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Retail Space with Overhead Door
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5255 Winthrop Ave, Indianapolis, IN 46220

Build-out phase offers flexible planning for open retail, event, office, storage, and support areas.

Space Size35,873 SF
Days on Market56

Property Features for 5255 Winthrop Ave

General Information

Standard status Active
Size 35,873 SF
Property subtype Retail

Site & Location

Neighborhood Meridian Kessler

Spaces For Lease

at 5255 Winthrop Ave
Suite 700 Active
Size 35,873 SF
Contact us
Listing Agency: Scott Lindenberg
Listed By: Scott Lindenberg, CCIM · License #IN RB14030885
Source: Crexi
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 28 at 6:35AM

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 Scott Lindenberg

Rey
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Investment Insights

Based on property information with market context.

Suite 700 is in the build-out phase, giving a future occupant the opportunity to shape the interior around its needs. The planned layout includes a large open front-of-house area, an event or conference room near the south entrance, a spacious rear area, and a separate office or storage room. Support features include a bathroom with shower and multiple access points.

The space has two exterior entrances along with an interior entry to a shared bathroom area. A larger overhead door opens toward the Monon Trail and brings additional natural light into the premises. The opening also supports potential patio seating, subject to the applicable design and approval requirements.

Key Highlights

  • Build‑out phase allows a new tenant to plan the interior around its needs
  • Large open front‑of‑house area plus a separate event or conference room
  • Rear area includes office or storage space and a bathroom with shower

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Indy Home Shop Real Estate Agency DeveloperTown (Bike/Boat/Book/etc) Store Senler Studio Advertising Agency FullStack PEO Employment Agency Whelhaus Co. Business Management Consultant

Suggested Use

Top Pick HVAC Service Building Supply Law Firm Pharmacy Auto Parts 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 46220, IN

36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Indianapolis, IN

$19.33 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
9,257 SF
Avg Space Size

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Build-out phase offers flexible planning for open retail, event, office, storage, and support areas.
Where is this retail space located?
The property is located at 5255 Winthrop Ave Indianapolis, IN.
What are key features of this property?
This property features: Build‑out phase allows a new tenant to plan the interior around its needs; Large open front‑of‑house area plus a separate event or conference room; Rear area includes office or storage space and a bathroom with shower
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