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Flex Space with Office and Warehouse
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1435 Northwest 5th Street, Richmond, IN 47374

Multi-level commercial space combines substantial office area with warehouse and storage capacity.

Space Size12,173 SF - 23,686 SF
Days on Market90

Property Features for 1435 Northwest 5th Street

General Information

Standard status Active
Size 12,173 SF - 23,686 SF
Net Rentable 12,173 SF
Property subtype Office

Space & Availability

Available Space 12,173-23,686 SF
Contiguous Space 12,173 SF
Floor Main Floor
Space Use Office

Warehouse & Industrial

Warehouse Space 2,114 SF
Office Build-Out 10,059 SF
Three-Phase Power Yes

Additional Details

Highway Access Yes

Building Details

Building Size 23,686 SF
Listing Agency: CBRE - Indianapolis
Listed By: Jeff Merritt · License #RB14033827
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 30 at 12:04AM

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

Investment Insights

Based on property information with market context.

This multi-level flex property at 1435 Northwest 5th Street includes 10,059 SF of main-floor office space alongside 2,114 SF of warehouse and storage area. The lower level adds 11,513 SF of warehouse and storage space with a drive-in door.

The property offers access to the U.S. Interstate system and is configured to combine office functions with substantial storage and warehouse capacity. Lower-level space is available only to the tenant occupying the main floor.

Key Highlights

  • 10,059 SF of main‑floor office space
  • 2,114 SF of main‑floor warehouse and storage area
  • 11,513 SF of lower‑level warehouse and storage space

Property Analytics

Current Use

CountryMark Gas Station Harvest Land Co-Op Gas Station FedEx Drop Box Postal Service Quickpix Grocery & Convenience Store Co-Alliance Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Nail Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47374, IN

45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-level commercial space combines substantial office area with warehouse and storage capacity.
Where is this flex space located?
The property is located at 1435 Northwest 5th Street Richmond, IN.
What are key features of this property?
This property features: 10,059 SF of main‑floor office space; 2,114 SF of main‑floor warehouse and storage area; 11,513 SF of lower‑level warehouse and storage space
More about this property
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