Search
Conditioned Flex Warehouse Office
For Lease
Contact for pricing

5235 Commerce Circle, Indianapolis, IN 46237

Fully conditioned flex space with clear-span warehouse area, 13'8"–15'8" ceilings, and two drive-in doors.

Space SizeContact for details
Days on Market50

Property Features for 5235 Commerce Circle

General Information

Standard status Active
Property subtype Industrial

Warehouse & Industrial

Clear Height 15 ft
Drive-In Doors 2
Heavy Power Yes
Listing Agency: CBRE | Indianapolis
Listed By: Sarah Greer
Source: Cbre
Added: Jun 23 Changed: Aug 11 Last Checked: Aug 11 at 6:44PM

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

Investment Insights

Based on property information with market context.

This for-lease flex warehouse includes approximately 6,000 SF of conditioned office and warehouse space. The warehouse area features 13'8" to 15'8" clear height, clear span construction with no internal columns, and multiple electric drops. Utilities include (2) 200 amp, 3-phase, 120/240-volt power per panel. Two drive-in doors are available, each measuring 10' x 12', and the space is equipped with floor drains.

The property is located at 5235 Commerce Circle in Indianapolis, IN 46237. Access is supported by the two drive-in doors, which are well suited for receiving, loading, and in-and-out operations.

For tenants needing both office functionality and practical warehouse improvements, this space offers heat and cool throughout the warehouse and a clear-span layout to support a range of storage and light production uses. The combination of multiple electric drops, substantial power, and floor drains adds operational flexibility for day-to-day workflows.

Key Highlights

  • 6,000 SF available office/flex space with fully conditioned warehouse area
  • Clear span warehouse with no internal columns
  • Ceiling height 13'8"–15'8" clear

Property Analytics

Current Use

Safety Vehicle Emblem ... Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Auto Parts Store Kitchen & Bath Showroom 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

15 ft
Clear height
2
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby
Under-served
Demand for This Use

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

$20.07 /SF/Yr
Avg Asking Price
$1.17–$95.52 /SF/Yr
Price Range
17,019 SF
Avg Space Size

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Venture Catering 8028 s emerson ave suite r, indianapolis, in 46237

Frequently Asked Questions

What type of property is this?
Flex space - Fully conditioned flex space with clear-span warehouse area, 13'8"–15'8" ceilings, and two drive-in doors.
Where is this flex space located?
The property is located at 5235 Commerce Circle Indianapolis, IN.
What are key features of this property?
This property features: 6,000 SF available office/flex space with fully conditioned warehouse area; Clear span warehouse with no internal columns; Ceiling height 13'8"–15'8" clear
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message