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Flexible-Floorplan Retail Space
For Lease
Contact for pricing

5425 South East Street, Indianapolis, IN 46227

Adaptable commercial space suited to retail, medical, educational, office, fitness, and service-oriented operations.

Space Size3,974 SF
Days on Market9

Property Features for 5425 South East Street

General Information

Standard status Active
Size 3,974 SF
Net Rentable 3,974 SF
Property subtype Retail - Street Retail

Space & Availability

Available Space 3,974 SF
Contiguous Space 3,974 SF

Building Details

Building Size 3,974 SF

Spaces For Lease

at 5425 South East Street Contact us

1

Size
3,974 SF
Type
Retail
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Midland Atlantic Properties
Listed By: Ian Brady · License #RB25001498
Source: Commercialcafe
Added: Aug 25 Changed: Aug 30 Last Checked: Sep 2 at 1:49PM

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 Midland Atlantic Properties

Investment Insights

Based on property information with market context.

Located at 5425 South East Street in Indianapolis, this 3,974-square-foot retail property occupies a former barber school location on the city’s established South Side. The interior offers a flexible floorplan that can accommodate a range of commercial layouts.

The space is suited to retail, medical, educational, office, fitness, and other service-oriented uses. Its adaptable configuration provides a practical setting for operators seeking a commercial building that can support varied customer-facing or professional functions.

Key Highlights

  • 3,974 SF retail space at 5425 South East Street
  • Former barber school location
  • Flexible floorplan for varied commercial layouts

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Home Appliance Store Kitchen & Bath Showroom Discount Store

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

Location Intelligence

Trade Area within ½ mile

2,465
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

$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 SF
Avg Space Size

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Adaptable commercial space suited to retail, medical, educational, office, fitness, and service-oriented operations.
Where is this retail space located?
The property is located at 5425 South East Street Indianapolis, IN.
What are key features of this property?
This property features: 3,974 SF retail space at 5425 South East Street; Former barber school location; Flexible floorplan for varied commercial layouts
More about this property
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