For investors seeking commercial real estate opportunities in Hendricks County, Indiana, Avon has quickly become a market to watch. Located just west of Indianapolis, Avon combines strong population growth, strategic infrastructure, and a business-friendly environment, making it an attractive choice for office, retail, and industrial investments.
Population Growth: Driving Commercial Demand
As of 2025, Avon’s population has reached approximately 25,928 residents, reflecting a steady annual growth rate of 3.39%. This demographic expansion drives increased demand for commercial services, translating to higher occupancy rates and rental income potential for investors. World Population Review
Office Market: Opportunities for Investors
Avon’s office market is diverse, including professional suites, medical offices, and corporate spaces. Tenants range from small businesses to established service providers, creating a balanced and resilient market. Prime office locations along US Highway 36, Ronald Reagan Parkway, and near major intersections offer high visibility and accessibility. Moderate vacancy rates make it easier for investors to secure tenants quickly, while the city’s continued growth ensures long-term demand.
Retail Market: Meeting Community Needs
Retail real estate in Avon benefits from the city’s expanding population and high-traffic areas such as Avon Town Center. These destinations attract both local residents and visitors, generating consistent foot traffic that supports retailers and increases property values. Mixed-use developments that combine shopping, dining, and entertainment are becoming increasingly popular. These properties offer higher tenant retention, consistent rental income, and strong long-term investment potential.
Industrial Market: Logistics and Manufacturing
Avon’s strategic location near Interstate 74, I-465, and Indianapolis makes it an ideal hub for industrial real estate, including warehousing, light manufacturing, and logistics operations. Industrial properties appeal to investors due to long-term leases, predictable income streams, and growing demand from e-commerce and logistics businesses, making this sector a stable and high-demand investment
Infrastructure and Strategic Planning
Avon’s commercial success is supported by thoughtful city planning. Zoning regulations, permitting processes, and infrastructure investments ensure that commercial projects align with long-term community goals while enhancing property value. Mixed-use corridors integrating office, retail, and service-oriented businesses create vibrant districts that attract tenants and customers alike. For investors, this translates into reduced risk and increased long-term returns.
Financial Advantages
Avon offers a business-friendly environment with competitive property taxes and moderate operating costs. Investments in infrastructure, parks, and public amenities further enhance the appeal of commercial properties, supporting sustainable growth and boosting long-term investment value.
Key Takeaways for Investors
- Steady population growth drives demand for office, retail, and industrial spaces.
- Office properties offer stable income with moderate vacancy rates.
- Retail thrives in high-traffic, mixed-use areas with strong tenant potential.
- Industrial properties support logistics and manufacturing with regional access.
- Strategic city planning ensures sustainable growth and long-term property value.
Avon’s commercial real estate market combines population growth, strategic location, and smart planning to create compelling opportunities for investors. Whether exploring office, retail, or industrial properties, the city offers a balanced, growing, and investor-friendly market.
For personalized insights and assistance in navigating Avon’s commercial real estate landscape, connect with Annie.
