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Highlights

  • Clearwater Village fronts E. 82nd Street in the heart of Indianapolis’ flourishing Clearwater Commercial and Residential Area.
  • To the east is the Castleton area and Castleton Square Mall on 82nd Street, Indianapolis’ largest mall.
  • Entrance is signalized and shares and entrance with a residential development consisting of homes valued at half-million dollars and upwards in price

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 4619
  • 12,000-23,387 SF
  • 5-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Large retail space that the owners will consider splitting into two spaces upon tenant request.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • 1st Floor, Ste 4643
  • 4,807 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 4663
  • 3,207 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste 4619 12,000-23,387 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 4643 4,807 SF 5 Years Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 4663 3,207 SF 5 Years Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor, Ste 4619

Size
12,000-23,387 SF
Term
5-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Large retail space that the owners will consider splitting into two spaces upon tenant request.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space

1st Floor, Ste 4643

Size
4,807 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

1st Floor, Ste 4663

Size
3,207 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • 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 Clearwater Village

  • Half Price Books

Property Facts

Total Space Available 31,401 SF
Min. Divisible 3,207 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 48,374 SF
Total Land Area 5.30 AC
Year Built/Renovated 1997/2012
Parking Ratio 5.48/1,000 SF

About the Property

Retail property for lease. Clearwater Village fronts East 82nd Street in the heart of Indianapolis' flourishing Clearwater Area. The Center shares an entrance with a residential development of homes of half-million dollars and higher. High to mid income area which has maintained a high level of stability during the last 30 years. This area remains a strong and viable retail location central to many neighboring communities.

  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Fresh Thyme Farmers Market
Bonefish Grill
Giordano's
Joe's Crab Shack
Taziki’s Mediterranean Café
Huntington National Bank
Starbucks
The Picklr
Metro Diner
McAlister's Deli
  • Listing ID: 4065640

  • Date on Market: 2024-05-22

  • Last Updated:

  • Address: 4619-4737 E 82nd St, Indianapolis, IN 46250

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