Private Office Suite in Professional
For Lease
$350/Mo
5170 Commerce Circle, Indianapolis, IN 46237
COMMERCIAL - Indianapolis, IN
Space Size160 SF
Lot Size2.19 Acres
Days on Market49
Property Features for 5170 Commerce Circle
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CS
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Subdivision
4906 - Marion - Franklin
Standard status
Active
APN
491515107019000300
Lot size
2.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt W1/2 Sw1/4 S15 T14 R4 Beg 1889.7Ft N 74.25Ft E& 5.12Ft S Of Sw Cor E 144.59Ft Se 429.83Ft Sw137ft Nw 388.21Ft Nwrly 254.76Ft To Beg 2.19Ac
Legal Description
Pt W1/2 Sw1/4 S15 T14 R4 Beg 1889.7Ft N 74.25Ft E& 5.12Ft S Of Sw Cor E 144.59Ft Se 429.83Ft Sw137ft Nw 388.21Ft Nwrly 254.76Ft To Beg 2.19Ac
Amenities
shared waiting area
restrooms
onsite parking
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Teresa Harwood · License #RB14039040
(317) 882-5900
Added: Jun 24
Changed: Aug 4
Last Checked: Aug 11 at 7:06PM
MLS# 22110243
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.
A private 160 SF office suite is available for lease in a well-maintained professional office building on Indianapolis’ south side. The space includes access to a shared waiting area and shared restrooms, designed for independent professionals and small businesses. The lease is structured as a gross lease that includes electric, water, heating, cooling, and other utilities, supporting simplified monthly budgeting.
The property is zoned CS and sits on a 2.19-acre lot. Tenants benefit from ample on-site parking and convenient access to I-65 and I-465, with the surrounding area featuring medical, professional, retail, and service businesses. Availability begins August 1, 2026.
The property is zoned CS and sits on a 2.19-acre lot. Tenants benefit from ample on-site parking and convenient access to I-65 and I-465, with the surrounding area featuring medical, professional, retail, and service businesses. Availability begins August 1, 2026.
Key Highlights
- Private 160 SF office suite in a professional office building
- Gross lease includes electric, water, heating, cooling, and other utilities
- Shared waiting area and shared restrooms
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Gross
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
$38.08 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
10,144 SF
Avg Space Size
This space is priced 31% below the average of $38.08 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Private 160 SF office suite with shared waiting area and restrooms, gross lease utilities, and convenient I-65/I-465 access.
Where is this office units located?
The property is located at 5170 Commerce Circle Indianapolis, IN.
What is the lease rate?
The lease rate is $350/Mo.
What are key features of this property?
This property features: Private 160 SF office suite in a professional office building; Gross lease includes electric, water, heating, cooling, and other utilities; Shared waiting area and shared restrooms
