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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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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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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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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Introducing Air 70 Logistics Park - Building 1

4212 Owens Farm Court, Pleasant Acres, Greenfield, IN
Property

Industrial

800,680 SF
Year Built

2022
For Sale Contact for pricing
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State Street Centre

1261-1295 N. State Street, Sherwood Hills, Greenfield, IN
Property

Retail

12,328 SF
Year Built

2007
For Sale

$1,600,000
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Franklin Corners

6120 E Thompson Rd, Churchman Estates, Indianapolis, IN
Property

Retail
Availability

1 Space

1,200 SF
Year Built

2008
For Lease Contact for pricing
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9015 Pendleton Pike

9015 Pendleton Pike, South Harrison Park, Indianapolis, IN
Property

VacantLand
Availability

1 Space

66,211 SF
For Lease Contact for pricing
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16th Street Commercial Park - 1645 Industry Dr

1645 Industry Dr, Windsor Village, Indianapolis, IN
Property

Industrial
Availability

1 Space

25,380 SF
For Lease Contact for pricing
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8800 E 21st Street

8800 E 21st Street, Trinity Manor, Indianapolis, IN
Property

VacantLand
For Sale

$175,000
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Velocity 70 Trade Center

3248 North Distribution Way, Mount Comfort, Greenfield, IN
Property

Industrial
Availability

1 Space

219,520 SF
For Lease Contact for pricing
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2505 South Arlington Avenue

2505 South Arlington Avenue, Addison Meadows, Indianapolis, IN
Property

VacantLand
For Sale Contact Broker
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Southeastern & Franklin

8250 Southeastern Avenue, Adler Grove, Indianapolis, IN
Property

VacantLand
For Sale

$195,800,000
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865 N German Church Rd

865 N German Church Rd, Cumberland, Indianapolis, IN
Property

VacantLand
For Sale

$229,000
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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

US 52 & S. 600 W

Industrial Warehouses for Lease

Doe Creek Development

Doe Creek Development

Introducing Air 70 Logistics Park - Building 1

State Street Centre

Franklin Corners

9015 Pendleton Pike

16th Street Commercial Park - 1645 Industry Dr

8800 E 21st Street

Velocity 70 Trade Center

2505 South Arlington Avenue

Southeastern & Franklin

865 N German Church Rd

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