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Universal Plaza 4213-4279 Lafayette Rd 1,344 - 52,141 SF of Space Available in Indianapolis, IN 46254



Highlights
- Universal Plaza’s established, 22-acre center is along a retail corridor and ideal for neighborhood-serving and multicultural business concepts.
- High visibility from Lafayette Road with prominent pylon and storefront signage, and abundant surface parking and convenient customer access.
- Select suites offer office/service-business buildouts, ready for restaurants, salons, retail, medical, wellness, professional, and educational uses.
- Approximately 98,000 residents and 25,000+ daytime employees within 3 miles, and convenient access to West 38th St, Georgetown Rd, I-65, and I-465.
- Flexible retail and office/service spaces from 1,344 to 5,300 square feet are available among a diverse tenant mix, generating recurring traffic.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,784 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,344 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 4223 | 40,000 SF | 3 Years | $13.87 CAD/SF/YR $1.16 CAD/SF/MO $554,808 CAD/YR $46,234 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4265 | 3,713 SF | 1-3 Years | $22.19 CAD/SF/YR $1.85 CAD/SF/MO $82,400 CAD/YR $6,867 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4322A | 5,300 SF | 1-3 Years | $16.64 CAD/SF/YR $1.39 CAD/SF/MO $88,214 CAD/YR $7,351 CAD/MO | Triple Net (NNN) |
4213-4279 Lafayette Rd - 1st Floor
4213-4279 Lafayette Rd - 1st Floor
4213-4279 Lafayette Rd - 1st Floor - Ste 4223
COMING AVAILABLE OCTOBER 2026: APPROXIMATELY 40,000 SF AT UNIVERSAL PLAZA A rare large-format leasing opportunity will become available in October 2026 at Universal Plaza. Located at 4233 Lafayette Road, this approximately 40,000-square-foot space offers exceptional visibility, accessibility, and flexibility within an established shopping center along the busy Lafayette Road commercial corridor. Currently occupied by the Global Village Welcome Center, the space is maintained in pristine condition and presently configured as a museum and cultural destination. Its expansive footprint and high-quality existing improvements create an excellent opportunity for continued museum or cultural use or conversion into a dynamic retail destination, educational facility, workforce-development or corporate training center, entertainment venue, medical or wellness facility, professional-services center, community-focused organization, or another high-capacity use. UNIVERSAL PLAZA Universal Plaza is an established, 22-acre neighborhood shopping center offering highly visible retail, office, and service space near the high-traffic intersection of West 38th Street and Lafayette Road. In addition to this distinctive 40,000-square-foot opportunity, the center offers smaller suites ranging from approximately 1,344 to 5,300 square feet, providing flexible options for emerging businesses and established operators. The center’s diverse tenant mix, including restaurants, personal-service businesses, retailers, professional offices, and community-oriented uses, creates repeat customer traffic throughout the day. Direct Lafayette Road visibility, prominent pylon and storefront signage opportunities, convenient access, and abundant surface parking make the property easy for customers and employees to find and access. Universal Plaza is surrounded by a dense residential population, with approximately 98,000 residents and more than 25,000 daytime employees located within three miles. Its strategic location provides convenient connections to West 38th Street, Georgetown Road, I-65, I-465, and other major northwest Indianapolis corridors. The property is also located next to The Square, the significant redevelopment of the former Lafayette Square Mall. This ongoing investment is bringing renewed commercial, residential, entertainment, and community activity to the district, positioning future occupants near one of northwest Indianapolis’ most important revitalization projects. Spaces throughout Universal Plaza can accommodate a wide range of concepts, including restaurants, salons and beauty services, specialty retailers, medical and wellness providers, professional offices, training and educational programs, cultural organizations, entertainment concepts, and other neighborhood-serving businesses. Select suites feature existing office or service-oriented buildouts that may help qualified tenants reduce startup time and improvement costs. With its substantial footprint, pristine condition, flexible configuration, strong roadway exposure, established neighboring businesses, ample parking, surrounding population density, and proximity to major redevelopment, 4233 Lafayette Road presents an exceptional opportunity for a business or organization seeking a distinctive, high-capacity location in a busy and evolving Indianapolis district. LOOPNET HIGHLIGHTS Rare approximately 40,000-square-foot space available in October 2026. Pristine condition with an existing museum and cultural-center configuration. Flexible layout suitable for retail, education, workforce development, corporate training, entertainment, medical, wellness, professional services, cultural, or community-focused uses. Located within an established, 22-acre shopping center along the Lafayette Road retail corridor. Approximately 98,000 residents and more than 25,000 daytime employees within three miles. High visibility from Lafayette Road with prominent pylon and storefront signage opportunities. Abundant surface parking and convenient customer access. Diverse existing tenant mix generates recurring neighborhood traffic. Convenient access to West 38th Street, Georgetown Road, I-65, and I-465. Located next to The Square, the major redevelopment of the former Lafayette Square Mall. Additional retail and office/service suites within the center range from approximately 1,344 to 5,300 square feet. Select suites feature existing office or service-business buildouts.
