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2025 E 46th St 1,970 - 4,896 SF of Space Available in Indianapolis, IN 46205
HIGHLIGHTS
- Tall Ceilings
- Storefront
- Dedicated Parking
- Natural Light
- Commercial Kitchen
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Area A | 1,970 SF | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $68,749 CAD/YR $5,729 CAD/MO | Triple Net (NNN) | ||
| 1st Floor - Area B | 2,926 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $61,267 CAD/YR $5,106 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Area A
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Freezer Space
- Drop Ceilings
1st Floor - Area B
- 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.
PROPERTY FACTS
| Total Space Available | 4,896 SF | Gross Leasable Area | 4,900 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Freestanding | Parking Ratio | 3.27/1,000 SF |
| Total Space Available | 4,896 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,900 SF |
| Year Built | 1967 |
| Parking Ratio | 3.27/1,000 SF |
ABOUT THE PROPERTY
Exciting Retail/Restaurant Opportunity in the Heart of SoBro – 5,000 SF Corner Building with Commercial Kitchen Located at the prominent intersection of 46th & Evanston in Indianapolis’ SoBro neighborhood, this 5,000 SF commercial property offers a rare opportunity to join one of the city’s most up-and-coming corridors. Just steps from established local favorites and buzzing new developments, this site is primed for a dynamic tenant looking to make their mark. The building features a fully functioning 1,300 SF commercial kitchen—including a walk-in cooler—making it an ideal candidate for a QSR restaurant, shared kitchen, catering operation, or private dining experience. The layout offers flexibility to suit your concept, with the option to demis into two distinct suites: Area A: ±2,000 SF Area B: ±3,000 SF Each suite includes its own storefront and access to 10 private parking spaces behind the building. Landlord improvements will include an upgraded building shell with fresh exterior hardscaping and updated storefront systems as shown in the concept renderings. Whether you're looking to occupy the entire space or collaborate in a multi-tenant configuration, this building is ready to become a standout destination on the 46th Street corridor. Join the energy of SoBro—reach out today to schedule a tour or request additional information. Now leasing!
- Signalized Intersection
NEARBY MAJOR RETAILERS
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2025 E 46th St
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