Freestanding Office
For Lease
Contact for pricing
2131 E 54th St, Indianapolis, IN 46220
Flexible commercial facility with a fenced outdoor area and detached garage for supplemental storage or operations.
Space Size5,530 SF
Lot Size0.64 Acres
Days on Market125
Property Features for 2131 E 54th St
General Information
Standard status
Active
Size
5,530 SF
Lot size
0.64 Acres
Property subtype
OFFICE
Lease Type
NNN
Additional Details
Space Use
Office
Building Details
Building Size
5,530 SF
Spaces For Lease
at 2131 E 54th St Contact us- Size
- 5,530 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Completion
For Lease! 2131 E 54th St, Indianapolis, IN $15/SF/Yr
High-visibility Broad Ripple commercial building available for sale or lease. This...
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Listing Agency:
KW Indy Metro Northeast
(317) 607-0884
Listed By:
Sharon Stamper Thompson · License ##RB14044406
(317) 607-0884
Source:
Moodyscre
Added: Apr 9
Changed: Aug 11
Last Checked: Aug 10 at 7:56AM
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 KW Indy Metro Northeast
Investment Insights
Based on property information with market context.
This 5,530-square-foot freestanding office building is arranged to accommodate one to three users. The property has previously served as an office, daycare, and church facility, providing a documented history of varied commercial and organizational use.
Set on 0.64 acres, the site includes a fenced outdoor area formerly used as a daycare playground. A detached 22-foot by 24-foot garage adds separate space for storage or operational needs. The combination of a flexible interior layout, outdoor enclosure, and accessory building supports practical use by office occupants and other organizations seeking a standalone facility.
Set on 0.64 acres, the site includes a fenced outdoor area formerly used as a daycare playground. A detached 22-foot by 24-foot garage adds separate space for storage or operational needs. The combination of a flexible interior layout, outdoor enclosure, and accessory building supports practical use by office occupants and other organizations seeking a standalone facility.
Key Highlights
- 5,530‑square‑foot freestanding office building
- Layout supports one to three users
- Prior uses include office, daycare, and church operations
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 46220, IN
36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$19.9 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,434 SF
Avg Space Size
This space is priced 25% below the average of $19.9 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible commercial facility with a fenced outdoor area and detached garage for supplemental storage or operations.
Where is this office building located?
The property is located at 2131 E 54th St Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 5,530‑square‑foot freestanding office building; Layout supports one to three users; Prior uses include office, daycare, and church operations
