New Palestine, IN Commercial Real Estate for Lease and Sale

Explore 15 listings of New Palestine commercial real estate to find the best space for your business.

Healthway Park Shoppes

S 600 W & US 52, Brookville Heights, New Palestine, IN
Property

Retail

12,600 SF
Availability

1 Space

12,600 SF
For Lease Contact for pricing
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Industrial Warehouses for Lease

259 South Carroll Road, Fox Cove, Indianapolis, IN
Property

Industrial

6,271 SF
Availability

3 Spaces

6,261 SF
For Lease

$20.00 - $27.00/SF/YR
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US 52 & S. 600 W

NEC of US HWY 52 and 600 W., Brookville Heights, New Palestine, IN
Property

Retail

7,000 SF
Availability

3 Spaces

92,377 SF
Year Built

2021
For Lease Contact for pricing
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Doe Creek Development

Main St. and 700 W., New Palestine, IN
Property

VacantLand

30 Acre
Availability

1 Space

30 Acre
For Lease Contact for pricing
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Doe Creek Development

Main St. and 700 W., New Palestine, IN
Property

VacantLand

30 Acre
For Sale Contact for pricing
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Development Opportunity

NEC US HWY 40 & Yorkshire Blvd, Cumberland, Indianapolis, IN
Property

Other
For Sale Contact for pricing
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9910-9994 East Washington Street

9910-9994 East Washington Street, Easton, Indianapolis, IN
Property

Retail

60,630 SF
Availability

2 Spaces

2,800 SF
Year Built

1978
For Lease Contact for pricing
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120 S Pennsylvania St

120 S Pennnsylvania St, Downtown Greenfield, Greenfield, IN
Property

Industrial

4,230 SF
Year Built

1971
For Sale

$825,000
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Buck Creek Commerce Center

Buck Creek Commerce Center - 3876 N 700 W, Hunters Chase, Greenfield, IN
Property

Industrial
Availability

1 Space

52,092 SF
Year Built

2022
For Lease Contact for pricing
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1240 N State St

1240 N State St, Candlelite, Greenfield, IN
Property

Retail

38,714 SF
Availability Contact for availability
Year Built

1988
For Lease Contact for pricing
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1213 N Arlington Ave

1213 N Arlington Ave, Arlington Heights, Indianapolis, IN
Property

Office

32,036 SF
Availability

1 Space

32,036 SF
Year Built

1971
For Lease

$16.50/SF/YR
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3701 Shadeland Ave.

3701 Shadeland Ave., Arlington Woods, Indianapolis, IN
Property

Retail

22,750 SF
Availability

1 Space

1,100 SF
Year Built

1960
For Lease Contact for pricing
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2402 N Shadeland Ave

2402 N Shadeland Ave, Arlington Woods, Indianapolis, IN
Property

Industrial

122,000 SF
Availability

1 Space

21,400 SF
Year Built

1965
For Lease

$6.55/SF/YR
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Shadeland Avenue

1739/1795 N Shadeland Avenue, Shadeland Manor, Indianapolis, IN
Property

VacantLand
For Sale

$320,000
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Modernized Freestanding Industrial Building

6500 E 30th St, Arlington Woods, Indianapolis, IN
Property

Industrial

28,300 SF
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.

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 New Palestine commercial real estate market includes 19,600 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.

The listing inventory in New Palestine 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 New Palestine is represented by Retail space, which accounts for 104,977 square feet of available listings. Industrial space available in New Palestine adds up to 6,261 square feet.

Meanwhile, most of the listings of commercial property for sale in New Palestine are in the Office 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 New Palestine, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in New Palestine is in the Brookville Heights neighborhood.

Meanwhile, retail space opportunities are most abundant in the Brookville Heights submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Fox Cove.

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 $30 per square foot.

The average size of a commercial property in New Palestine 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:

Retail properties here incorporate an average of 9,800 square feet.

New Palestine, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Palestine currently add up to 1,418,038 square feet. Local retail availability includes 104,977 square feet across 2 retail space(s). Industrial space for rent opportunities in New Palestine amount to 6,261 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	2	104,977
Industrial	1	6,261
Other	1	1,306,800

New Palestine, IN Commercial Real Estate for Lease and Sale

Healthway Park Shoppes

Industrial Warehouses for Lease

US 52 & S. 600 W

Doe Creek Development

Doe Creek Development

Development Opportunity

9910-9994 East Washington Street

120 S Pennsylvania St

Buck Creek Commerce Center

1240 N State St

1213 N Arlington Ave

3701 Shadeland Ave.

2402 N Shadeland Ave

Shadeland Avenue

Modernized Freestanding Industrial Building

Frequently Asked Questions

New Palestine, IN Currently Available Listings

Commercial Space for Lease Breakdown

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New Palestine, 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 New Palestine, IN?

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

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

New Palestine, IN Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us