317-853-7500
N. Meridian St. And 161st St., Westfield, IN for Rent

$42.00 USD /SF/yr

Retail - For Rent
1/9
5,224 SF | 1 Space

Dec '26


N. Meridian St. And 161st St.
Westfield, IN


HIGHLIGHTS

  • Located at 161st & Union Blvd, adjacent to US-31
  • Will serve as the gateway to Downtown Westfield
  • Two 4-story mixed-use buildings + a 5,224 SF stand-alone restaurant building
  • 29,142 SF retail and 1,809 SF office available
  • 102 apartment units providing built-in customer base
  • Close proximity to Grand Park – a destination drawing over 2 million annual visitors

OVERVIEW

Introducing Lantern Pointe, Westfield’s next great dining and shopping destination. Perfectly situated at 161st Street and Union Blvd, just off US-31, this highly anticipated mixed-use development will serve as the gateway to Downtown Westfield and a vibrant new hub for local and regional visitors alike. Lantern Pointe will feature two four-story mixed-use buildings with upscale apartment residences above ground-floor restaurant and retail space, plus a stand-alone 5,224 SF restaurant building that offers exceptional visibility and access. With 29,142 SF of prime retail and 1,809 SF of boutique office space available for lease, this project is designed to become the go-to gathering place for Westfield’s rapidly growing community. Lantern Pointe blends modern design, pedestrian-friendly streetscapes, and outdoor gathering areas to create an inviting, energetic environment for restaurants, cafés, boutiques, and specialty retailers. The 102 luxury apartments above the retail level provide built-in clientele, while its proximity to Grand Park—a destination drawing over 2 million visitors annually—ensures strong, year-round traffic.

RENTAL DETAILS

SPACE AVAILABLE

5,224 SF

# OF SPACES

1

RENT/MONTH

$18,284 USD /mo

RENT RATE (MO)

$3.50 USD /SF/mo

RENT RATE (YR)

$42.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

STATUS

Proposed

AVAILABLE

Dec 31, 2026

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

30,951 SF

YEAR BUILT

-

PARKING SPACES

217

LAND DETAILS

LAND ACRES

56.82 AC

LAND SF

2,475,079 SF

ZONING

PUD

ASK ABOUT THIS PROPERTY

Kristen KrausALO Property GroupMore Info
317-853-7500

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Kristen KrausALO Property GroupMore Info
317-853-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.