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Highlights

  • Flexible spaces for retail, restaurants, wellness, medical, professional services, education, and entertainment with competitive introductory rents.
  • Join Saraga International Grocery, La Flaca live-music venue, DaVita Westview Dialysis, and many other established traffic generators.
  • Capitalize on unique day-to-night customer activity from the center's grocery, medical, community, dining, and entertainment tenants.
  • Convenient access to I-65, Lafayette Road, West 38th Street, and attractions such as downtown Indianapolis and the Indianapolis Motor Speedway.
  • Benefit from ample parking, strong storefront signage, and refreshed exterior, roadway, and parking areas backed by recent ownership investment.
  • Opportunity to join Indianapolis’ growing International Marketplace district and be part of a neighborhood redevelopment story already underway.

Space Availability (7)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 3623
  • 5,400 SF
  • 3 Years
  • $12.00 /SF/YR $1.00 /SF/MO $64,800 /YR $5,400 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3623
Space Use
Retail
Build-Out
-
Availability
Now

Approximately 5,400 square feet of second-generation restaurant space is available immediately in a highly visible commercial corridor. The space includes existing restaurant infrastructure, including a commercial hood system, offering a cost-saving advantage for food and beverage operators seeking a faster path to opening. Ideal for regional and national restaurant chains, fast-casual concepts, full-service restaurants, cafés, bakeries, dessert concepts, ghost kitchens, catering businesses, and specialty food operators, the flexible layout supports dining, food preparation, and customer service functions in a well-established commercial area with convenient access and strong surrounding demographics.

  • Lease rate does not include utilities, property expenses or building services
  • 5,400 SF Restaurant Space
  • Existing Hood System
  • 1st Floor, Ste 3639
  • 3,200 SF
  • 3 Years
  • $12.00 /SF/YR $1.00 /SF/MO $38,400 /YR $3,200 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3639
Space Use
Retail
Build-Out
-
Availability
Now

Approximately 3,200 square feet of beautifully maintained commercial space is available for immediate occupancy. This move-in-ready suite features an attractive open layout that offers exceptional flexibility for a wide range of uses, including educational services, training facilities, professional offices, wellness concepts, creative studios, consulting firms, adult day services, and other service-oriented businesses. Exceptionally well-maintained, the space provides a professional environment that requires minimal improvements for many users. Conveniently positioned within an established commercial corridor, the property offers excellent accessibility and visibility, making it an ideal opportunity for businesses seeking a turnkey location.

  • Lease rate does not include utilities, property expenses or building services
  • 3,200 SF Move-In Ready Commercial Space
  • 1st Floor, Ste 3717
  • 9,000 SF
  • 1-3 Years
  • $9.00 /SF/YR $0.75 /SF/MO $81,000 /YR $6,750 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3717
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Formerly operating as an event center, this versatile 9,000-square-foot space can be customized to meet a variety of user needs. The center is currently undergoing an exciting rebrand, transitioning from a primarily church-oriented tenant mix to a booming retail and events destination. The property features a rear service entrance for convenient trash removal and stock loading, while prime signage opportunities provide excellent visibility. Positioned along a high-traffic interstate corridor, the location offers exceptional exposure and accessibility for retailers, entertainment concepts, event venues, and other commercial users seeking a prominent presence.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 3723
  • 3,800 SF
  • 1-3 Years
  • $14.00 /SF/YR $1.17 /SF/MO $53,200 /YR $4,433 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3723
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Possibilities are endless for this great commercial space, located near the newly opened La Flaca event center. The unit features a large open space with plenty of sunlight and a storefront and six private office spaces, making it a great candidate for specialty retail, fitness or wellness center, training facility, and more. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space In Need of Renovation
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Drop Ceilings
  • Emergency Lighting
  • Demised WC facilities
  • Demised Office Space
  • Flexible Uses
  • Loads of natural light
  • 1st Floor, Ste 3729
  • 2,233 SF
  • 1-3 Years
  • $14.00 /SF/YR $1.17 /SF/MO $31,262 /YR $2,605 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3729
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now

