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Lafayette Place 3643-3749 Commercial Dr 2,233 - 36,403 SF of Space Available in Indianapolis, IN 46222



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
| 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
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
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
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
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
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
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
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 | Frontage | 2,619’ on Commercial Dr |
| Center Type | Power Center | Gross Leasable Area | 466,526 SF |
| Parking | 832 Spaces | Total Land Area | 70.92 AC |
| Stores | 33 | Year Built | 1985 |
| Center Properties | 8 |
| 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
Demographics
Demographics
Nearby Major Retailers
