List Search

Spring Mill Road & 116th Street
Carmel, IN 46032 Carmel

Rate Upon Request

General Retail For Lease  •  1,300+ SF

Property Details

  • Property Type General Retail
  • Year Built 2026
  • Total Building Size 15,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C
0 Transit Score
38 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,300-15,000 SF Rate Upon Request
New build space with outparcel options, in-line storefronts, end-cap suites, and more coming to the newly built project. This represents approximately seven separate spaces that are highly flexible in use. The center sports a chic design and a buzzing atmosphere with mixed-use tenants surrounded by decorated outdoor patios. Users will be joining a day care and a community building.

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

Description

Set up shop in one of the most exciting areas of the Indianapolis metro and explore the possibilities of these first-generation spaces presented by Spring Mill Shops. 
   
Spring Mill Shops at Jackson Grant Village is a new development bringing multiple buildings to the corner of the Spring Mill Road and 116th Street roundabout. The project is artfully designed to incorporate sleek, modern elements with a stylish suburban feel. There are opportunities for a standalone restaurant and street-facing storefront suites with features like sophisticated covered patios, outdoor seating, high-identity signage, and more. Whether users need to install a full commercial kitchen or have a boutique storefront, the wide range of size options can accommodate anyone. Tenants will also be joining a daycare and a community building to further activate the center.
  
Mixed-use destinations surround Spring Mill Shops, highlighting the buzzing atmosphere of Carmel, Indiana. Jackson’s Grant subdivision, the Bridges of Carmel retail center, the new Steadman Apartments, IU Health North Hospital, Market District Supermarket, and several multi-story office buildings are all within a half-mile of the site, representing only a handful of the nearby hubs supporting co-traffic for Spring Mill Shops. Due to this proliferation of multifaceted hotspots, Carmel draws many of the region’s most affluent residents; in fact, there are about 1,300 households within a five-minute drive, and they report an average annual income of over $208,000. Demographic data indicates that the local population will continue its unprecedented growth in recent years, making this a perfectly timed opportunity to see business flourish in this powerhouse market.

Highlights

Spring Mill Shops at Jackson Grant Village is a new project comprising roughly seven retail/restaurant spaces, a daycare, and a community building.
Featuring a sophisticated suburban-modern design with a large parking lot, a pergola, open patio options, and a freestanding restaurant opportunity.
Supported by established anchors in the vicinity, including several medical centers/hospitals, offices, high-end apartments, and affluent suburbs.
High-traffic address at the corner of the 116th Street and Spring Mill Road roundabout, passed by over 30,000 vehicles per day.
Tap into a nation-leading trade area as the average annual household income of $175K within a 10-minute drive contributes to $1.1B in yearly spending.
Astounding growth predictions call for the population within a 3-mile radius to increase 18.22% by 2029, even after rising by 19% from 2020 to 2024.

Property Flyers

Amenities

  • Courtyard
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Indianapolis International 47 min - 28.8 mi
Keith Fried 463-223-4107 McCrea Property Group, LLC
Keith Fried 463-223-4107 McCrea Property Group, LLC