Castleton Commons
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market rochester (similarity: 100%) with 4 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $72.28/SF | — | peer_city_transfer |
| Utilities | — | 5.1¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1450/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 4 | — | real-time | rochester (100%) |
Description
Retail For Lease | Excellent visibility from the highway and adjacent to I-465 exit Castleton Commons is a shopping center with 165,454 square feet of retail. The property is an outlot to Castleton Square Mall, which is Indianapolis’ premier regional mall. Surrounding communities include Fishers to the northeast, Carmel to the northwest and Lawrence to the southeast.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q1 2026, the Indianapolis retail market showed a 8.0% vacancy rate, average asking rents near $5.00/SF/yr, and rents up 4.0% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Compare it against other retail listings for sale in Indianapolis, IN to benchmark pricing and space — view the full market.
Retail market FAQ
- Is the Indianapolis retail market tightening or softening?
- Vacancy is around 8.0%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market rochester (similarity: 100%) with 4 comparable listings.
Sale Price History
Market report quarterly trend fallback
- Avg Rent ($/SF/yr) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in indianapolis, IN
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Documents
Contact Broker
Diana Zagarzhevskiy
Listed by
CBRE System Import