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Move-In Ready Office Suite
For Lease
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5226 S East St, Indianapolis, IN 46227

Office suite available for lease, refreshed with new paint and carpet and ready for immediate move-in.

Space Size765 SF
Days on Market864

Property Features for 5226 S East St

General Information

Standard status Active
Size 765 SF
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 5226 S East St Contact us

Park 31 South - Building A $14.50/SF/Yr

Floor
1
Size
765 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Special lease rates for 1st year! - Move-in ready - New ownership - New paint &...
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Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Moodyscre
Added: May 3, 2024 Changed: Sep 10 Last Checked: Sep 12 at 10:28AM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This move-in ready office suite is offered for lease and features updates that include new paint and new carpet. The space is under new ownership, and the interior condition is set up for tenants looking to start promptly.

The property is located at 5226 S East St in Indianapolis, about six miles from Downtown Indianapolis. With its office layout and refreshed finishes, the suite may be suitable for businesses seeking an established suburban setting with straightforward move-in readiness.

Key Highlights

  • Office suite for lease with new paint and new carpet
  • Move‑in ready for immediate occupancy
  • Special lease rates available for the 1st year

Property Analytics

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Current Use

Sanctuary Counseling Center Counselor Simple Mobile Dealer Electronics & Wireless Store Attentive Personal Care Home Health Care Service Wilson Melton, LLC Law Firm Inter-State Studio Photography Service

Suggested Use

Top Pick Auto Parts Store Dental Office HVAC Service Gym & Fitness Center Garden Center Real Estate Agency

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
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

$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 SF
Avg Space Size

This space is priced 47% below the average of $27.49 /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 - Office suite available for lease, refreshed with new paint and carpet and ready for immediate move-in.
Where is this office units located?
The property is located at 5226 S East St Indianapolis, IN.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Office suite for lease with new paint and new carpet; Move‑in ready for immediate occupancy; Special lease rates available for the 1st year
(317) 679-4046 Call to check price and availability
More about this property
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