- For Lease $15.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 6,330 SF
- Units 2
- Property Tenancy Multi-Tenant
- Year Built 1966
- Year Renovated 2025
- Date Updated Oct 6, 2026
Description
Strategically positioned along Madison Avenue on Indianapolis’ south side, 7017–7019 Madison Avenue offers excellent visibility and convenient access within an established commercial corridor. Located at the intersection of Southport Rd. and Madison Ave., this property receives very high visibility, with approx. 40,800 VPD at the busy intersection. The property is surrounded by a diverse mix of retail, restaurants, professional services and residential neighborhoods, providing a strong customer base and steady daily activity. Its proximity to I-465 and US 31 provides efficient connectivity to downtown Indianapolis, the greater south side and surrounding communities. Greenwood is approximately 5 miles south, while Downtown Indianapolis is approximately 9 miles north, providing convenient access to both major employment centers and surrounding communities.7017-7019 Madison Avenue presents a versatile retail opportunity. Perfect for a grocery-ready space, with existing equipment and shelving staying. The property offers a clean, functional footprint well suited for tenant improvement, customer-facing operations, or long-term hold strategies. Its retail configuration supports efficient merchandising, operational flow, and branding opportunities. With straightforward accessibility, ample parking, and a new roof as of 2025, this property can be a variety of commercial uses. Other tenants in the center include, PPG Paints, China Garden and Mizo Choka Asian Restaurant.
Highlights
- 3,165 SF Retail space for lease
- Functional layout for a range of retail uses
- Grocery-ready space, with equipment and shelving staying
- High visibility, with pylon signage available
- New roof added in 2025
- Space is divisible
- Zoned C3
True
1 Space Available
7017 Madison Ave.
Space Type
Retail
Lease Rate
$15.00/SF/YR
Total Space
3,165 SF
Divisible Space
1,582 - 3,165 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
NNN charges estimated at $4/SF.
Contacts
Phil Cohn
Arnold Meyer Commercial Real Estate
Location
Located at 7015-7017 Madison Ave., Indianapolis, IN 46227, this property is part of the Southport neighborhood and Indianapolis market.
Contact Listing Broker
Phil Cohn
Arnold Meyer Commercial Real Estate