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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.

Space Size4,216 SF
Lot Size0.59 Acres
Days on Market265

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 NNN

Lease Terms

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

Site & Location

Neighborhood Near Southside
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

Spaces For Lease

at 2015 S East St
Industrial-Flex Opportunity with Outdoor Storage Fully fenced / Secured / Lit $4,750/Mo
Size 4,216 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE
• ± 4,216 SF Available • ± 1,581 SF Office building – recently renovated • ± 2,635 SF Warehouse building • ± 0.59 acres • ± 1,300 SF metal lean-to for covered storage • (2) Drive-ins (8’H x 10’W) and dock-level pad • (10) Auto parking spaces • (2) Single story buildings • In-place security system • Outdoor storage is available • I-4 Zoning • Excellent access to I-65 / I-70 and downtown
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Listing Agency: Colliers
Listed By: Ben Schiller
Source: Moodyscre
Added: Feb 6 Changed: Oct 26 Last Checked: Oct 28 at 12:04PM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sam's Electrical Indianapolis Electrical Service

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Restaurant Hair 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

430
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$12.36 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,406 SF
Avg Space Size

This space is priced 27% above the average of $12.36 /SF/Yr.

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025

Similar Off Market Nearby

  • Poured to Perfection- Mobile Bartenders — 248 E Southern Ave, Indianapolis, IN 46225

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 · Office Call to check price and availability
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