Retail

The Benjamin

the benjamin, indianapolis, IN 46216

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$61.44/SF

Mid

$72.28/SF

High

$83.12/SF

Tier Used

peer_city_transfer

Transferred from peer market rochester (similarity: 100%) with 4 comparable listings.

Peer market: rochester (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

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%)

Data sources used

peer_city_transfer

Description

Up to 23,000 sf of retail/restaurant space available for lease

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

the benjamin, indianapolis, IN 46216

Leaflet © OpenStreetMap contributors

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 Confidence

$16.17/SF-$21.87/SF

Mid: $19.02/SF

Rate-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.