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Shadeland Corner 4540-4590 N Shadeland Ave 1,400 SF of Retail Space Available in Indianapolis, IN 46226
HIGHLIGHTS
- Prime retail space on high-traffic Shadeland Avenue.
- Zoned C4 for broad commercial and retail uses.
- Surrounded by thriving retail and service tenants.
- Convenient access to I-465 and East 46th Street.
- Prominent signage opportunities for strong branding.
- Strong residential base supports steady customer flow.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4554 | 1,400 SF | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO | Triple Net (NNN) |
4540-4590 N Shadeland Ave - 1st Floor - Ste 4554
Discover the opportunity to establish your business in a highly visible, well-connected retail corridor on Indianapolis’ east side. 4554 Shadeland Avenue offers approximately 1400 square feet of efficient retail space designed for maximum usability, visibility, and customer access. This well-proportioned suite features an open floor plan ideal for a wide range of retail, service, or specialty users looking to capitalize on one of the city’s most active and accessible commercial areas. Property Overview Positioned along Shadeland Avenue, this property benefits from steady daily traffic and excellent street frontage exposure with immediate access to Interstate 465 and East 46th Street. The layout’s balance of open and private zones makes it suitable for businesses ranging from boutique retail to personal services, specialty shops, and office-retail hybrids. Exterior & Building Features The building’s exterior frontage along Shadeland Avenue allows for excellent signage visibility. This is a valuable asset for businesses relying on street recognition and drive-by exposure. Ample parking is available directly in front of the building, ensuring convenient access for customers and staff alike. The property’s position on a flat, easily accessible lot makes loading and customer entry seamless. The surrounding area supports a mix of local and national tenants, offering a strong retail synergy that encourages cross-shopping and brand exposure. Nearby businesses include automotive service centers, restaurants, small retailers, and professional offices, contributing to consistent consumer traffic and a vibrant commercial ecosystem. Location Highlights Located on the east side of Indianapolis, this property sits in a well-established corridor known for steady commercial growth and community engagement. Shadeland Avenue serves as a major arterial roadway connecting multiple east-side neighborhoods, providing direct routes to I-465, I-70, and downtown Indianapolis. The property’s proximity to these major highways facilitates easy access for both local shoppers and commuters. Nearby points of interest include several retail plazas, dining options, and convenience businesses that generate consistent area activity. The dense residential surroundings ensure a strong daytime and evening customer base. With strong visibility, accessible parking, and high traffic counts, this location offers the kind of market presence small businesses need to thrive. Market & Demographics The Shadeland corridor offers access to a diverse mix of consumers. The surrounding zip codes feature a balance of residential neighborhoods and business developments, supporting steady daytime traffic. Population density within a five-mile radius is substantial, and median household income levels provide strong support for retail and service-based businesses. The area’s ongoing redevelopment initiatives and consistent traffic growth make this corridor a stable and promising retail environment. Summary 4554 Shadeland Avenue represents a prime opportunity to lease a highly adaptable retail space in one of Indianapolis’ most accessible and well-traveled corridors. Its practical floor plan, combined with strong visibility and proximity to major transportation routes, positions this property as an exceptional value for small to mid-sized retail tenants. Whether you’re a local business looking to expand your footprint or an entrepreneur seeking an ideal location for your first storefront, this property provides the foundation for lasting success.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Wheelchair Accessible
- Highly visible Shadeland Ave frontage.
- Ideal for retail or service use.
- Excellent signage opportunity.
- Easy access to I-465 & I-70.
- Surrounded by strong tenant mix.
- Great east side Indianapolis location.
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 SHADELAND CORNER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Centra Credit Union
- Bank
- 20
- National
- Family Dollar
- Dollar/Variety/Thrift
- 9,663
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Centra Credit Union | Bank | 20 | National |
| Family Dollar | Dollar/Variety/Thrift | 9,663 | National |
PROPERTY FACTS
| Total Space Available | 1,400 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 45,000 SF |
| Parking | 197 Spaces | Total Land Area | 4.73 AC |
| Stores | 8 | Year Built | 1961 |
| Center Properties | 1 |
| Total Space Available | 1,400 SF |
| Center Type | Neighborhood Center |
| Parking | 197 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 45,000 SF |
| Total Land Area | 4.73 AC |
| Year Built | 1961 |
ABOUT THE PROPERTY
Position your retail business in a high-visibility, high-traffic corridor on the east side of Indianapolis at 4554 Shadeland Avenue. This exceptional location offers unmatched exposure, convenient access, and a thriving retail environment that supports a wide variety of commercial tenants. This ±1400 SF retail suite is ideally suited for boutique retailers, service providers, and specialty operators seeking a professional, efficient, and customer-accessible location. The property sits directly on Shadeland Avenue, one of Indianapolis’s most traveled commercial arterials, connecting major east-side neighborhoods to I-465 and I-70. The area’s consistent traffic volume, vibrant retail mix, and strong residential density make this location a prime choice for businesses seeking long-term success and growth. Prime Retail Location The property enjoys direct frontage along Shadeland Avenue, offering premium visibility to more than 25,000 vehicles per day (VPD). This primary arterial route provides outstanding exposure for on-building and monument signage, giving tenants a strong competitive edge in a busy marketplace. The combination of strong commuter traffic and nearby residential density drives steady daily activity, making this a desirable destination for retail and service-oriented users alike. The corridor surrounding 4554 Shadeland Ave includes a healthy mix of local retailers, restaurants, automotive service centers, professional offices, and national brands, creating a synergistic commercial ecosystem. Property Overview The property consists of a single-story retail suite, zoned C4 (Commercial Regional)—the City of Indianapolis’s most flexible commercial district. C4 zoning supports a broad spectrum of business types, including general retail, personal services, professional offices, light medical, and small-scale automotive uses. The suite features a straightforward, efficient layout designed to optimize customer interaction and usability. The configuration allows for seamless adaptation to a variety of retail uses, from boutique storefronts to service-oriented concepts. The building fronts directly onto Shadeland Avenue, with convenient access via a curb cut and on-site parking for customers and staff. The site’s primary frontage ensures strong visual presence and branding potential. Accessibility & Exposure Accessibility and visibility are among this property’s strongest assets. Positioned on a primary arterial, the site is designed for convenience, featuring direct street access, on-site parking, and a clear line of sight from the road. Shadeland Avenue’s four-lane configuration, wide sidewalks, and consistent traffic make it one of Indianapolis’s most visible commercial corridors. The property’s curb cut allows smooth ingress and egress, while its setback and orientation ensure excellent sightlines for passing vehicles. The opportunity for prominent storefront signage provides powerful brand visibility and recognition for tenants seeking to stand out in a competitive retail market. Proximity to I-465 and I-70—both within minutes—connects this site to regional markets and allows businesses to reach customers throughout the greater Indianapolis metro area. 4554 Shadeland Avenue represents a rare opportunity to secure a highly visible, affordable retail location in one of Indianapolis’s most established and accessible commercial corridors. Its combination of exposure, flexibility, and convenience makes it an exceptional site for a range of retail and service operators. Whether you’re a local entrepreneur, a regional retailer expanding into new territory, or a service-based business seeking a professional storefront with strong customer reach, this property delivers the visibility, accessibility, and market strength needed for long-term success. With its strategic location, supportive zoning, and strong demographic fundamentals, 4554 Shadeland Avenue is a standout retail opportunity in the competitive Indianapolis marketplace.
- Banking
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Shadeland Corner | 4540-4590 N Shadeland Ave
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