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Flexible Office Suite
For Lease
$1,845/Mo NNN

5136 E Stop 11 Road, Indianapolis, IN 46237

Commercial Lease, Indianapolis, IN

Space Size1,300 SF
Lot Size5.00 Acres
Days on Market67

Property Features for 5136 E Stop 11 Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-1
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 I 65 South to Southport Road. Turn right on Emerson Ave, left on Stop 11. Professional Center is on left side.
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

kitchenette/break room
private ADA-compliant restroom
pylon sign space available

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: Jun 24 Changed: Aug 19 Last Checked: Aug 29 at 10:06AM
MLS# 22110030

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 1,300 SF office suite provides a versatile commercial layout with a substantial open area, one enclosed office, a kitchenette and break area, and a private ADA-compliant restroom. The arrangement supports collaborative work, training, administrative functions, or a tailored office plan without requiring a larger footprint.

The suite is located at 5136 E Stop 11 Road in Indianapolis, within a 1995-built commercial property on a 5-acre site. C-1 zoning applies, and the lease structure is NNN. Pylon sign space is available for tenant identification.

Key Highlights

  • 1,300 SF office suite
  • Open work area plus one private office
  • Kitchenette and break area included

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

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

This space is priced 50% below the average of $33.75 /SF/Yr.

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 - C-1-zoned suite combines an open work area with a private office, kitchenette, and ADA-compliant restroom.
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 $1,845/Mo.
What are key features of this property?
This property features: 1,300 SF office suite; Open work area plus one private office; Kitchenette and break area included
More about this property
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