Private Office
For Lease
$350/Mo
5170 Commerce Circle, Indianapolis, IN 46237
Commercial Lease, Indianapolis, IN
Space Size160 SF
Lot Size2.19 Acres
Days on Market74
Property Features for 5170 Commerce Circle
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CS
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Subdivision
4906 - Marion - Franklin
Standard status
Active
APN
491515107019000300
Lot size
2.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt W1/2 Sw1/4 S15 T14 R4 Beg 1889.7Ft N 74.25Ft E& 5.12Ft S Of Sw Cor E 144.59Ft Se 429.83Ft Sw137ft Nw 388.21Ft Nwrly 254.76Ft To Beg 2.19Ac
Legal Description
Pt W1/2 Sw1/4 S15 T14 R4 Beg 1889.7Ft N 74.25Ft E& 5.12Ft S Of Sw Cor E 144.59Ft Se 429.83Ft Sw137ft Nw 388.21Ft Nwrly 254.76Ft To Beg 2.19Ac
Amenities
shared waiting area
shared restrooms
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Teresa Harwood · License #RB14039040
(317) 883-7010
Added: Jun 24
Changed: Sep 1
Last Checked: Sep 5 at 2:06PM
MLS# 22110243
Copyright © 2026 Broker Listing Cooperative®. 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.
A private 160 SF office suite is available within a professional office building on Indianapolis’ south side. The space is offered under a gross lease structure, with electric, water, heating, cooling, and other utilities included. Shared waiting space and restrooms support day-to-day office operations, while onsite parking adds convenience for occupants and visitors.
The property is located at 5170 Commerce Circle in Indianapolis, with access to I-65 and I-465. The surrounding commercial area includes medical, professional, retail, and service businesses. The suite is available August 1, 2026, and the property carries CS zoning.
The property is located at 5170 Commerce Circle in Indianapolis, with access to I-65 and I-465. The surrounding commercial area includes medical, professional, retail, and service businesses. The suite is available August 1, 2026, and the property carries CS zoning.
Key Highlights
- Private 160 SF office suite
- Gross lease includes electric, water, heating, cooling, and other utilities
- Shared waiting area and restrooms
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Explore this area
Business Placement
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
$28.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,953 SF
Avg Space Size
This space is priced 9% below the average of $28.72 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional workspace with shared reception amenities, restrooms, onsite parking, and access to major interstates.
Where is this office units located?
The property is located at 5170 Commerce Circle Indianapolis, IN.
What is the lease rate?
The lease rate is $350/Mo.
What are key features of this property?
This property features: Private 160 SF office suite; Gross lease includes electric, water, heating, cooling, and other utilities; Shared waiting area and restrooms
