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1017 E Morris St 7,200 SF of Retail Space Available in Indianapolis, IN 46203
HIGHLIGHTS
- Fantastic location in Fountain Square with 20 exclusive and 45 shared parking spaces available 1/1/2025
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Property Overview: Step into an incredible opportunity to establish or expand your business in one of Indianapolis' most vibrant and eclectic neighborhoods—Fountain Square. This premier 7,200 sq. ft. commercial space offers unparalleled potential, complete with 20 exclusive parking spaces—a rare find in this bustling area. Additionally, an adjacent lot provides as many as 45 public parking spaces, ensuring ease of access for your customers. The space is flexible, with the possibility of subdivision to suit your specific business needs. Whether you're envisioning a retail haven, a chic office space, or an innovative mixed-use environment, this property provides the canvas for your vision. About Fountain Square: Fountain Square is where history meets hip.. Just a short distance from downtown Indianapolis, Fountain Square boasts an ever-growing selection of trendy restaurants, unique boutiques, and lively entertainment venues. Known for its vintage charm and modern vibe, this district has become a hotspot for culture, creativity, and community . The area’s artistic spirit is reflected in its vibrant murals, indie music scene, and the iconic Fountain Square Theatre. It’s a neighborhood that attracts a diverse crowd—from young professionals to seasoned entrepreneurs—all drawn by the district’s unique character and energetic atmosphere. The area has experienced significant growth in recent years, with new developments and revitalizations continuing to enhance its appeal. Housing Market & Growth: Fountain Square is not just a place to visit—it’s a place to live and thrive. The housing market here has seen a boom, with home prices rising as more people discover the charm and convenience of the neighborhood. Despite the growth, the area maintains its distinct personality, making it a desirable location for both residents and businesses. Don’t miss out on this exceptional opportunity to secure a prime commercial space in one of Indianapolis’ most sought-after neighborhoods. Contact us today to schedule a viewing and take the first step toward making Fountain Square your business’s new home!
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 | 7,200 SF | Year Built | 1959 |
| Property Type | Retail | Parking Ratio | 4.44/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | Shelby St |
| Gross Leasable Area | 7,200 SF |
| Total Space Available | 7,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,200 SF |
| Year Built | 1959 |
| Parking Ratio | 4.44/1,000 SF |
| Cross Streets | Shelby St |
ABOUT THE PROPERTY
Step into an incredible opportunity to establish or expand your business in one of Indianapolis' most vibrant and eclectic neighborhoods—Fountain Square. This premier 7,200 sq. ft. commercial space offers unparalleled potential, complete with 20 exclusive parking spaces—a rare find in this bustling area. Additionally, an adjacent lot provides as many as 45 public parking spaces, ensuring ease of access for your customers. The space is flexible, with the possibility of subdivision to suit your specific business needs. Whether you're envisioning a retail haven, a chic office space, or an innovative mixed-use environment, this property provides the canvas for your vision. About Fountain Square: Fountain Square is where history meets hip.. Just a short distance from downtown Indianapolis, Fountain Square boasts an ever-growing selection of trendy restaurants, unique boutiques, and lively entertainment venues. Known for its vintage charm and modern vibe, this district has become a hotspot for culture, creativity, and community . The area’s artistic spirit is reflected in its vibrant murals, indie music scene, and the iconic Fountain Square Theatre. It’s a neighborhood that attracts a diverse crowd—from young professionals to seasoned entrepreneurs—all drawn by the district’s unique character and energetic atmosphere. The area has experienced significant growth in recent years, with new developments and revitalizations continuing to enhance its appeal. Housing Market & Growth: Fountain Square is not just a place to visit—it’s a place to live and thrive. The housing market here has seen a boom, with home prices rising as more people discover the charm and convenience of the neighborhood. Despite the growth, the area maintains its distinct personality, making it a desirable location for both residents and businesses. Don’t miss out on this exceptional opportunity to secure a prime commercial space in one of Indianapolis’ most sought-after neighborhoods. Contact us today to schedule a viewing and take the first step toward making Fountain Square your business’s new home!
- Air Conditioning
NEARBY MAJOR RETAILERS
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1017 E Morris St
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