Westfield, IN Commercial Real Estate for Lease and Sale

Explore 18 listings of Westfield commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

0 East State Road 38

0 East State Road 38, Morgan Woods, Westfield, IN
Property

VacantLand
For Sale

$5,175,000
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Retail Space For Lease

1379 Chatham Commons Blvd , North Bokeelia, Westfield, IN
Property

Retail

4,500 SF
Availability

1 Space

12,121 SF
For Lease Contact for pricing
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17339-17370 Farmers Bank Way

17339-17370 Farmers Bank Way, Maples At Springmill, Westfield, IN
Property

VacantLand
For Sale

Subject To Offer
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Westfield, IN Warehouse for Rent - #1073 | 1,000-196,000 sqft

910 East 169th St. Westfield, Ridgewood, Westfield, IN
Property

Industrial

196,000 SF
Availability

1 Space

196,000 SF
For Lease

$1.50/SF/MO
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Lantern Commons - Approved PUD

N. Meridian St. and 161st St., Woodside Estates, Westfield, IN
Property

VacantLand
For Sale

Subject To Offer
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225 West Spring Mill Pointe Drive

225 West Spring Mill Pointe Drive, Maples At Springmill, Westfield, IN
Property

Retail

159,264 SF
Availability

1 Space

946 SF
Year Built

2020
For Lease Contact for pricing
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NorthPoint Industrial Park - Building 2

20220 Fenside Xing, Morgan Woods, Westfield, IN
Property

Industrial

169,544 SF
Availability

1 Space

168,000 SF
Year Built

2023
For Lease Contact for pricing
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16616 Southpark Dr

16616 Southpark Dr, Ridgewood, Westfield, IN
Property

Industrial

33,000 SF
Year Built

2004
For Sale

$3,250,000
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Wood Wind Golf Club

2302 W 161st St, Harmony, Westfield, IN
Property

Other
For Sale Contact for pricing
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East 196th Street

East 196th Street, Style - Rite Meadows, Westfield, IN
Property

VacantLand
For Sale

$4,271,400
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571 W 161st St

571 West 161st Street, Crosswind Commons, Westfield, IN
Property

Unassigned
For Sale

$600,000
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SR-32 and Austrian Pine Way

SR-32 and Austrian Pine Way, Pine Ridge, Westfield, IN
Property

VacantLand

97,138.8 SF
Availability

1 Space

97,138.8 SF
For Lease Contact for pricing
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SR-32 & Austrian Pine Way-Lot 5

SR-32 & Austrian Pine Way, Pine Ridge, Westfield, IN
Property

VacantLand

97,138.8 SF
For Sale Contact for pricing
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Carey Shoppes

3249 E State Road 32, Carey Commons, Westfield, IN
Property

Retail

13,200 SF
Availability

1 Space

3,452 SF
Year Built

2007
For Lease Contact for pricing
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1390 W 146th Street

1390 W 146th Street, Centennial South, Westfield, IN
Property

Office

23,000 SF
Availability

1 Space

23,000 SF
For Lease Contact for pricing
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16156 Spring Mill Rd

16156 Spring Mill Rd, Spring Mill Estates, Westfield, IN
Property

Office

36,000 SF
Availability

2 Spaces

1,142 SF
Year Built

2020
For Lease

$21.84 - $22.20/SF/YR
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NorthPoint Industrial Park - Building 3

SEC East Street & Grassy Bach Road, Morgan Woods, Westfield, IN
Property

Industrial

55,000 SF
Availability

1 Space

55,000 SF
For Lease Contact for pricing
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947 W. State Road 32

947 W. State Road 32, Maple Village, Westfield, IN
Property

Unassigned
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Westfield commercial real estate market incorporates 59,000 square feet of office space across 2 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Westfield commercial real estate market includes 176,964 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Westfield market, there is a total of 453,544 square feet of industrial property.

The listing inventory in Westfield incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Westfield is represented by Industrial space, which accounts for 419,000 square feet of available listings. Office space available in Westfield adds up to 24,142 square feet.

Meanwhile, most of the listings of commercial property for sale in Westfield are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Westfield, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Westfield is in the Spring Mill Estates neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Spring Mill Estates area.

Meanwhile, retail space opportunities are most abundant in the Carey Commons submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Morgan Woods.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22.2 per square foot.

The average size of a commercial property in Westfield depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Westfield, the average size of an office property is 29,500 square feet.
Retail properties here incorporate an average of 58,988 square feet.
Industrial space in Westfield is in buildings that are, on average 113,386 square feet in size.

Westfield, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Westfield currently add up to 556,800 square feet. The market offers 2 active office listing(s), which amount to 24,142 square feet and account for 22% of commercial spaces on the market. Local retail availability includes 16,519 square feet across 3 retail space(s). Industrial space for rent opportunities in Westfield amount to 419,000 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	24,142
Retail	3	16,519
Industrial	3	419,000
Other	1	97,139

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Westfield, IN. Currently, there is 33,000 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	33,000

Westfield, IN Commercial Real Estate for Lease and Sale

0 East State Road 38

Retail Space For Lease

17339-17370 Farmers Bank Way

Westfield, IN Warehouse for Rent - #1073 | 1,000-196,000 sqft

Lantern Commons - Approved PUD

225 West Spring Mill Pointe Drive

NorthPoint Industrial Park - Building 2

16616 Southpark Dr

Wood Wind Golf Club

East 196th Street

571 W 161st St

SR-32 and Austrian Pine Way

SR-32 & Austrian Pine Way-Lot 5

Carey Shoppes

1390 W 146th Street

16156 Spring Mill Rd

NorthPoint Industrial Park - Building 3

947 W. State Road 32

Frequently Asked Questions

Westfield, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Westfield, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Westfield, IN?

What factors affect the price of commercial real estate in Westfield, IN?

What are the best areas for commercial real estate in Westfield, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Westfield, IN?

Westfield, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Coworking Searches

Popular Office Searches

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About us