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Private-Office Units
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$18 SF/Yr

2990 Westlane Road, Indianapolis, IN 46268

Commercial Lease, Indianapolis, IN

Space SizeContact for details
Lot Size3.70 Acres
Days on Market7

Property Features for 2990 Westlane Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning SU-7
Elementary school district MSD Pike Township
Middle school district MSD Pike Township
High school district MSD Pike Township
Directions GPS Friendly
Subdivision 4902 - Marion - Pike
Standard status Active
APN 490329127016000600
Lot size 3.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt S1/2 S29 T17 R3 Beg 1069.07' E, 849.36' Nw, 330' Sw & 40' Nw Of Sw Cor Sw1/4 Se1/4 P.O.B. Nw552.65' Sw258.74' Se15.74' W52.34'Se541.2' Ne308.63' To Beg
Legal Description Pt S1/2 S29 T17 R3 Beg 1069.07' E, 849.36' Nw, 330' Sw & 40' Nw Of Sw Cor Sw1/4 Se1/4 P.O.B. Nw552.65' Sw258.74' Se15.74' W52.34'Se541.2' Ne308.63' To Beg

Building Details

Year built 1972
Listing Agency: RE/MAX Advanced Realty · RE/MAX International
Listed By: Keith Turnbill
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 18 at 3:06PM
MLS# 22131563

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This office-unit offering includes several private offices and a kitchen area. The property was built in 1972 and carries SU-7 zoning.

The site encompasses 3.7 acres at 2990 Westlane Road in Indianapolis, Indiana.

Key Highlights

  • Multiple private offices
  • Kitchen area
  • SU‑7 zoning

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Indianapolis, IN

$22.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,675 SF
Avg Space Size

This space is priced 21% below the average of $22.72 /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

Frequently Asked Questions

What type of property is this?
Office units - A shared kitchen area accompanies multiple enclosed offices.
Where is this office units located?
The property is located at 2990 Westlane Road Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Multiple private offices; Kitchen area; SU‑7 zoning
More about this property
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