New Palestine, IN Commercial Real Estate for Lease and Sale

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

CRE Market FAQs

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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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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7299 U.S. 52

7299 U.S. 52, Schildmeier Park, New Palestine, IN
Property

Office

3,036 SF
For Sale

$834,900
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West Main Street & South 700 West

West Main Street & South 700 West, New Palestine, IN
Property

VacantLand
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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12045 E Washington Street

12045 E Washington Street, Cumberland, IN
Property

Retail

10,000,000 SF
For Sale

Subject To Offer
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11903 E Welland St

11903 E Welland St, Cumberland, Indianapolis, IN
Property

Office

8,268 SF
Year Built

1976
For Sale

$700,000
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11351 East Washington Street

11351 East Washington Street, Cumberland, Indianapolis, IN
Property

Retail

231,984 SF
Availability

1 Space

506 SF
Year Built

1995
For Lease Contact for pricing
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German Church Shops

10935 E. Washington Street, Creekside Woods, Indianapolis, IN
Property

Retail

500,000 SF
Availability

1 Space

5,834 SF
For Lease Contact for pricing
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Post Park East Building

8825-8989 Boehning Ln, Trinity Manor, Indianapolis, IN
Property

Industrial

46,617 SF
Availability

1 Space

3,085 SF
Year Built

1998
For Lease

$7.25/SF/YR
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6767 East Washington Street
Irvington Coworking
6767 East Washington Street, Indianapolis, IN
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Printer

Professional & social events

Refreshments

Snacks

TV/Monitor
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3039 North Post Road
P30
3039 North Post Road, Indianapolis, IN
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Printer

Privacy booths

Receptionist/Secretarial services

TV/Monitor
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Velocity 74- Building 1

9201 North Frontage Road, Fairland, IN
Property

Industrial

915,600 SF
Availability

1 Space

915,600 SF
For Lease Contact for pricing
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7100 S Carroll Rd

7100 S Carroll Rd, Bloomfield Lakes Estates, Indianapolis, IN
Property

Unassigned
For Sale Contact for pricing
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1944 North 600 West

1944 North 600 West, Heron Creek, Greenfield, IN
Property

VacantLand
For Sale

Subject To Offer
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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 New Palestine commercial real estate market incorporates 3,036 square feet of office space across 1 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 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.

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. But if we look at each commercial property type, we find that for office space, the best location is the Schildmeier Park area.

Meanwhile, retail space opportunities are most abundant in the Brookville Heights submarket.

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:

In New Palestine, the average size of an office property is 3,036 square feet.
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 104,977 square feet. Local retail availability includes 104,977 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Retail	2	104,977

New Palestine, IN Commercial Real Estate for Lease and Sale

Healthway Park Shoppes

US 52 & S. 600 W

7299 U.S. 52

West Main Street & South 700 West

Development Opportunity

12045 E Washington Street

11903 E Welland St

11351 East Washington Street

German Church Shops

Post Park East Building

6767 East Washington Street

3039 North Post Road

Velocity 74- Building 1

7100 S Carroll Rd

1944 North 600 West

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

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About us