463-223-4107
Spring Mill Road & 116th Street, Carmel, IN for Rent

Retail - For Rent
1/7
1,300-15,000 SF | 1 Space

NEW


Spring Mill Road & 116th Street
Carmel, IN 46032


HIGHLIGHTS

  • Spring Mill Shops at Jackson Grant Village is a new project comprising roughly seven retail/restaurant spaces, a daycare, and a community building.
  • Featuring a sophisticated suburban-modern design with a large parking lot, a pergola, open patio options, and a freestanding restaurant opportunity.
  • Supported by established anchors in the vicinity, including several medical centers/hospitals, offices, high-end apartments, and affluent suburbs.
  • High-traffic address at the corner of the 116th Street and Spring Mill Road roundabout, passed by over 30,000 vehicles per day.
  • Tap into a nation-leading trade area as the average annual household income of $175K within a 10-minute drive contributes to $1.1B in yearly spending.
  • Astounding growth predictions call for the population within a 3-mile radius to increase 18.22% by 2029, even after rising by 19% from 2020 to 2024.

OVERVIEW

Set up shop in one of the most exciting areas of the Indianapolis metro and explore the possibilities of these first-generation spaces presented by Spring Mill Shops. Spring Mill Shops at Jackson Grant Village is a new development bringing multiple buildings to the corner of the Spring Mill Road and 116th Street roundabout. The project is artfully designed to incorporate sleek, modern elements with a stylish suburban feel. There are opportunities for a standalone restaurant and street-facing storefront suites with features like sophisticated covered patios, outdoor seating, high-identity signage, and more. Whether users need to install a full commercial kitchen or have a boutique storefront, the wide range of size options can accommodate anyone. Tenants will also be joining a daycare and a community building to further activate the center. Mixed-use destinations surround Spring Mill Shops, highlighting the buzzing atmosphere of Carmel, Indiana. Jackson’s Grant subdivision, the Bridges of Carmel retail center, the new Steadman Apartments, IU Health North Hospital, Market District Supermarket, and several multi-story office buildings are all within a half-mile of the site, representing only a handful of the nearby hubs supporting co-traffic for Spring Mill Shops. Due to this proliferation of multifaceted hotspots, Carmel draws many of the region’s most affluent residents; in fact, there are about 1,300 households within a five-minute drive, and they report an average annual income of over $208,000. Demographic data indicates that the local population will continue its unprecedented growth in recent years, making this a perfectly timed opportunity to see business flourish in this powerhouse market.

RENTAL DETAILS

SPACE AVAILABLE

1,300-15,000 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

STATUS

Under Construction

AVAILABLE

Aug 06, 2025

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

15,000 SF

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

67.9312 AC

LAND SF

2,959,083 SF

ZONING

C

ASK ABOUT THIS PROPERTY

Keith FriedMcCrea Property Group, LLCMore Info
463-223-4107

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Keith FriedMcCrea Property Group, LLCMore Info
463-223-4107

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