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Prime Corner Retail on College Avenue 10567 N College Ave 1,596 SF of Retail Space Available in Carmel, IN 46280
Highlights
- 1,596 SF available with flexible interior layout adaptable for a variety of retail, office, or service users
- Prominent hard corner location along North College Avenue with high traffic exposure and signage opportunities
- Parking lot fully renovated in July 2026 with a new ADA-accessible sidewalk improving accessibility to the retail space
- Large storefront windows provide excellent street visibility and natural light
- New roundabout at 106th St. and North College Ave. (2023) improves access and traffic flow with enhanced pedestrian crosswalks and landscaping
- Ideal location for a variety of retail and service businesses with convenient nearby parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,596 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $28,728 /YR $2,394 /MO | Triple Net (NNN) |
1st Floor
Retail space located on a hard corner along North College Avenue in Carmel’s Home Place area. The property offers strong street visibility and convenient access to 106th Street, with nearby residential neighborhoods, restaurants, retail, and service businesses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,596 SF | Gross Leasable Area | 10,616 SF |
| Property Type | Retail | Year Built/Renovated | 1929/2020 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.17/1,000 SF |
| Total Space Available | 1,596 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,616 SF |
| Year Built/Renovated | 1929/2020 |
| Parking Ratio | 2.17/1,000 SF |
About the Property
This retail space offers excellent visibility with a large storefront window and prominent exposure along North College Avenue. Positioned on a hard corner, the property provides strong signage opportunities and convenient access from the recently completed 106th Street and North College Avenue roundabout, which includes enhanced pedestrian crossings and landscaping improvements. The flexible interior layout can be customized to accommodate a variety of retail, office, or service users, while recent parking lot renovations and a new accessible sidewalk further enhance customer convenience and accessibility.
- Corner Lot
- Signage
Nearby Major Retailers
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Prime Corner Retail on College Avenue | 10567 N College Ave
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