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5214-5226 S East St., Indianapolis, IN 46227

Move-in ready office complex in a prime, park-like setting.

Property Size41,104 SF
Price / SF$0.00
Days on Market190

Property Features for 5214-5226 S East St.

General Information

Standard status Active
Size 41,104 SF
Property subtype Office

Building Details

Year Built 1978
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Tcnworldwide
Added: Jan 27 Changed: Jul 10 Last Checked: Aug 4 at 5:07AM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This professional office space, totaling 41,104 square feet, is comprised of Buildings A, B, C, D, and E. The complex offers variety and flexibility in a single location. The garden-style offices are set in a park-like environment with convenient parking and easy access for customers, clients, and employees. Each suite features abundant windows, flexible floor plans, and opportunities for customized build-out. Located off of US 31 and just south of I-465, on the south side of Indianapolis, the property is only six miles from Downtown Indianapolis. The location is in the fastest-growing suburb in the MSA.

Key Highlights

  • Special 1st year lease rates.
  • Prime location off US 31, near I‑465, and only 6 miles to Downtown Indianapolis.
  • Move‑in ready office space.

Property Analytics

Current Use

Park 31 South Business Service Center

Suggested Use

Top Pick Auto Parts Store HVAC Service Gym & Fitness Center Bakery Garden Center Daycare 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.

Location Intelligence

Trade Area within ½ mile

634
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

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?
Office building - Move-in ready office complex in a prime, park-like setting.
Where is this office building located?
The property is located at 5214-5226 S East St. Indianapolis, IN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Special 1st year lease rates.; Prime location off US 31, near I‑465, and only 6 miles to Downtown Indianapolis.; Move‑in ready office space.
More about this property
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