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Medical Office Suite with Five Exam Rooms
For Lease
$1,840/Mo

5162 E Stop 11 Road, Indianapolis, IN 46237

COMMERCIAL - Indianapolis, IN

Space Size1,300 SF
Lot Size5.00 Acres
Days on Market47

Property Features for 5162 E Stop 11 Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-1
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 2025
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
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Jun 19 Changed: Aug 1 Last Checked: Aug 4 at 9:06AM
MLS# 22104737

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 medical office suite offers 1,300 SF with a functional, patient-friendly layout designed to support day-to-day appointments. The space includes a spacious reception area with a dedicated check-in/check-out desk, five exam rooms or private offices, a private restroom, and secure file storage.

The property is zoned C-1 and is set on a 5-acre lot. The building was constructed in 1995.

Suitable for a range of medical and professional practices, the suite’s core room layout supports both clinical exam workflows and private office use within the same footprint.

Key Highlights

  • 1,300 SF medical office suite with patient‑friendly layout
  • Five exam rooms or private offices
  • Dedicated check‑in/check‑out desk and spacious reception area

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby
Well-served
Demand for This Use

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

$18.29 /SF/Yr
Avg Asking Price
$12–$22.5 /SF/Yr
Price Range
10,103 SF
Avg Space Size

This space is priced 7% below the average of $18.29 /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.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - C-1 zoned medical office suite with a reception area, check-in desk, and secure file storage for professional use.
Where is this medical office space located?
The property is located at 5162 E Stop 11 Road Indianapolis, IN.
What is the lease rate?
The lease rate is $1,840 /Mo.
What are key features of this property?
This property features: 1,300 SF medical office suite with patient‑friendly layout; Five exam rooms or private offices; Dedicated check‑in/check‑out desk and spacious reception area
More about this property
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