Don’t miss this versatile commercial space, ready for retail, professional services, or creative enterprises! Sunlight and exposure opportunities abound in this corner unit with more than 70 feet of storefront on two sides. The main room has a small stage that can be used or removed for more floor space. The rear section contains an office, a storage area, and two restrooms. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Mostly Open Floor Plan Layout
  • Fits 6 - 18 People
  • Space In Need of Renovation
  • Corner Unit
  • Flexible Use Options
  • Two Sides of Storefront Exposure
  • High traffic potential
  • 1st Floor, Ste 3739
  • 2,270 SF
  • 1-3 Years
  • $14.00 /SF/YR $1.17 /SF/MO $31,780 /YR $2,648 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste 3739
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Don’t miss this versatile commercial space, ready for retail, professional services, or creative enterprises! Sunlight and exposure opportunities abound in this corner unit with more than 70 feet of storefront on two sides. The main room has a small stage that can be used or removed for more floor space. The rear section contains an office, a storage area, and two restrooms. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Corner Space
  • Drop Ceilings
  • Plug & Play
  • Hardwood Floors
  • Partitioned Offices
  • Loads of natural light
  • Flexible Options
  • High traffic potential
  • 1st Floor, Ste Stand Alone Building
  • 10,500 SF
  • 3 Years
  • $12.50 /SF/YR $1.04 /SF/MO $131,250 /YR $10,938 /MO
  • Triple Net (NNN)
3685-3749 Commercial Dr - 1st Floor - Ste Stand Alone Building
Space Use
Retail
Build-Out
-
Availability
Now

10,500 SF Stand-Alone Commercial Building | High Visibility on E. 38th St. Excellent leasing opportunity featuring a 10,500-square-foot stand-alone commercial building with abundant on-site parking and outstanding visibility. Formerly occupied by Cesar Auto Body Shop, this property offers a flexible layout suitable for a variety of commercial or industrial users, subject to zoning. Strategically located with direct access to E. 38th Street via Commercial Drive, the property benefits from strong traffic counts and easy accessibility for customers, employees, and deliveries. Positioned directly across from La Flaca, this location enjoys excellent exposure in a well-established commercial corridor. Property Highlights: 10,500 SF stand-alone building Large parking area with ample space for customers and employees Excellent visibility and signage opportunities Convenient access to E. 38th Street High-traffic commercial location Flexible layout suitable for multiple business uses (subject to zoning) This is an ideal opportunity for businesses seeking a highly visible, easily accessible location with generous parking and a strong presence in one of Indianapolis' established commercial areas.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 3623 5,400 SF 3 Years $12.00 /SF/YR $1.00 /SF/MO $64,800 /YR $5,400 /MO Triple Net (NNN)
1st Floor, Ste 3639 3,200 SF 3 Years $12.00 /SF/YR $1.00 /SF/MO $38,400 /YR $3,200 /MO Triple Net (NNN)
1st Floor, Ste 3717 9,000 SF 1-3 Years $9.00 /SF/YR $0.75 /SF/MO $81,000 /YR $6,750 /MO Triple Net (NNN)
1st Floor, Ste 3723 3,800 SF 1-3 Years $14.00 /SF/YR $1.17 /SF/MO $53,200 /YR $4,433 /MO Triple Net (NNN)
1st Floor, Ste 3729 2,233 SF 1-3 Years $14.00 /SF/YR $1.17 /SF/MO $31,262 /YR $2,605 /MO Triple Net (NNN)
1st Floor, Ste 3739 2,270 SF 1-3 Years $14.00 /SF/YR $1.17 /SF/MO $31,780 /YR $2,648 /MO Triple Net (NNN)
1st Floor, Ste Stand Alone Building 10,500 SF 3 Years $12.50 /SF/YR $1.04 /SF/MO $131,250 /YR $10,938 /MO Triple Net (NNN)

3685-3749 Commercial Dr - 1st Floor - Ste 3623

Size
5,400 SF
Term
3 Years
Rental Rate
$12.00 /SF/YR $1.00 /SF/MO $64,800 /YR $5,400 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
-
Availability
Now

Approximately 5,400 square feet of second-generation restaurant space is available immediately in a highly visible commercial corridor. The space includes existing restaurant infrastructure, including a commercial hood system, offering a cost-saving advantage for food and beverage operators seeking a faster path to opening. Ideal for regional and national restaurant chains, fast-casual concepts, full-service restaurants, cafés, bakeries, dessert concepts, ghost kitchens, catering businesses, and specialty food operators, the flexible layout supports dining, food preparation, and customer service functions in a well-established commercial area with convenient access and strong surrounding demographics.

