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Retail/Office Space For Lease
For Lease
$13 SF/Yr

3901 S East St, Indianapolis, IN 46227

Retail or office spaces available for lease in high-traffic area.

Space SizeContact for details
Lot Size1.20 Acres
Days on Market956

Property Features for 3901 S East St

General Information

Standard status Active
Lot size 1.20 Acres
Listing Agency: Sullivan Realty Group, LLC
Listed By: Joseph Sullivan · License #RB14031738
Source: Exprealty
Added: Jan 8, 2024 Changed: Aug 16 Last Checked: Aug 15 at 6:17AM

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 Sullivan Realty Group, LLC

Investment Insights

Based on property information with market context.

Retail or office space is available for lease on S. East St. The building is zoned C5 and located in a high-traffic area. The space includes conference rooms, reception areas, restrooms, and private entrances. It can be divided into spaces as small as 2200 square feet, suitable for medical offices, title companies, law offices, or retail businesses. There is also a basement storage area with a dedicated entrance available for lease. The available spaces are C, D, E, and the basement.

Key Highlights

  • High traffic location on S. East St.
  • Flexible space: Can be divided into spaces as small as 2200 sq ft.
  • Zoned C5, suitable for retail, medical, title, or law offices.

Property Analytics

Current Use

Enterprise Rent-A-Car Car Rental Facility Northwest Insurance Network Insurance Agency Total by Verizon Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy HVAC Service Hotel & Motel Garden Center

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$25.5 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
7,538 SF
Avg Space Size

This space is priced 49% below the average of $25.5 /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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Frequently Asked Questions

What type of property is this?
Office units - Retail or office spaces available for lease in high-traffic area.
Where is this office units located?
The property is located at 3901 S East St Indianapolis, IN.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: High traffic location on S. East St.; Flexible space: Can be divided into spaces as small as 2200 sq ft.; Zoned C5, suitable for retail, medical, title, or law offices.
More about this property
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