Office and Lab Building with
For Lease
Contact for pricing
5225 Exploration Dr, Indianapolis, IN 46241
Class A lab and office building with traditional suites, plentiful parking, and a spacious outdoor patio beside a paved walking trail.
Space Size2,209 SF
Days on Market1316
Property Features for 5225 Exploration Dr
General Information
Standard status
Active
Size
2,209 SF
Class
Class A
Property subtype
OFFICE
Site & Location
Neighborhood
Park Fletcher
Amenities
Plentiful Parking
Spacious Outdoor Patio
Paved Walking Trail
Spaces For Lease
at 5225 Exploration Dr
5225 Exploration Dr
AVAILABLE, Now
Floor
1
Size
2,209 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Sublease
No
- Enterprising Ownership
- Responsive, Local Property Management
- Plentiful Parking
- Spacious Outdoor Patio
- Situated Alongside Paved Walking Trail
- Traditional Office suites available with opportunities to build out Lab and R&D spaces
- Class A 54,000 SF lab and office building
Contact us
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Jeff Merritt · License #RB14033827
(317) 269-1040
Source:
Moodyscre
Added: Mar 21, 2023
Changed: Oct 25
Last Checked: Oct 24 at 4:45PM
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
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Investment Insights
Based on property information with market context.
This Class A lab and office building offers traditional office suites with opportunities to build out lab and R&D spaces. The property includes a spacious outdoor patio and is supported by plentiful on-site parking.
The building is situated alongside a paved walking trail, providing a straightforward on-site environment for day-to-day operations and tenant access.
For renters evaluating flexible office and lab-ready options, the suite configuration supports traditional workplace use while accommodating lab and R&D buildouts as needed.
The building is situated alongside a paved walking trail, providing a straightforward on-site environment for day-to-day operations and tenant access.
For renters evaluating flexible office and lab-ready options, the suite configuration supports traditional workplace use while accommodating lab and R&D buildouts as needed.
Key Highlights
- Class A 54,000 SF lab and office building
- Traditional office suites available with opportunities to build out lab and R&D spaces
- Plentiful parking
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$22.47 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,799 SF
Avg Space Size
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Office unit - Class A lab and office building with traditional suites, plentiful parking, and a spacious outdoor patio beside a paved walking trail.
Where is this office unit located?
The property is located at 5225 Exploration Dr Indianapolis, IN.
What are key features of this property?
This property features: Class A 54,000 SF lab and office building; Traditional office suites available with opportunities to build out lab and R&D spaces; Plentiful parking
