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Office Suite with Coworking Area
For Lease
$925/Mo per office NNN

5136 E Stop 11 Road, Indianapolis, IN 46237

Commercial Lease, Indianapolis, IN

Space Size650 SF
Lot Size5.00 Acres
Days on Market220

Property Features for 5136 E Stop 11 Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning C1
Middle school Franklin Central Junior High
Elementary school district Franklin Township Com Sch Corp
Middle school district Franklin Township Com Sch Corp
High school district Franklin Township Com Sch Corp
Directions GPS Friendly
Subdivision 4906 - Marion - Franklin
Standard status Active
APN 491515107041000300
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Sw1/4 S15 T14 R4 Beg 346.5Ft E Of Sw Corn 628.32Ft E 346.5Ft S 626.32Ft W 346.5Ft Tobeg. 5Ac
Legal Description Pt Sw1/4 S15 T14 R4 Beg 346.5Ft E Of Sw Corn 628.32Ft E 346.5Ft S 626.32Ft W 346.5Ft Tobeg. 5Ac

Amenities

pylon sign

Building Details

Year built 1995
Floors in Building 1
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Jan 21 Changed: Aug 19 Last Checked: Aug 29 at 11:06AM
MLS# 22081150

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 650-square-foot office suite combines one enclosed private office with a larger open coworking area and a private restroom. The property was built in 1995 and offers access to more than 100 shared parking spaces, along with pylon signage.

The five-acre property is zoned C1. Water, sewer, and trash service are included, while the lease is structured as NNN. The suite provides a defined private workspace alongside an open shared setting within a larger commercial property.

Key Highlights

  • 650 SF office suite with 1 private office, open coworking area, and 1 private restroom
  • More than 100 shared parking spaces available
  • Pylon sign available for the property

Property Analytics

Current Use

Davis Gina C Registered General Nurse

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,412
Businesses Nearby

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$33.75 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
7,361 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private office, shared workspace, restroom, and pylon signage are included.
Where is this office units located?
The property is located at 5136 E Stop 11 Road Indianapolis, IN.
What is the lease rate?
The lease rate is $925/Mo per office.
What are key features of this property?
This property features: 650 SF office suite with 1 private office, open coworking area, and 1 private restroom; More than 100 shared parking spaces available; Pylon sign available for the property
More about this property
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