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Lawrence Village Flex Space
For Lease
$18 SF/Yr

9130 Otis Ave, Indianapolis, IN 46216

Multi-tenant industrial/office/flex space in Lawrence Village at Fort Harrison.

Space SizeContact for details
Lot Size1.14 Acres
Days on Market738

Property Features for 9130 Otis Ave

General Information

Standard status Active
Lot size 1.14 Acres
Listing Agency: Keller Williams Indy Metro NE
Listed By: Robert Sorrell · License #RB14042253
Source: Exprealty
Added: Aug 22, 2024 Changed: Aug 20 Last Checked: Aug 26 at 11:45AM

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 Keller Williams Indy Metro NE

Investment Insights

Based on property information with market context.

Located in Lawrence Village at Fort Harrison, 9130 Otis Avenue offers approximately 16,840 square feet of multi-tenant industrial, office, and flex space. The property is situated just 2 miles from I-465, providing convenient access to I-69, I-74, I-70, and I-65. A total of approximately 13,848 square feet of available space can be utilized by a single tenant or leased to multiple tenants, depending on their needs. This renovated multi-use complex sits on over an acre of developed land with ample common parking. The property has a history, having served as a horse stable and army barracks. The surrounding developed community offers a variety of dining choices within walking distance, and Fort Harrison State Park is less than a mile away. The property is suitable for a wide variety of clientele in need of well-maintained, quality office, industrial, or flex space. Suites range from $18/SF/YR to $20.00/SF/YR on a Gross Lease basis.

Key Highlights

  • Convenient location: 2 miles from I‑465 with easy access to I‑69, I‑74, I‑70, and I‑65.
  • ~13,848 SF of flexible space available for single or multiple tenants.
  • Professionally managed, well‑maintained office/industrial/flex space.

Property Analytics

Current Use

Embroidery! Sew Into ... Marketing & Advertising Cole Fitness Gym & Fitness Center Level365 Telecommunications Service Megan Skelding Physician PhaseForward Crisis Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store HVAC Service

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46216, IN

2,343
Population
1,509
Households
1.6
Avg Household Size
47
Median Age
52%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
756
Density / Sq Mi
$56,838
Median Household Income
$44,399
Median Earnings
$1,282
Median Rent
$253,800
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$23.17 /SF/Yr
Avg Asking Price
$12–$95.52 /SF/Yr
Price Range
14,704 SF
Avg Space Size

This space is priced 22% below the average of $23.17 /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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Similar Off Market Nearby

  • MOO & LOU FROZEN TREATS 5645 N Post Rd Ste. B, Indianapolis, IN 46216
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant industrial/office/flex space in Lawrence Village at Fort Harrison.
Where is this flex space located?
The property is located at 9130 Otis Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Convenient location: 2 miles from I‑465 with easy access to I‑69, I‑74, I‑70, and I‑65.; ~13,848 SF of flexible space available for single or multiple tenants.; Professionally managed, well‑maintained office/industrial/flex space.
More about this property
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