Wednesday, July 29, 2026
Family Office Briefing on research byLee & Associates·May 1, 2026

2026 Q1 Indianapolis, IN - Retail

Indianapolis retail market shows signs of uneven demand in Q1 2026 — family offices should consider co-GP opportunities with disciplined operators.

RetailIndianapolisIndiana2026

Key Metrics

MetricValue
Vacancy Rate3.20%
Net Absorption-14,817SF
Average NNN Asking Rate19.72$/SF
Sale Price169.68$/SF
Cap Rate8.01%
Under Construction703,718SF
Inventory130,983,941SF

Metrics extracted from the source report and independently fact-checked. Method →

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