Retail Business for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Indianapolis, IN
  • Size: 11,344 SF
  • Year built: 1953

Description

609-611 N Delaware St - Available for lease

Market Context

This retail in Indianapolis, IN is listed for lease across 11,344 SF. The building dates to 1953. It has been on the market for 177 days. Compare it against other retail listings for lease in Indianapolis, IN — <a href="/search/lease/retail/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis retail market showed a 8.0% vacancy rate, average asking rents near $5.00/SF/yr, and rents up 4.0% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

Is the Indianapolis retail market tightening or softening?
Vacancy is around 8.0%, with asking rents rising year over year (Q1 2026).

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