Your email has been sent.
Freestanding Mass Ave Adj. -Retail/Office/Bar 325 N Delaware St 3,527 SF of Retail Space Available in Indianapolis, IN 46204
Highlights
- Prime downtown Indy location - Adjacent to Mass Ave
- Surrounded by office, residential, and retail
- Excellent access to I-65/I-70 and major downtown corridors
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,527 SF | 11’4” | 5 Years | $22.00 /SF/YR $1.83 /SF/MO $77,594 /YR $6,466 /MO | Triple Net (NNN) |
1st Floor
Space will be delivered white-boxed
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Finished Ceilings: 11’4”
- Terrazzo Floors
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 | 3,527 SF | Gross Leasable Area | 3,527 SF |
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Freestanding |
| Total Space Available | 3,527 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,527 SF |
| Year Built | 1979 |
About the Property
325 N Delaware St | Indianapolis, IN Downtown Indianapolis – 3,527 SF Freestanding Leasing Opportunity Located in the heart of downtown Indianapolis, 325 N Delaware St offers a rare opportunity to lease a freestanding building in a highly walkable urban location. The property features approximately 3,527 square feet with an open, adaptable layout and ceiling heights of approximately 11’4”, allowing for a variety of tenant buildouts. Zoned CBD-2, the property supports a wide range of uses including office, retail, restaurant, and bar concepts. Delivered in whitebox condition with negotiable tenant improvement allowance, the building provides a flexible canvas for tenants looking to establish a presence in downtown Indianapolis. Surrounded by a vibrant mix of office, residential, and entertainment destinations, the property offers convenient access to Mass Ave, the Indianapolis Cultural Trail, and numerous restaurants, shops, and downtown amenities. While there is no on-site parking, ample street parking and nearby garages and surface lots provide convenient options for employees, customers, and visitors. Property Highlights • 3,527 SF freestanding building available for lease • Zoned CBD-2 allowing office, retail, restaurant, and bar uses • Approx. 11’4” ceiling heights • Open, flexible layout delivered in whitebox condition with negotiable TI • Walkable to Mass Ave, the Cultural Trail, and downtown amenities • Easy access to major interstates and public transit • Ample street parking and nearby parking garages and surface lots Position your business in the center of downtown and bring your vision to life at 325 N Delaware St.
Nearby Major Retailers
Presented by
Assemble Real Estate
Freestanding Mass Ave Adj. -Retail/Office/Bar | 325 N Delaware St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.