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Private Office Suite
For Lease
$350/Mo

5170 Commerce Cir, Indianapolis, IN 46237

Private workspace in a professional office building with shared waiting and restroom areas.

Space Size160 SF
Days on Market38

Property Features for 5170 Commerce Cir

General Information

Standard status Active
Size 160 SF
Net Rentable 160 SF
Lease Type Gross

Space & Availability

Available Space 160 SF
Contiguous Space 160 SF
Space Use Private Office
Available From 2026-08-01
Private Offices 1

Lease Terms

Lease Rate $350 /USD/MO
Total Rate $350
Monthly Rent $350
Rent per SF/Year $26.25

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

shared waiting area
restrooms
ample onsite parking
Listing Agency: Keller Williams Indy Metro S
Listed By: Teresa Harwood · License #RB14039040
Source: Megandusing
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 31 at 6:22PM

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 Keller Williams Indy Metro S

Investment Insights

Based on property information with market context.

A 160-square-foot private office suite is available within a 7,470-square-foot professional office building on Indianapolis’ south side. The building includes shared waiting and restroom areas, along with onsite parking. A gross lease covers electric, water, heating, cooling, and other utilities.

The property is near medical, professional, retail, and service businesses, with access to I-65 and I-465. The suite is scheduled to become available August 1, 2026, and suits independent professionals, consultants, therapists, accountants, attorneys, and small business owners seeking a dedicated office setting.

Key Highlights

  • 160 SF private office suite
  • Gross lease includes electric, water, heating, cooling, and other utilities
  • Shared waiting area and restrooms

Property Analytics

Current Use

Bluem Herbal Bodywork Alternative Medicine Practice Masters Family Dentistry Dental Office The Law Office of Kairi ... Law Firm RM Success, LLC HVAC Service MyersSquared, LLC Coaching, ... Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store HVAC Service Big Box & Wholesale Store Auto Repair Shop

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

Yes
Highway access
Yes
Utilities to site
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,405
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

Market

Lease Benchmarks for Indianapolis, IN

$28.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,953 SF
Avg Space Size

This space is priced 9% below the average of $28.72 /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
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Frequently Asked Questions

What type of property is this?
Office units - Private workspace in a professional office building with shared waiting and restroom areas.
Where is this office units located?
The property is located at 5170 Commerce Cir Indianapolis, IN.
What is the lease rate?
The lease rate is $350/Mo.
What are key features of this property?
This property features: 160 SF private office suite; Gross lease includes electric, water, heating, cooling, and other utilities; Shared waiting area and restrooms
More about this property
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