Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Available Office Space in Fishers Title is generated by Realmo AI

    11907-11985 Exit 5 Pkwy, Fishers, IN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    10,000 SF office space with ample parking and highway access.

    Type:OFFICE
    Property size:
    10,000 SF
    Lot size:
    7.91 Acres
    Added:
    Jul 28, 2025
    Days on Market:
    295
    Last Refresh:
    Apr 5 at 9:37 pm

    Property Features for 11907-11985 Exit 5 Pkwy

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    7.91 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 11907-11985 Exit 5 Pkwy Contact us

    We can help!

    Listing Contact
    Zane Brown
    Zane Brown

    Listing agent Zane Brown License #INRB14047238

    Listing office CBRE | Indianapolis

    Listing date Jul 28, 2025

    Source Moodyscre

    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 CBRE | Indianapolis

    HighLights

    • 10,000 SF Available
    • 250 Surface parking spaces
    • Easy access to I‑69 and US 37
    • Lease Rate: $15.00/SF net of janitorial & utilities
    • Lease Expiration: 5/31/2028

    Overview

    This property offers 10,000 square feet of available office space. It features 250 surface parking spaces. The location provides easy access to I-69 and US 37. The current lease is set to expire on May 31, 2028. The lease rate is $15.00 per square foot, net of janitorial services and utilities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9985
    Latitude
    39.9631

    Nearby Similar for Lease

    • $750/Mo
      4,200 SF

      Modern Office Space in Fishers

      Flexible office spaces for rent in a prime Fishers location.
      13589 E 126th Street, Fishers, IN 46037
      View Details
    • $25 SF/Yr
      5,723 SF

      Premium Commercial Space in Fishers

      New commercial space for office, medical, or retail use.
      10978 Allisonville Road, Fishers, IN 46038
      View Details
    • Sponsored
      $129-$5,176/Mo
      11-1,292 SF

      Fishers

      10475 Crosspoint Blvd, Unit 250, Fishers, IN 46256
      View Details
    • $26 SF/Yr
      2,300 SF

      Medical Office Space Available

      Medical office spaces for lease in Fishers, Indiana.
      10967 Allisonville Rd, Fishers, IN
      View Details
    • $26 SF/Yr
      2,750 SF

      Remodeled Office/Medical Space For Lease

      Newly remodeled office/medical space near Downtown Fishers and Nickel Plate Trail.
      8939 Technology Way, Fishers, IN
      View Details
    • $23 SF/Yr
      2,913 SF

      Office Space in Fishers

      Available office space for rent in Fishers, Indiana.
      11501 Cumberland Rd, Fishers, IN
      View Details
    • Contact for pricing
      60,000 SF

      Office Space in Fishers

      60000 sqft office space available for rent.
      9713 District North Dr, Fishers, IN 46037
      View Details
    • $16 SF/Yr
      1,925 SF

      Historic Eller House Office Space

      Unique office space in a preserved historic building.
      7050 E 116th St, Fishers, IN
      View Details
    • Contact for pricing
      3,412 SF

      Modern Office Space in Fishers

      High-end office space with walkable amenities and strong access.
      11 Municipal Dr, Fishers, IN
      View Details
    • $24 SF/Yr

      Fishers Office Space For Rent

      Office spaces for rent in desirable Fishers location.
      10100 & 10150 Lantern Rd, Fishers, IN 46037
      View Details
    • $20 SF/Yr
      1,832 SF

      Single-Story Office Space Available

      Single-story office space with efficient layout in Fishers, Indiana.
      9084 Technology Dr, Fishers, IN
      View Details
    • $4,665/Mo
      900 SF

      Spacious Gym Facility with Mezzanine

      Open layout gym with mezzanine, bathrooms, and small kitchen.
      12574 Promise Creek Ln Ste 108, Fishers, IN, 46038-7713
      View Details

    FAQs

    What type of property is this?
    Office units - 10,000 SF office space with ample parking and highway access.
    Where is this office units located?
    The property is located at 11907-11985 Exit 5 Pkwy Fishers, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF Available; 250 Surface parking spaces; Easy access to I‑69 and US 37
    (317) 269-1116 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Zane Brown
    Zane Brown
    Real Estate License ID: INRB14047238
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11907-11985 Exit 5 Pkwy, Fishers, IN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!