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4540-4590 N Shadeland Ave
Indianapolis, IN 46226 Devington

$1,167 USD/MO

Unknown For Lease  •  1,400 SF

Property Details

  • Property Type Unknown
  • Year Built 1961
  • Total Building Size 45,000 SF
26 Transit Score
50 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 4554 Retail 1,400 SF $10.00 USD/SF/YR
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.

  • Date available: Now
  • Lease term: 3 Years
  • Service type: Triple Net
  • Space Type: Relet

Description

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.

Highlights

Prime retail space on high-traffic Shadeland Avenue.
Convenient access to I-465 and East 46th Street.
Zoned C4 for broad commercial and retail uses.
Prominent signage opportunities for strong branding.
Surrounded by thriving retail and service tenants.
Strong residential base supports steady customer flow.

Property Flyers

Amenities

  • Banking
  • Signage
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Centra Credit Union
Family Dollar

Public Transportation

AirportDriveWalkDistance
Indianapolis International 40 min - 23.2 mi
Jim Smillie 317-400-0000 Golars Real Estate
Jim Smillie 317-400-0000 Golars Real Estate