Indianapolis, IN Retail Space

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

140 Listings

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Price on request
Pendleton Plaza
7201 Pendleton Pike, Arlington Woods, Indianapolis, IN
Space Type
Retail
2 spaces

2,330 - 20,166 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
Sunnyside Shoppes
5845 Sunnyside Road, Winding Ridge, Indianapolis, IN
Space Type
Retail
6 spaces

1,095 - 19,166 SF
1 of 4

2 of 4

3 of 4

4 of 4
$25.00/SF/YR
140 S College Ave
140 S College Ave, Fletcher Place, Indianapolis, IN
Space Type
Retail
1 space

2,248 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
Center East
10537 E. Washington Street, Creekside Woods, Indianapolis, IN
Space Type
Retail
1 space

1,733 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 4

2 of 4

3 of 4

4 of 4
$28.00/SF/YR
6925 S Franklin Road
6925 S Franklin Road, Franklin Place, Indianapolis, IN
Space Type
Retail
3 spaces

1,800 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
1 space

1,300 SF
1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
$19.00/SF/YR
1420 Breedlove Lane
1420 Breedlove Lane, Riverside, Indianapolis, IN
Space Type
Retail
1 space

1,875 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 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 3

2 of 3

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

1,000 - 3,000 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 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
Price on request
9910-9994 East Washington Street
9910-9994 East Washington Street, Easton, Indianapolis, IN
Space Type
Retail
3 spaces

1,400 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 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 1
Price on request
German Church Shops
10935 E. Washington Street, Creekside Woods, Indianapolis, IN
Space Type
Retail
2 spaces

1,386 - 3,637 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 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 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 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 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 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 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 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 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
$15.25 - $24.00/SF/YR
The Colony
10291 & 10293 N. Meridian St., Northridge, Indianapolis, IN
Space Type
Retail
12 spaces

1,596 - 5,209 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
$20.00/SF/YR
4830 South Emerson Ave.
4830 South Emerson Ave., Beech Grove, Indianapolis, IN
Space Type
Retail
1 space

2,250 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 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
Indian Creek Commons
10545-10635 Pendleton Pike, Wynfield, Indianapolis, IN
Space Type
Retail
2 spaces

960 - 2,010 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
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 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
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 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
$22.00/SF/YR
414 West Vermont Street
414 West Vermont Street, The Canal and White River State Park, Indianapolis, IN
Space Type
Retail
1 space

6,500 SF
1 of 1
Price on request
Willow Lake East
2402 Lake Circle Drive, College Park, Indianapolis, IN
Space Type
Retail
3 spaces

1,662 - 3,991 SF
1 of 15

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15 of 15
Price on request
517 E Walnut St, Indianapolis
517 East Walnut Street, Chatham Arch and Mass Avenue, Indianapolis, IN
Space Type
Retail
3 spaces

2,900 - 3,600 SF
1 of 1
Price on request
Rockville Road Outlot
9055 Rockville Rd, Avon Creek Estates, Indianapolis, IN
Space Type
Retail
1 space

40,859 SF
1 of 1
$18.00/SF/YR
2701 N. College Ave.
2701 N College Ave, Friends and Neighbors, Indianapolis, IN
Space Type
Retail
1 space

1,700 SF

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Average Rent for Retail Space in Indianapolis, IN

The average cost to rent retail space in Indianapolis comes to $20.89 per square foot based on our latest listing data. The lowest cost you'll find stands at $9.95, while rents can cost up to $35 for premium properties.

Available Retail Inventory in Indianapolis, IN

There are currently 176 retail properties listed for lease in Indianapolis, totaling 16,508,169 square feet.

The average size of a retail property listed for lease here is 75,645 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 103 retail listings of this size. These properties cost $39 per square foot on average, based on our live listings.

Indianapolis is also home to 61 listings that are 2,500 to 5,000 square feet, asking an average rent of $28.

Retail Size Bucket No. of Listings

More than 5,000 sq. ft. 50

2,500 to 5,000 sq. ft. 61

1,000 to 2,500 sq. ft. 103

Less than 1,000 sq. ft. 7

Retail Lease Types in Indianapolis, IN

The most common retail lease type in Indianapolis is NNN, with 60 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 60
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 September 10, 2026.

Types of Retail Properties for Lease in Indianapolis, IN

The largest share of the Indianapolis retail market is held by the Street Retail category, with 15 listings. Street Retail spaces average 3,571 square feet.

There are also 11 Restaurant spaces, which have an average square footage of 2,948 square feet.

The third most common type of retail space is Interior Retail at 10 listings, spanning 4,747 square feet on average.

Indianapolis, IN Retail Spaces for Lease, by Use Type

Street Retail 15
Restaurant 11
Interior Retail 10
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 September 10, 2026.

Average Size of Indianapolis, IN Retail Space Subtypes

3,571 Sq. Ft.

Street Retail

2,948 Sq. Ft.

Restaurant

4,747 Sq. Ft.

Interior Retail

8,577 Sq. Ft.

Freestanding

Top Neighborhoods for Retail Space in Indianapolis, IN

Castleton has the highest count of retail spaces out of all Indianapolis neighborhoods, being currently home to 17 listings.

College Park has the second-highest number of retail listings at 14.

Top Indianapolis, IN Neighborhoods for Retail Leasing Opportunities

Neighborhood Listings

Castleton 17

College Park 14

Allisonville 8

Chatham Arch and Mass Avenue 8

Broad Ripple 7