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Flexible Flex Space with Private Office
For Lease
$1,845/Mo

27-5136 E Stop 11 Rd, Indianapolis, IN 46217

Open-plan space includes a private office, kitchenette, and ADA-compliant restroom.

Space Size1,300 SF
Days on Market42

Property Features for 27-5136 E Stop 11 Rd

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF
Lease Type NNN

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Office
Private Offices 1

Amenities

kitchenette/break room
pylon sign space
Listing Agency: Keller Williams Indy Metro S
Listed By: Shelly Johnson · License #RB14043056
Source: Exprealty
Added: Jun 24 Changed: Aug 2 Last Checked: Aug 2 at 2:43AM

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 Keller Williams Indy Metro S

Investment Insights

Based on property information with market context.

This 1,300 SF flex suite combines an open work area with one enclosed private office. The adaptable floor plan can accommodate collaborative work, training, creative production, or a tailored office arrangement. A kitchenette and break room support daily operations, while the private ADA-compliant restroom adds convenience for occupants and visitors.

The suite is located at 27-5136 E Stop 11 Rd in Indianapolis, Indiana. The lease structure is NNN, and pylon sign space is available for the suite. Its mix of open and enclosed areas provides a practical foundation for businesses needing both shared workspace and private meeting or management space.

Key Highlights

  • 1,300 SF flex suite with adaptable layout
  • Large open workspace for collaboration, training, or creative work
  • One private office for meetings or focused work

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Parking Lot & Garage HVAC Service Dental Office

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

191
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$22.17 /SF/Yr
Avg Asking Price
$8–$95.52 /SF/Yr
Price Range
17,040 SF
Avg Space Size

This space is priced 23% below the average of $22.17 /SF/Yr.

Properties on Market for Flex space in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

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
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Frequently Asked Questions

What type of property is this?
Flex space - Open-plan space includes a private office, kitchenette, and ADA-compliant restroom.
Where is this flex space located?
The property is located at 27-5136 E Stop 11 Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $1,845 /Mo.
What are key features of this property?
This property features: 1,300 SF flex suite with adaptable layout; Large open workspace for collaboration, training, or creative work; One private office for meetings or focused work
More about this property
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