Office Suite with Coworking
For Lease
$925/Mo
5136 E Stop 11 Road, Indianapolis, IN 46237
COMMERCIAL - Indianapolis, IN
Property Size650 SF
Lot Size5.00 Acres
Days on Market190
Property Features for 5136 E Stop 11 Road
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C1
Middle school
Franklin Central Junior High
Elementary school district
Franklin Township Com Sch Corp
Middle school district
Franklin Township Com Sch Corp
High school district
Franklin Township Com Sch Corp
Directions
GPS Friendly
Subdivision
4906 - Marion - Franklin
Standard status
Active
APN
491515107041000300
Lot size
5.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Sw1/4 S15 T14 R4 Beg 346.5Ft E Of Sw Corn 628.32Ft E 346.5Ft S 626.32Ft W 346.5Ft Tobeg. 5Ac
Legal Description
Pt Sw1/4 S15 T14 R4 Beg 346.5Ft E Of Sw Corn 628.32Ft E 346.5Ft S 626.32Ft W 346.5Ft Tobeg. 5Ac
Building Details
Year built
1995
Floors in Building
1
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Shelly Johnson · License #RB14043056
(317) 882-5900
Added: Jan 21
Changed: Jun 16
Last Checked: Jul 30 at 3:06PM
MLS# 22081150
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a 650-square-foot office suite available for lease with a layout that includes one private office, a large open coworking area, and one private restroom. The suite is part of a commercial property configured with shared parking, and a pylon sign is available.
The property is located in Franklin Township in Indianapolis, Indiana, within Marion County. The space is zoned C1. More than 100 shared parking spaces are available for tenant and guest use.
The lease is structured on an NNN basis, with an additional $4.42 per square foot fee stated in the remarks. Water, sewer, and trash are included, which can help simplify monthly operating costs for an office or hybrid coworking setup that needs a mix of private and open work areas. The shared parking and on-site sign availability support day-to-day tenant access and visibility.
The property is located in Franklin Township in Indianapolis, Indiana, within Marion County. The space is zoned C1. More than 100 shared parking spaces are available for tenant and guest use.
The lease is structured on an NNN basis, with an additional $4.42 per square foot fee stated in the remarks. Water, sewer, and trash are included, which can help simplify monthly operating costs for an office or hybrid coworking setup that needs a mix of private and open work areas. The shared parking and on-site sign availability support day-to-day tenant access and visibility.
Key Highlights
- 650sf Office Space in Franklin Township
- Includes 1 private office and large co‑working space
- Water, Sewer, and Trash included
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Explore this area
Business Placement
Demographics for 46237, IN
44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value
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 19% below the average of $21.07 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite includes a private office, open coworking area, and private restroom with shared parking and utilities included.
Where is this office units located?
The property is located at 5136 E Stop 11 Road Indianapolis, IN.
What is the lease rate?
The lease rate is $925 /Mo.
What are key features of this property?
This property features: 650sf Office Space in Franklin Township; Includes **1 private office and large co‑working space**; Water, Sewer, and Trash included
