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    5151 Exploration Drive Indianapolis, IN 46241

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    40,144 SF office/training facility with flexible space for rent.

    Type:Office
    Property size:
    40,144 SF
    Added:
    Jan 27, 2026
    Days on Market:
    92
    Last Refresh:
    Feb 27 at 12:22 am

    Property Features for 5151 Exploration Drive

    General Information

    Standard status
    Active
    Size
    40,144 SF
    Property subtype
    Office

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    Listing Contact
    Thomas James Lampshire
    Thomas James Lampshire

    Listing agent Thomas James Lampshire License #INRB14047238

    Listing office CBRE | Indianapolis

    Listing date Jan 27, 2026

    Source Cbre

    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


    Overview

    Modern Flex Space Near Airport

    This 40,144 square foot office and training facility offers a versatile space suitable for various business needs. Constructed in 2015, the building features a large open work area and training area, multiple classrooms with seating for up to 424, and over 24 private offices. A spacious lobby and reception area provide a welcoming entrance, complemented by modern finishes. The property includes a locker room and changing room, along with a large cafeteria that can accommodate up to 96 seats. The available 4,802 square foot open training/flex space includes one drive-in door (12’ x 14’). The building has 18’ clear ceiling height and can be modified to accommodate additional warehouse space. Parking is available with 194 spaces. Interstate building signage is available. All fixtures and furniture are included in the sublease terms, which expires February 28, 2031. The property is located just south of the Indianapolis International Airport, northeast of the Ameriplex Parkway and I-70 interchange, along Ameriplex Parkway on the west border of the Marion-Hendricks County lines, providing quick access to interstate systems. The traffic count is 30,000 VPD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Republic Airways Training ... Training Center Republic Airways Corporate Office

    Suggested Use

    Building Supply Auto Repair Shop Accounting Firm Grocery & Convenience Store Restaurant Wine and Liquor Store Arcade & Gaming Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.264
    Latitude
    39.7251

    FAQs

    What type of property is this?
    Office units - 40,144 SF office/training facility with flexible space for rent.
    Where is this office units located?
    The property is located at 5151 Exploration Drive Indianapolis, IN.
    What are key features of this property?
    This property features: Sublease expires February 28, 2031; **40,144 SF Office/Training Facility** with flexible modification options for warehouse space; Includes all fixtures and furniture
    More about this property
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