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530 Massachusetts Ave
Indianapolis, IN 46204 Chatham Arch

Rate Upon Request

Apartments For Lease  •  2,853+ SF

Property Details

  • Property Type Apartments
  • Year Built 2019
  • Total Building Size 185,000 SF
  • Building Class A
61 Transit Score
97 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100 Retail 6,702 SF Rate Upon Request
Prime end-cap space available in new development on Mass Ave

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
1st Floor Ste 170 Retail 2,853 SF Rate Upon Request
Prime in-line space available in new development on Mass Ave

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet

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.

+ 39,000 square feet of retail on the first floor
+ Mix of brick, stone and metal paneling along Mass Ave.
+ 236 apartment units
+ Signature architecture 
+ 20’ clear ceiling heights allowing for mezzanines
+ Rear covered delivery
+ 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well

Highlights

Located in the heart of Mass. Avenue
Outdoor patio capability
Parking reserved for retail

Property Flyers

Amenities

  • 24 Hour Access
  • Fitness Center
  • Pool
  • Storage Space
  • Washer/Dryer
  • Heating
  • Grill
  • Granite Countertops
  • Refrigerator
  • Range
  • Conference Rooms
  • Lounge

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 3 min - 1.5 mi
AirportDriveWalkDistance
Indianapolis International 27 min - 14.6 mi
Beth Patterson 317-663-6558 Bradley Company
Beth Patterson 317-663-6558 Bradley Company