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Medical Office Suite
For Lease
$1,840/Mo

3-5162 Stop 11 Rd, Indianapolis, IN 46217

Turn-key medical office layout with reception, five exam rooms, and secure file storage.

Space SizeContact for details
Days on Market72

Property Features for 3-5162 Stop 11 Rd

General Information

Standard status Active
Listing Agency: Keller Williams Indy Metro S
Listed By: Shelly Johnson · License #RB14043056
Source: Exprealty
Added: Jun 19 Changed: Aug 25 Last Checked: Aug 26 at 1:21PM

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.

The suite provides approximately 1,300 square feet of medical office space with a functional, patient-friendly layout. The interior includes a spacious reception area with a dedicated check-in/check-out desk, along with five exam rooms or private offices. Additional improvements include one private restroom and secure file storage, supporting everyday clinical and administrative workflows.

This space is offered for rent and is being prepared for occupancy. As a standalone medical office configuration, it is designed to support both patient-facing use and operational needs within a contained suite.

The layout is well suited for medical, wellness, therapy, or other professional services that benefit from dedicated rooms and a reception-first entry experience. With secure storage and multiple private rooms already in place, the suite can support providers looking to move in efficiently rather than starting from an open-plan buildout.

Key Highlights

  • 1,300 SF medical office suite with a functional, patient‑friendly layout
  • Spacious reception area with dedicated check‑in/check‑out desk
  • Five exam rooms or private offices for flexible use

Property Analytics

Current Use

Medical Office 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
$2.55 /SF/Yr
CAM

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

$19.19 /SF/Yr
Avg Asking Price
$16.98–$22.5 /SF/Yr
Price Range
9,697 SF
Avg Space Size

This space is priced 12% below the average of $19.19 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Turn-key medical office layout with reception, five exam rooms, and secure file storage.
Where is this medical office space located?
The property is located at 3-5162 Stop 11 Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $1,840/Mo.
What are key features of this property?
This property features: 1,300 SF medical office suite with a functional, patient‑friendly layout; Spacious reception area with dedicated check‑in/check‑out desk; Five exam rooms or private offices for flexible use
More about this property
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