Class A Lab and Office
For Lease
Contact for pricing
5225 Exploration Dr, Indianapolis, IN 46241
Class A lab and office suites with plentiful parking and a spacious outdoor patio alongside a paved walking trail.
Space Size1,044 SF
Days on Market966
Property Features for 5225 Exploration Dr
General Information
Standard status
Active
Size
1,044 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Park Fletcher
Spaces For Lease
at 5225 Exploration Dr
5225 Exploration Dr
AVAILABLE, Now
Floor
1
Size
1,044 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Sublease
No
- Enterprising Ownership
- Responsive, Local Property Management
- Plentiful Parking
- Spacious Outdoor Patio
- Situated Alongside Paved Walking Trail
- Traditional Office suites available with opportunities to build out Lab and R&D spaces
- Class A 54,000 SF lab and office building
Contact us
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Jeff Merritt · License #RB14033827
(317) 269-1040
Source:
Moodyscre
Added: Mar 6, 2024
Changed: Oct 25
Last Checked: Oct 28 at 10:52AM
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 CBRE | Indianapolis
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Investment Insights
Based on property information with market context.
This Class A lab and office building offers traditional office suites with opportunities to build out lab and R&D spaces, supported by on-site lab/office infrastructure. The property also includes a spacious outdoor patio and plentiful parking for day-to-day tenant needs.
Located at 5225 Exploration Dr in Indianapolis, the building sits alongside a paved walking trail, providing an outdoor setting for employees and visitors.
With responsive, local property management and flexible suite availability, the building is positioned for users looking for office space that can accommodate lab and R&D buildouts.
Located at 5225 Exploration Dr in Indianapolis, the building sits alongside a paved walking trail, providing an outdoor setting for employees and visitors.
With responsive, local property management and flexible suite availability, the building is positioned for users looking for office space that can accommodate lab and R&D buildouts.
Key Highlights
- Class A 54,000 SF lab and office building with traditional office suites available
- Spacious outdoor patio for tenants
- Plentiful parking on site
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$19.1 /SF/Yr
Avg Asking Price
$16–$28 /SF/Yr
Price Range
10,476 SF
Avg Space Size
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Office building - Class A lab and office suites with plentiful parking and a spacious outdoor patio alongside a paved walking trail.
Where is this office building located?
The property is located at 5225 Exploration Dr Indianapolis, IN.
What are key features of this property?
This property features: Class A 54,000 SF lab and office building with traditional office suites available; Spacious outdoor patio for tenants; Plentiful parking on site
