12460 Meridian StCarmel, IN 46032

For Lease

Prime Retail Space, Multiple Units Available

Overview

Added:
Dec 11, 2024
Days on market:
90
Invest in this exceptional 17,895 square foot retail strip center, ideally situated in Hamilton County, Indiana. The property, built in 1987, boasts a single story design and is zoned B2. Currently, there are three available spaces, offering flexible options ranging from 1,200 to 7,645 contiguous square feet, with a total of 6,159 square feet currently vacant. This presents a unique opportunity for businesses seeking high visibility and strong foot traffic. The center enjoys a prominent location on Meridian Street, experiencing a daily traffic count of 46,404 vehicles. Its strategic placement between IU North Hospital and St. Vincent Carmel Hospital, with over 1,000 hospital beds nearby, and the presence of over 2,000 hotel rooms to the north, ensures a substantial customer base. Furthermore, the property benefits from its proximity to more than 6 million square feet of office space within a 3-mile radius and is adjacent to a Platform 24 coworking center. Existing tenants include Amber Indian Restaurant and La Hacienda, providing established synergy and a thriving retail environment. The property's APN is 29-09-26-008-016.101-018. This is a rare opportunity to secure prime retail space in a high-growth area with excellent visibility and strong demographics. Specific available spaces include approximately 1,200, 2,950, and 3,209 square feet.

Highlights

  • 17,895 SF strip center with multiple tenancies in Hamilton County.
  • Three available spaces ranging from 1,200 SF to 7,645 SF.
  • Located on Meridian Street with 46,404 VPD, offering strong visibility.
  • Situated near affluent residential areas, two major hospitals, and over 6 million SF of office space.
  • Adjacent to Platform 24 coworking center and benefits from nearby hotels.

Property Details for 12460 Meridian St

Property type
Neighborhood centers, Other retail properties
RSF (Rentable sq. ft)
17,895 SF
Year Built
1987
Stories
1

Unit(s) available at that property

Space
12460
Size
1,200 SF
Space
12540
Size
2,950 SF
Space
12590
Size
3,209 SF

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
39.9708075
Longitude
-86.1600789
12460 Meridian St, Carmel, Indiana

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12460 Meridian St
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