  • Lease rate does not include utilities, property expenses or building services
  • 5,400 SF Restaurant Space
  • Existing Hood System

3685-3749 Commercial Dr - 1st Floor - Ste 3639

Size
3,200 SF
Term
3 Years
Rental Rate
$12.00 /SF/YR $1.00 /SF/MO $38,400 /YR $3,200 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
-
Availability
Now

Approximately 3,200 square feet of beautifully maintained commercial space is available for immediate occupancy. This move-in-ready suite features an attractive open layout that offers exceptional flexibility for a wide range of uses, including educational services, training facilities, professional offices, wellness concepts, creative studios, consulting firms, adult day services, and other service-oriented businesses. Exceptionally well-maintained, the space provides a professional environment that requires minimal improvements for many users. Conveniently positioned within an established commercial corridor, the property offers excellent accessibility and visibility, making it an ideal opportunity for businesses seeking a turnkey location.

  • Lease rate does not include utilities, property expenses or building services
  • 3,200 SF Move-In Ready Commercial Space

3685-3749 Commercial Dr - 1st Floor - Ste 3717

Size
9,000 SF
Term
1-3 Years
Rental Rate
$9.00 /SF/YR $0.75 /SF/MO $81,000 /YR $6,750 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Formerly operating as an event center, this versatile 9,000-square-foot space can be customized to meet a variety of user needs. The center is currently undergoing an exciting rebrand, transitioning from a primarily church-oriented tenant mix to a booming retail and events destination. The property features a rear service entrance for convenient trash removal and stock loading, while prime signage opportunities provide excellent visibility. Positioned along a high-traffic interstate corridor, the location offers exceptional exposure and accessibility for retailers, entertainment concepts, event venues, and other commercial users seeking a prominent presence.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

3685-3749 Commercial Dr - 1st Floor - Ste 3723

Size
3,800 SF
Term
1-3 Years
Rental Rate
$14.00 /SF/YR $1.17 /SF/MO $53,200 /YR $4,433 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Possibilities are endless for this great commercial space, located near the newly opened La Flaca event center. The unit features a large open space with plenty of sunlight and a storefront and six private office spaces, making it a great candidate for specialty retail, fitness or wellness center, training facility, and more. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space In Need of Renovation
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Drop Ceilings
  • Emergency Lighting
  • Demised WC facilities
  • Demised Office Space
  • Flexible Uses
  • Loads of natural light

3685-3749 Commercial Dr - 1st Floor - Ste 3729

Size
2,233 SF
Term
1-3 Years
Rental Rate
$14.00 /SF/YR $1.17 /SF/MO $31,262 /YR $2,605 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now

Don’t miss this versatile commercial space, ready for retail, professional services, or creative enterprises! Sunlight and exposure opportunities abound in this corner unit with more than 70 feet of storefront on two sides. The main room has a small stage that can be used or removed for more floor space. The rear section contains an office, a storage area, and two restrooms. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Mostly Open Floor Plan Layout
  • Fits 6 - 18 People
  • Space In Need of Renovation
  • Corner Unit
  • Flexible Use Options
  • Two Sides of Storefront Exposure
  • High traffic potential

3685-3749 Commercial Dr - 1st Floor - Ste 3739

Size
2,270 SF
Term
1-3 Years
Rental Rate
$14.00 /SF/YR $1.17 /SF/MO $31,780 /YR $2,648 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Don’t miss this versatile commercial space, ready for retail, professional services, or creative enterprises! Sunlight and exposure opportunities abound in this corner unit with more than 70 feet of storefront on two sides. The main room has a small stage that can be used or removed for more floor space. The rear section contains an office, a storage area, and two restrooms. Contact Sojos Capital today for a showing.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Corner Space
  • Drop Ceilings
  • Plug & Play
  • Hardwood Floors
  • Partitioned Offices
  • Loads of natural light
  • Flexible Options
  • High traffic potential

3685-3749 Commercial Dr - 1st Floor - Ste Stand Alone Building

Size
10,500 SF
Term
3 Years
Rental Rate
$12.50 /SF/YR $1.04 /SF/MO $131,250 /YR $10,938 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
-
Availability
Now

