Indianapolis Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield
Quarterly retail market indicators for Indianapolis, aggregated by PropZone from Cushman & Wakefield. As of Q1 2026, average asking rent was $5.00/SF with a 8.0% vacancy rate.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $5.00/SF | 8.0% | 6.8M SF | 0K SF | Cushman & Wakefield |
| Q4 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q2 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q1 2025 | — | 29.2% | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Indianapolis?
- As of Q1 2026, the average asking rent for retail space in Indianapolis was $5.00/SF, per Cushman & Wakefield.
- What is the retail vacancy rate in Indianapolis?
- The retail vacancy rate in Indianapolis was 8.0% as of Q1 2026 (Cushman & Wakefield).
- Where does PropZone's Indianapolis market data come from?
- This report aggregates quarterly retail market data for Indianapolis from Cushman & Wakefield.
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