- Lease rate does not include utilities, property expenses or building services
4213-4279 Lafayette Rd - 1st Floor - Ste 4265
This space is a former healthcare training center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Office intensive layout
- Fits 10 - 30 People
- Signage available
4213-4279 Lafayette Rd - 1st Floor - Ste 4322A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
Select Tenants at Universal Plaza
- Tenant
- Description
- US Locations
- Reach
- Apna Kitchen
- Restaurant
- 1
- Local
- Ba Hair Braiding
- Salon/Barber/Spa
- 1
- International
- D J Beauty Supply
- Health & Beauty Aids
- 1
- Local
- India Palace Restaurant
- Restaurant
- 1
- Local
- Kaura International Food Market
- Other Retail
- 1
- Local
- Troutman's Barber & Beauty Salon
- Salon/Barber/Spa
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Apna Kitchen | Restaurant | 1 | Local |
| Ba Hair Braiding | Salon/Barber/Spa | 1 | International |
| D J Beauty Supply | Health & Beauty Aids | 1 | Local |
| India Palace Restaurant | Restaurant | 1 | Local |
| Kaura International Food Market | Other Retail | 1 | Local |
| Troutman's Barber & Beauty Salon | Salon/Barber/Spa | 1 | Local |
Property Facts
| Total Space Available | 52,141 SF | Frontage | 944’ on Lafayette Rd |
| Center Type | Community Center | Gross Leasable Area | 116,318 SF |
| Parking | 1142 Spaces | Total Land Area | 22.20 AC |
| Stores | 17 | Year Built | 1988 |
| Center Properties | 1 |
| Total Space Available | 52,141 SF |
| Center Type | Community Center |
| Parking | 1142 Spaces |
| Stores | 17 |
| Center Properties | 1 |
| Frontage | 944’ on Lafayette Rd |
| Gross Leasable Area | 116,318 SF |
| Total Land Area | 22.20 AC |
| Year Built | 1988 |
About the Property
Universal Plaza is an established, 22-acre neighborhood shopping center offering highly visible retail and office/service space along the busy Lafayette Road commercial corridor. Available suites range from approximately 1,344 to 5,300 square feet, providing flexible options for both emerging businesses and established operators. The center’s diverse tenant mix, including restaurants, personal service businesses, retailers, and community-oriented uses, generates repeat customer traffic throughout the day. Direct Lafayette Road visibility, prominent pylon signage, convenient access, and abundant surface parking make the property easy for customers and employees to find and access. Universal Plaza is surrounded by a dense residential population, with approximately 98,000 residents and more than 25,000 daytime employees located within three miles. Its location also offers convenient connections to West 38th Street, Georgetown Road, Interstate 65, Interstate 465, and other major northwest Indianapolis corridors. Available spaces can accommodate a wide range of concepts, including restaurants, salons and beauty services, specialty retailers, medical or wellness providers, professional offices, training and educational programs, and other neighborhood-serving businesses. Select spaces include existing office or service-oriented buildouts that may help qualified tenants reduce startup time and improvement costs. With flexible suite sizes, strong roadway exposure, established neighboring businesses, and competitive leasing opportunities, Universal Plaza provides an accessible location for businesses seeking to serve northwest Indianapolis’ diverse and growing customer base.
- Pylon Sign
Demographics
Demographics
Nearby Major Retailers
Presented by
Sojos Capital
Universal Plaza | 4213-4279 Lafayette Rd
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