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Office Suite with Meeting Room
New
For Lease
$1,770/Mo CAM $4.42 /USD/SF/YR

5162 E Stop 11 Road, Indianapolis, IN 46237

Commercial Lease, Indianapolis, IN

Space Size1,250 SF
Lot Size5.00 Acres
Days on Market2

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 I 65 South to Southport Road. Turn right on Emerson Ave, left on Stop 11. Professional Center is on left side.
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
Tax Annual Amount 175222
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 Partners · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Oct 13 Last Checked: Oct 14 at 10:06AM
MLS# 22131260

Copyright © 2026 Broker Listing Cooperative®. 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 1,250-square-foot office suite includes two private offices, a kitchenette, and a conference room. A reception area and separate waiting room provide designated spaces for visitors. The property was built in 1995 and is zoned C-1.

The suite is offered under a NNN lease. Its mix of enclosed offices, shared meeting space, and visitor areas provides several distinct functions within one office unit.

Key Highlights

  • 1,250‑square‑foot office suite
  • Two private offices and a kitchenette
  • Conference room, reception area, and separate waiting room

Property Analytics

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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 Real Estate Agency Law Firm Auto Parts Store HVAC Service Building Supply Big Box & Wholesale 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

1,412
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$22.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,675 SF
Avg Space Size

This space is priced 25% below the average of $22.72 /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
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Frequently Asked Questions

What type of property is this?
Office units - Client-facing areas include reception and a separate waiting room alongside private work and meeting spaces.
Where is this office units located?
The property is located at 5162 E Stop 11 Road Indianapolis, IN.
What is the lease rate?
The lease rate is $1,770/Mo.
What are key features of this property?
This property features: 1,250‑square‑foot office suite; Two private offices and a kitchenette; Conference room, reception area, and separate waiting room
More about this property
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