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Move-In Ready Office Space
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5222 S East St, Indianapolis, IN 46227

Office space available for lease with new paint and carpet and move-in ready condition.

Property Size594 SF
Days on Market588

Property Features for 5222 S East St

General Information

Standard status Active
Size 594 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Moodyscre
Added: Dec 20, 2024 Changed: Jul 26 Last Checked: Jul 30 at 10:01AM

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.

Move-in ready office space offered for lease under new ownership. The suite has received new paint and new carpet, designed to support an efficient move-in for a qualifying tenant.

The property is located at 5222 S East St in Indianapolis, IN 46227, approximately 6 miles to Downtown Indianapolis.

The available space totals 594 square feet.

Key Highlights

  • Office space for lease is move‑in ready with new paint and new carpet
  • Special lease rates available for the 1st year
  • New ownership

Property Analytics

Current Use

USA Alarm Service Security Service Heartland Intervention, LLC Counselor 1-800-PLUMBER +AIR Plumbing Service On-Line Accounting, Inc Corporate Office Dr. Rao Zhou, ... Physician

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

543
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

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 31% below the average of $21.07 /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 - Office space available for lease with new paint and carpet and move-in ready condition.
Where is this office units located?
The property is located at 5222 S East St Indianapolis, IN.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Office space for lease is move‑in ready with new paint and new carpet; Special lease rates available for the 1st year; New ownership
(317) 679-4046 Call to check price and availability
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