5252 West 38th Street — Sale in Indianapolis, IN

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Indianapolis, IN 46254
  • Size: 33,000 SF

Investment Figures

Price per square foot
$54

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

5252 West 38th Street - Available for sale

Market Context

This retail in Indianapolis, IN is listed for sale at $1,780,125 across 33,000 SF ($54/SF). It has been on the market for 192 days. Compare it against other retail listings for sale in Indianapolis, IN — view the full market.

As of Q1 2026, the Indianapolis retail market showed an 8.0% vacancy rate, average asking rents near $5.00/SF/yr, and rents up 4.0% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Indianapolis retail market tightening or softening?
Vacancy is around 8.0%, with asking rents rising year over year (Q1 2026).

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