Listed by Bradley Company Indianapolis
$1 - $36/SF/YR
Penrose on Mass Project
Building Details
Property Type Retail, Restaurant
Sub Type Commercial, Retail - Strip Center
Tenancy Multiple
Lease Type NNN
Total Building SqFt 39,000
Min Divisible SqFt 2,853
Max Contiguous SqFt 4,773
Vacant SqFt 7,626
Total Parking Spaces 373
Spaces
Multiple suites available
Building description
The new Penrose on Mass project offers retailers and restaurants, looking to expand in downtown Indianapolis, a unique opportunity that they rarely find in an urban setting: new, contemporary construction; plenty of on-site parking and a strong residential component all in a commercial-friendly environment. The $50-million, mixed-use Penrose on Mass project in downtown Indianapolis includes 4-stories of apartments (236 units) and 39,000 square feet of retail being jointly developed by John Hart of JC Hart and Strongbox, lead by Paul Kite.
Building highlights
- 39,000 square feet of retail on the first floor
- Located in the heart of Mass. Avenue
- Mix of brick, stone and metal paneling along Mass Ave.
- 236 apartment units
- Signature architecture
- 20’ clear ceiling heights allowing for mezzanines
- Outdoor patio capability
- Rear covered delivery
- 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well
Listing Contacts
Listed by Bradley Company Indianapolis
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