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5285 E 38th St
Indianapolis, IN 46218 Arlington Woods

Rate Upon Request

Storefront For Lease  •  8,320 SF

Property Details

  • Property Type Storefront
  • Year Built 2016
  • Total Building Size 8,320 SF
  • Tenancy Single
  • Building Class B
  • Zoning C-3
30 Transit Score
40 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 8,320 SF Rate Upon Request 
The property at 5285 E 38th Street offers a contemporary 8,320-square-foot freestanding retail building with exceptional frontage on one of Indianapolis’ busiest corridors. Built in 2016, the site features a private parking lot, pylon signage, and two finished restrooms, providing a turnkey setting for a variety of potential tenants. Zoned C-3, this location accommodates broad commercial uses including retail, service, and specialty operations. Its visibility, accessibility via the IndyGo bus line, and proximity to established neighborhoods make it well-suited for operators seeking exposure in a high-traffic environment.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet

Description 

This freestanding retail space at 5285 E 38th Street offers a modern building constructed in 2016 with excellent visibility and convenient access along a major Indianapolis corridor. The 8,320-square-foot structure sits on a 1.21-acre parcel and includes a private parking lot, two built-out restrooms, and prominent pylon signage for maximum exposure.

Strategically positioned along the recently revamped IndyGo bus line, this location provides connectivity to high-density neighborhoods and major city thoroughfares. Its C-3 zoning accommodates a broad spectrum of uses beyond traditional retail, making it suitable for service businesses, specialty stores, quick-service restaurants, or medical and professional offices. The property’s combination of accessibility, high-traffic exposure, and flexible use potential makes it a strong option for tenants seeking a long-term Indianapolis presence.

Highlights

Freestanding 8,320 SF retail building with modern construction.
Located on high-visibility 38th Street with strong commuter traffic.
Pylon signage positioned for maximum visibility.
Zoned C-3 for diversified commercial use options.
Accessible via IndyGo bus line for enhanced connectivity.

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 14 min - 7.9 mi
AirportDriveWalkDistance
Indianapolis International 35 min - 20.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
George Novogroder 312-951-5500 The Novogroder Companies, Inc.
George Novogroder 312-951-5500 The Novogroder Companies, Inc.