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Office Suite With Private Offices
For Lease
$3,250/Mo CAM $4.42 /USD/SF/YR

5150 E Stop 11 Road, Indianapolis, IN 46237

Commercial Lease, Indianapolis, IN

Space Size2,300 SF
Lot Size5.00 Acres
Days on Market68

Property Features for 5150 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 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 space

Building Details

Floors in Building 1
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Jun 23 Changed: Aug 19 Last Checked: Aug 29 at 11:06AM
MLS# 22109690

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 2,300 SF office suite at 5150 E Stop 11 Road provides a structured layout for professional operations. The interior includes a reception area, eight private offices, a separate conference room, and one private restroom. The configuration is identified as suitable for medical, legal, financial, consulting, and general office users.

The property is situated on a 5-acre site in Indianapolis, Indiana, and carries C-1 zoning. Lease terms include an NNN structure, with space available on a pylon sign. The combination of enclosed offices, meeting space, and a dedicated reception area creates a practical setup for organizations seeking a defined office environment.

Key Highlights

  • 2,300 SF office suite with eight private offices
  • Reception area, dedicated conference room, and one private restroom
  • C‑1 zoning supports the stated office‑oriented use profile

Property Analytics

Current Use

South Indy Family ... Dental Office Silver Moon Hair ... Hair Salon Allegiance Home Health ... Home Health Care Service Aat Spa Alternative Medicine Practice Dr. Christina Kephart Physician

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 workspace includes reception, conference, and restroom areas.
Where is this office units located?
The property is located at 5150 E Stop 11 Road Indianapolis, IN.
What is the lease rate?
The lease rate is $3,250/Mo.
What are key features of this property?
This property features: 2,300 SF office suite with eight private offices; Reception area, dedicated conference room, and one private restroom; C‑1 zoning supports the stated office‑oriented use profile
More about this property
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