
$20.00/SF/YR
Oaklandon Center
6320 Oaklandon Rd., Oaklandon, Indianapolis, IN
Space Type
Retail
2 spaces

1,300 - 1,450 SF
1 of 1
Price on request
Center East
10537 E. Washington Street, Creekside Woods, Indianapolis, IN
Space Type
Retail
1 space

1,733 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
$20.00/SF/YR
Indian Creek Commons
10545-10635 Pendleton Pike, Wynfield, Indianapolis, IN
Space Type
Retail
2 spaces

960 - 2,010 SF
1 of 4

2 of 4

3 of 4

4 of 4
Price on request
12110 PENDLETON PIKE SR 67
12110 PENDLETON PIKE SR 67, Oaklandon, Lawrence, IN
Space Type
Retail
1 space

1,768 SF
1 of 4

2 of 4

3 of 4

4 of 4
Price on request
Medical/Commercial Pre-Leasing
5901 E. Thompson Rd., I65 - South Emerson, Indianapolis, IN
Space Type
Retail
1 space

17,000 SF
1 of 1
Price on request
Willow Lake East
2402 Lake Circle Drive, College Park, Indianapolis, IN
Space Type
Retail
2 spaces

3,244 - 3,991 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
Price on request
5641 E. 86th Street
5641 E. 86th Street, Castleton, Indianapolis, IN
Space Type
Retail
1 space

3,200 SF
1 of 7

2 of 7

3 of 7

4 of 7

5 of 7

6 of 7

7 of 7
$14.00/SF/YR
Schmoll Commercial Park
5117-5125 E 65th St, Allisonville, Indianapolis, IN
Space Type
Retail
1 space

8,000 SF
1 of 2

2 of 2
$24.00/SF/YR
Chapel Hill Shoppes
7301 W 10th St, Chapel Hill, Indianapolis, IN
Space Type
Retail
1 space

1,300 SF

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Average Rent for Retail Space in Indianapolis, IN

The average cost to rent retail space in Indianapolis comes to $21.61 per square foot based on our latest listing data. The lowest cost you'll find stands at $9.6, while rents can cost up to $36 for premium properties.

Available Retail Inventory in Indianapolis, IN

There are currently 195 retail properties listed for lease in Indianapolis, totaling 16,744,059 square feet.

The average size of a retail property listed for lease here is 64,126 square feet. Listed properties range from 123 to 15,241,487 square feet.

The largest number of retail spaces in Indianapolis are sized 1,000 to 2,500 square feet, with 123 retail listings of this size. These properties cost $35 per square foot on average, based on our live listings.

Indianapolis is also home to 71 listings that are 2,500 to 5,000 square feet, asking an average rent of $25.

Retail Size Bucket No. of Listings

More than 5,000 sq. ft. 63

2,500 to 5,000 sq. ft. 71

1,000 to 2,500 sq. ft. 123

Less than 1,000 sq. ft. 6

Retail Lease Types in Indianapolis, IN

The most common retail lease type in Indianapolis is NNN, with 61 spaces available for rent under such an agreement.

You can also find 5 Full Service lease options and 3 Modified Gross listings.

Indianapolis, IN Retail Listings, by Lease Type

NNN 61
Full Service 5
Modified Gross 3

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on November 4, 2026.

Types of Retail Properties for Lease in Indianapolis, IN

The largest share of the Indianapolis retail market is held by the Restaurant category, with 14 listings. Restaurant spaces average 3,267 square feet.

There are also 11 Street Retail spaces, which have an average square footage of 3,881 square feet.

The third most common type of retail space is Interior Retail at 9 listings, spanning 3,805 square feet on average.

Indianapolis, IN Retail Spaces for Lease, by Use Type

Restaurant 14
Street Retail 11
Interior Retail 9
Strip Retail 6
Freestanding 4

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on November 4, 2026.

Average Size of Indianapolis, IN Retail Space Subtypes

3,267 Sq. Ft.

Restaurant

3,881 Sq. Ft.

Street Retail

3,805 Sq. Ft.

Interior Retail

1,857 Sq. Ft.

Strip Retail

8,577 Sq. Ft.

Freestanding

Top Neighborhoods for Retail Space in Indianapolis, IN

College Park has the highest count of retail spaces out of all Indianapolis neighborhoods, being currently home to 16 listings. The most popular retail space type here is Restaurant with 2 listings.

Castleton has the second-highest number of retail listings at 15.

Crooked Creek is next with 9 retail listings.

Top Indianapolis, IN Neighborhoods for Retail Leasing Opportunities

Neighborhood Listings

College Park 16

Castleton 15

Crooked Creek 9

Broad Ripple 9

Allisonville 9