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Renovated Office Space Available
For Lease
$22.50 SF/Yr

3850 & 3830 Shore Drive, Indianapolis, IN 46254

Recently renovated office space with ample parking and signage.

Space Size1,835 SF - 2,160 SF
Property Size38,000 SF
Days on Market291

Property Features for 3850 & 3830 Shore Drive

General Information

Standard status Active
Size 1,835 SF - 2,160 SF
Class B
Property subtype Office
Lease Term Gross

Building Details

Building Size 38,000 SF

Spaces For Lease

at 3850 & 3830 Shore Drive Contact us

Suite 301 $22.50/SF/Yr

Size
1,835 SF
Term
Negotiable
Contact us

Suite 305 $22.50/SF/Yr

Size
2,160 SF
Term
Negotiable
Contact us
Listed By: Mike Short
Source: Alopg
Added: Nov 24, 2025 Changed: Sep 10 Last Checked: Sep 10 at 7:49AM

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 Mike Short

Investment Insights

Based on property information with market context.

This office space, totaling 1835 square feet, features recently renovated common areas. The property is owner-occupied and provides ample parking. Exterior signage is available for tenants. The location offers convenient access to I-465.

Key Highlights

  • Easy access to I‑465
  • Ample parking
  • Recently renovated common areas

Property Analytics

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Current Use

Indy West VA ... Medical Clinic Samiullah Kundi MD Physician Green-Mack Thelma L ... Physician Dr. Thelma Green-Mack Physician Leland James F ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Auto Repair Shop

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 46254, IN

40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
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

$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 SF
Avg Space Size

This space is priced 18% below the average of $27.49 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Recently renovated office space with ample parking and signage.
Where is this office units located?
The property is located at 3850 & 3830 Shore Drive Indianapolis, IN.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Easy access to I‑465; Ample parking; Recently renovated common areas
More about this property
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