Search
Lafayette Road Commercial Flex Space
For Lease
Contact for pricing

4540 Lafayette Rd, Indianapolis, IN 46254

Versatile commercial warehouse and flex space in established commercial corridor.

Space Size38,219 SF
Days on Market109

Property Features for 4540 Lafayette Rd

General Information

Standard status Active
Size 38,219 SF
Property subtype Office, Retail

Building Details

Building Size 38,219 SF
Year Built 1991
Tenancy Single

Spaces For Lease

at 4540 Lafayette Rd Contact us

Space 1

Size
38,219 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: eXp Realty
Listed By: Barry maan · License #IN
Source: Crexi
Added: May 13 Changed: Aug 19 Last Checked: Aug 28 at 8:32PM

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 eXp Realty

Investment Insights

Based on property information with market context.

4540 Lafayette Road offers a leasing opportunity for businesses seeking commercial warehouse and flex space. The property provides approximately 20,000 square feet of versatile commercial space suitable for a variety of permitted commercial and industrial uses. Positioned on Lafayette Road, the property offers road frontage and strong daily traffic counts. The building features approximately 21-foot clear height ceilings, a separate entry access point, and additional fenced outdoor space available adjacent to the building. It is suited for tenants seeking a functional facility with access to major transportation corridors, surrounding retail amenities, and dense residential populations throughout the northwest Indianapolis market. The property is ideal for businesses requiring secured exterior storage, fleet parking, or operational flexibility.

Key Highlights

  • High‑visibility location on busy Lafayette Road with strong daily traffic counts.
  • Approximately ±20,000 square feet of versatile commercial warehouse and flex space.
  • Benefit from approximately 21‑foot clear height ceilings.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office HVAC Service

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

619
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Indianapolis, IN

$23.17 /SF/Yr
Avg Asking Price
$12–$95.52 /SF/Yr
Price Range
14,704 SF
Avg Space Size

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 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?
Flex space - Versatile commercial warehouse and flex space in established commercial corridor.
Where is this flex space located?
The property is located at 4540 Lafayette Rd Indianapolis, IN.
What are key features of this property?
This property features: High‑visibility location on busy Lafayette Road with strong daily traffic counts.; Approximately ±20,000 square feet of versatile commercial warehouse and flex space.; Benefit from approximately 21‑foot clear height ceilings.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message