Building Details

Building Size 1,250 SF

Year Built 1995

Stories 1

Listing Agency: Keller Williams Indy South

Listed By: Shelly Johnson · License #RB14043056 Show Phone

Source: Evrealestate

Added: Oct 20 Changed: Oct 27 Last Checked: Oct 26 at 4:22PM

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Investment Insights

Based on property information with market context.

This office unit is part of a professional center built in 1995. The property is zoned C-1.

Access is via I-65 South, Southport Road, Emerson Avenue and Stop 11 Road in Indianapolis.

Key Highlights

• Office unit within a professional center
• Built in 1995
• Zoned C‑1

Property Analytics

Current Use

IndyPerio Dental Office Chittwood Julie Dental Office Allergy Asthma & Clinical Medical Clinic Circle City Psychological ... Physician Uncovering Invisible Strengths, ... Physician

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

424

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

$22.47 /SF/Yr

Avg Asking Price

$1.97–$275 /SF/Yr

Price Range

8,799 SF

Avg Space Size

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 unit - C-1 zoning supports commercial office use at this Indianapolis property.

Where is this office unit located?

The property is located at 5162 E Stop 11 Road 4 Indianapolis, IN.

What is the lease rate?

The lease rate is $1,770/Mo.

What are key features of this property?

This property features: Office unit within a professional center; Built in 1995; Zoned C‑1