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First-Floor Medical Office Suite
For Lease
$12,545/Mo

8360 S Emerson Avenue, Indianapolis, IN 46237

Commercial Lease, Indianapolis, IN

Space Size7,527 SF
Lot Size0.34 Acres
Days on Market74

Property Features for 8360 S Emerson Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning ZO02
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4907 - Marion - Perry
Standard status Active
APN 491521107026001500
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Ne1/4 S21 T14 R4 2244.87' S & 79.41' W Of Ne Cor P.O.B. N76.77' W196.82' S76.69' E192.51' To Beg .342 Ac
Legal Description Pt Ne1/4 S21 T14 R4 2244.87' S & 79.41' W Of Ne Cor P.O.B. N76.77' W196.82' S76.69' E192.51' To Beg .342 Ac

Utilities

Utilities Natural Gas Available

Building Details

Floors in Building 2
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Teresa Harwood · License #RB14039040
Added: Jun 24 Changed: Sep 1 Last Checked: Sep 5 at 12:06PM
MLS# 22110241

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.

This approximately 7,527-square-foot, first-floor medical office suite is arranged for patient care and administrative functions. The existing layout includes approximately 25 exam rooms, five nurses' stations, a reception area, private offices, a procedure room, and laboratory space. The second-generation configuration provides an established framework for medical, healthcare, specialty practice, or professional office operations.

The suite is located on South Emerson Avenue in Indianapolis, near Franciscan Health and within convenient reach of Greenwood. The surrounding area includes hospitals, specialty medical providers, pharmacies, restaurants, and retail amenities. Natural gas is available, and the property is identified under zoning designation ZO02.

Key Highlights

  • Approximately 7,527 SF of first‑floor medical office space
  • Approximately 25 exam rooms and 5 nurses' stations
  • Reception area, private offices, procedure room, and lab space

Property Analytics

Current Use

Veronica Smidt, MD Physician TrueBlaze, LLC Accounting Firm OB/GYN of Indiana - Indianapolis ... Physician Jamie Marie Boyce Physician Charles Foulke Hine Dental Office

Suggested Use

Top Pick HVAC Service Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,282
Businesses Nearby
Well-served
Demand for This Use

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

$18.92 /SF/Yr
Avg Asking Price
$16.98–$22.5 /SF/Yr
Price Range
10,554 SF
Avg Space Size

This space is priced 6% above the average of $18.92 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for clinical operations with exam rooms, treatment areas, staff stations, and administrative offices.
Where is this medical office space located?
The property is located at 8360 S Emerson Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $12,545/Mo.
What are key features of this property?
This property features: Approximately 7,527 SF of first‑floor medical office space; Approximately 25 exam rooms and 5 nurses' stations; Reception area, private offices, procedure room, and lab space
More about this property
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