Indianapolis, IN Retail Space

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

148 Listings

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 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
Sunnyside Shoppes
5845 Sunnyside Road, Winding Ridge, Indianapolis, IN
Space Type
Retail
6 spaces

1,095 - 19,166 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 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 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
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 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 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
$19.00 - $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 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 4

2 of 4

3 of 4

4 of 4
Price on request
6154 Michigan Rd
6154 Michigan Rd, Crooked Creek, Indianapolis, IN
Space Type
Retail
1 space

1,000 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 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 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 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
Price on request
Dori Plaza
8311-8323 E Washington St, Bullman Home Place, Indianapolis, IN
Space Type
Retail
3 spaces

1,966 - 3,080 SF
Price on request
Indianapolis Pavilions - Railroad Shops
7325 East 96th Street, Castleton, Indianapolis, IN
Space Type
Retail
2 spaces

2,000 SF
Price on request
714 Broad Ripple Avenue
714 Broad Ripple Avenue, Broad Ripple, Indianapolis, IN
Space Type
Retail
1 space

2,284 SF
$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
Price on request
Meridian Plaza
3787 N Meridian Street, Mapleton - Fall Creek, Indianapolis, IN
Space Type
Retail
2 spaces

1,345 - 1,500 SF
Price on request
Former Barber School
5425 South East Street, West Edgewood, Indianapolis, IN
Space Type
Retail
1 space

3,974 SF
Price on request
Felbram Plaza North
3700 South East Street, North Perry, Indianapolis, IN
Space Type
Retail
1 space

3,600 SF
Price on request
Emerson Place Shoppes
4947 South Emerson Avenue, I65 - South Emerson, Indianapolis, IN
Space Type
Retail
2 spaces

1,300 SF
$31.75/SF/YR
985 Dorman St
985 Dorman St, Cottage Home, Indianapolis, IN
Space Type
Retail
1 space

946 SF
Price on request
5675 Michigan Road
5675 Michigan Road, Crooked Creek, Indianapolis, IN
Space Type
Retail
1 space

13,000 SF
Price on request
525 Massachusetts Ave
525 Massachusetts Ave, Chatham Arch and Mass Avenue, Indianapolis, IN
Space Type
Retail
1 space

2,426 SF
Price on request
Northwest Marketplace
4620 West 38th Street, Lafayette Square, Indianapolis, IN
Space Type
Retail
1 space

19,260 SF
Price on request
Washington Market
10409 East Washington Street, Irongate, Indianapolis, IN
Space Type
Retail
2 spaces

1,400 - 4,140 SF
Price on request
38th St CVS Sublease
5110 E. 38th St., Devington, Indianapolis, IN
Space Type
Retail
1 space

12,900 SF
Price on request
Southport Centre
7301 US Highway 31, Southgate Farms, Indianapolis, IN
Space Type
Retail
5 spaces

1,600 - 9,690 SF
Price on request
River Ridge Crossing
4705 East 96th Street, Keystone at The Crossing, Indianapolis, IN
Space Type
Retail
3 spaces

1,600 - 1,609 SF
Price on request
3201 East 96th Street
3201 East 96th Street, Keystone at The Crossing, Indianapolis, IN
Space Type
Retail
1 space

15,000 SF
Price on request
McFarland Market Place
8028 S. Emerson Ave, Greenbrooke, Indianapolis, IN
Space Type
Retail
1 space

1,200 SF
Price on request
Heart of Downtown
136 N Delaware St, North Meridian, Indianapolis, IN
Space Type
Retail
1 space

2,654 SF
Price on request
Emerson Way Shopping Center
5450-5500 Emerson Way, Millersville, Indianapolis, IN
Space Type
Retail
1 space

3,000 SF
Price on request
Indianapolis Pavilions - Corner Shops
7035 East 96th Street, Castleton, Indianapolis, IN
Space Type
Retail
5 spaces

1,200 - 4,199 SF
Price on request
5025-5095 E Thompson Rd
5025-5095 E Thompson Rd, I65 - South Emerson, Indianapolis, IN
Space Type
Retail
1 space

13,500 SF
Price on request
Norgate Plaza
7225 North Keystone Avenue, Glendale Terrace, Indianapolis, IN
Space Type
Retail
5 spaces

1,147 - 2,784 SF
Price on request
Linwood Square
4445 East 10th Street, Grace Tuxedo, Indianapolis, IN
Space Type
Retail
1 space

1,234 SF

Other Popular Searches

Indianapolis Office Space for Lease

307 listings
Cincinnati Office Space for Lease

227 listings
Carmel Office Space for Lease

48 listings
Fishers Office Space for Lease

19 listings
Greenwood Office Space for Lease

12 listings
Bloomington Office Space for Lease

8 listings
Noblesville Office Space for Lease

6 listings
Plainfield Office Space for Lease

6 listings
Lawrence Office Space for Lease

5 listings

Indianapolis Commercial Real Estate

946 listings
Cincinnati Commercial Real Estate

667 listings
Muncie Commercial Real Estate

115 listings
Carmel Commercial Real Estate

80 listings
Noblesville Commercial Real Estate

62 listings
Lawrence Commercial Real Estate

32 listings
Bloomington Commercial Real Estate

21 listings
Kokomo Commercial Real Estate

20 listings

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