10,500 SF Stand-Alone Commercial Building | High Visibility on E. 38th St. Excellent leasing opportunity featuring a 10,500-square-foot stand-alone commercial building with abundant on-site parking and outstanding visibility. Formerly occupied by Cesar Auto Body Shop, this property offers a flexible layout suitable for a variety of commercial or industrial users, subject to zoning. Strategically located with direct access to E. 38th Street via Commercial Drive, the property benefits from strong traffic counts and easy accessibility for customers, employees, and deliveries. Positioned directly across from La Flaca, this location enjoys excellent exposure in a well-established commercial corridor. Property Highlights: 10,500 SF stand-alone building Large parking area with ample space for customers and employees Excellent visibility and signage opportunities Convenient access to E. 38th Street High-traffic commercial location Flexible layout suitable for multiple business uses (subject to zoning) This is an ideal opportunity for businesses seeking a highly visible, easily accessible location with generous parking and a strong presence in one of Indianapolis' established commercial areas.

  • Lease rate does not include utilities, property expenses or building services

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.

Site Plan

Select Tenants at Lafayette Place

  • Tenant
  • Description
  • US Locations
  • Reach
  • Brothers Cash & Carry
  • Retailer
  • -
  • -
  • DaVita Dialysis
  • Health Care and Social Assistance
  • -
  • -
  • Diaz Discounts
  • Retailer
  • -
  • -
  • La Flaca at The Square
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Saraga Interernational Grocery
  • Supermarket
  • 6
  • Regional
  • Zen Body Art Studio
  • Services
  • -
  • -
Tenant Description US Locations Reach
Brothers Cash & Carry Retailer - -
DaVita Dialysis Health Care and Social Assistance - -
Diaz Discounts Retailer - -
La Flaca at The Square Arts, Entertainment, and Recreation - -
Saraga Interernational Grocery Supermarket 6 Regional
Zen Body Art Studio Services - -

Property Facts

Total Space Available 36,403 SF
Center Type Power Center
Parking 832 Spaces
Stores 33
Center Properties 8
Frontage 2,619’ on Commercial Dr
Gross Leasable Area 466,526 SF
Total Land Area 70.92 AC
Year Built 1985

About the Property

Lafayette Place offers businesses the opportunity to join an evolving retail, dining, entertainment, and community destination in Indianapolis’ International Marketplace district. The center benefits from a unique combination of daytime, evening, and event-driven traffic generated by established retail anchors and newer neighborhood investments. Saraga International Grocery, one of the area’s most recognized international grocery destinations, provides consistent daily customer traffic. La Flaca, a newly developed live-music and entertainment venue, expands activity into evenings and weekends. The adjacent community center, which opened in August 2024, adds another positive neighborhood resource and brings families, organizations, and community programming to the area. DaVita Westview Dialysis also serves as an established medical anchor and generates recurring weekday visits. Located near I-65, Lafayette Road, and West 38th Street, Lafayette Place provides convenient access from throughout Indianapolis. The center is approximately two miles from the Indianapolis Motor Speedway, creating additional exposure during the busy Month of May, and is within an easy drive of Newfields and downtown Indianapolis. Ownership has made substantial improvements throughout the property during the past five years, including exterior painting, cleaning, roadway work, and parking-lot improvements. The center is now being repositioned from its former concentration of places of worship into a more active mix of retail, restaurant, entertainment, wellness, medical, and service-oriented businesses. Competitive introductory rental opportunities allow qualified tenants to establish themselves now and participate in the continued redevelopment of the surrounding district. Flexible suite sizes, ample surface parking, prominent signage opportunities, and committed ownership make Lafayette Place an attractive option for businesses seeking visibility, accessibility, and long-term growth potential.

  • 24 Hour Access
  • Property Manager on Site
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
11,995
98,515
266,852
2030 Population
12,059
99,295
270,887
2025-2030 Projected Population Growth
0.5%
0.8%
1.5%
Median Age
32.6
33.8
34.1
College Degree + Higher
21%
23%
31%
Daytime Employees
3,138
32,916
128,293
Total Businesses
515
3,357
16,069
Average Household Income
$68,627
$72,209
$84,068
Median Household Income
$55,171
$59,472
$63,885
Total Consumer Spending
$107.7M
$923.7M
$2.8B
2025 Households
4,459
38,154
108,769
Average Home Value
$230,492
$241,710
$295,382

Nearby Major Retailers

Chase Bank
Jazzercise
Huntington National Bank
Harold's Chicken
La Bamba
Rent-A-Center
Patel Brothers
PNC Bank
  • Listing ID: 36247589

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: 3643-3749 Commercial Dr, Indianapolis, IN 46222

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