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Multi-Office Professional Suite
For Lease
$1,900/Mo

1109 N Shadeland Avenue, Indianapolis, IN 46219

A conference room, kitchen, and private offices support a range of professional office operations.

Space SizeContact for details
Property Size1,660 SF
Days on Market22

Property Features for 1109 N Shadeland Avenue

General Information

Standard status Active
Size 1,660 SF
Total Parking Spaces 5
Property subtype Office

Space & Availability

Space Use Office
Meeting Rooms 1

Site & Location

Neighborhood East Gate
Highway Access Yes
Road Access Yes

Building Details

Building Size 1,660 SF
Year Built 1942
Listing Agency: Carpenter, REALTORS
Listed By: Robert Lane · License #AB21005206
Source: Estansiongroup
Added: Oct 6 Changed: Oct 26 Last Checked: Oct 26 at 3:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carpenter, REALTORS

Rey
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Investment Insights

Based on property information with market context.

This 1,660-square-foot office property, built in 1942, includes multiple offices, a conference room, a kitchen, and one bathroom. Furniture may be included with a lease or purchase. Five off-street parking spaces serve the property.

The office is on Shadeland Avenue, with access to I-465 and I-70.

Key Highlights

  • 1,660 square feet with multiple office spaces
  • Conference room, kitchen, and one bathroom
  • Five off‑street parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Electrical Service 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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.06 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$22.47 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,799 SF
Avg Space Size

This space is priced 39% below the average of $22.47 /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

Frequently Asked Questions

What type of property is this?
Office unit - A conference room, kitchen, and private offices support a range of professional office operations.
Where is this office unit located?
The property is located at 1109 N Shadeland Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,660 square feet with multiple office spaces; Conference room, kitchen, and one bathroom; Five off‑street parking spaces
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