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Flex Space with Renovated Office
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2015 S East St, Indianapolis, IN 46225

Flex space with I-4 zoning, recently renovated office space, and a warehouse building with covered storage options.

Property Size4,216 SF
Lot Size0.59 Acres
Days on Market174

Property Features for 2015 S East St

General Information

Standard status Active
Size 4,216 SF
Net Rentable 4,216 SF
Total Parking Spaces 10
Lot size 0.59 Acres
Property subtype INDUSTRIAL
Zoning I-4
Lease Type SF/mo

Lease Terms

Lease Rate $5,500 /USD/MO
Monthly Rent $5,500
Rent per SF/Year $15.65

Site & Location

Highway Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 2,635 SF
Office Build-Out 1,581 SF
Drive-In Doors 2

Additional Details

Available Space 4,216 SF

Amenities

security system

Building Details

Buildings 2
Listing Agency: Colliers
Listed By: Ben Schiller
Source: Moodyscre
Added: Feb 6 Changed: Jul 30 Last Checked: Jul 30 at 4:41PM

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 Colliers

Investment Insights

Based on property information with market context.

Flex space offering approximately 4,216 SF total availability, including a recently renovated 1,581 SF office building and a 2,635 SF warehouse building. The property also includes a 1,300 SF metal lean-to for covered storage. Outdoor storage is available as well.

The site sits on approximately 0.59 acres and is served by two drive-in doors sized 8’H x 10’W, plus a dock-level pad. There is parking for up to 10 autos on-site, and the facility includes an in-place security system.

Zoned I-4, the property is described as having excellent access to I-65 / I-70 and downtown, supporting a range of light industrial and business uses that need both office and warehouse space.

Key Highlights

  • Approximately 4,216 SF available with a 1,581 SF recently renovated office
  • 2,635 SF warehouse building with outdoor storage available
  • 0.59 acres with a 1,300 SF metal lean‑to for covered storage

Property Analytics

Current Use

Sam's Electrical Indianapolis Electrical Service

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Daycare Center Accounting Firm 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

2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$80.57 /SF/Yr
Avg Asking Price
$8–$141 /SF/Yr
Price Range
4,767 SF
Avg Space Size

This space is priced 81% below the average of $80.57 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with I-4 zoning, recently renovated office space, and a warehouse building with covered storage options.
Where is this flex space located?
The property is located at 2015 S East St Indianapolis, IN.
What is the lease rate?
The lease rate is $5,500 /Mo.
What are key features of this property?
This property features: Approximately 4,216 SF available with a 1,581 SF recently renovated office; 2,635 SF warehouse building with outdoor storage available; 0.59 acres with a 1,300 SF metal lean‑to for covered storage
(716) 913-7179 Call to check price and availability
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