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4625 S Emerson Ave, Indianapolis, IN

Office space for rent near downtown attractions and dining.

Property Size2,400 SF
Lot Size1.21 Acres
Days on Market495

Property Features for 4625 S Emerson Ave

General Information

Standard status Active
Size 2,400 SF
Lot size 1.21 Acres
Property subtype OFFICE
Listing Agency: Tharp Realty
Listed By: Jeffrey 'Jeff' Marchio
Source: Moodyscre
Added: Mar 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:02AM

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 Tharp Realty

Investment Insights

Based on property information with market context.

This office space is situated in close proximity to the heart of the city, providing convenient access to attractions such as the Bankers Life Fieldhouse, the Indiana Convention Center, and the Lucas Oil Stadium. The surrounding area offers a diverse array of dining options, including St. Elmo Steak House, and the nightlife of Georgia Street. Fountain Square provides cultural experiences and entertainment. The property offers 2400 square feet of office space.

Key Highlights

  • Close proximity to the city center
  • Convenient access to Bankers Life Fieldhouse, Indiana Convention Center, and Lucas Oil Stadium
  • Diverse array of dining options including St. Elmo Steak House

Property Analytics

Current Use

Spherion Indianapolis South Employment Agency ATI Physical Therapy Medical Clinic Kids & Adult Dental ... Dental Office Hank Havlin Physician Aspen Holmes Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Auto Parts Store Dental Office Restaurant

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby

Market

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 14% above the average of $21.07 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent near downtown attractions and dining.
Where is this office units located?
The property is located at 4625 S Emerson Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Close proximity to the city center; Convenient access to Bankers Life Fieldhouse, Indiana Convention Center, and Lucas Oil Stadium; Diverse array of dining options including **St. Elmo Steak House**
(317) 432-5361 Call to check price and availability
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