Flex Building with Office and
For Lease
Contact for pricing
5312 N Keystone Ave, Indianapolis, IN 46220
Newly renovated free-standing flex building features office/showroom, mezzanine, and three drive-in doors.
Space Size5,200 SF
Days on Market130
Property Features for 5312 N Keystone Ave
General Information
Standard status
Active
Size
5,200 SF
Class
C
Total Parking Spaces
18
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
5,200 SF
Year Built
1963
Tenancy
Multiple
Spaces For Lease
at 5312 N Keystone Ave Contact us- Size
- 5,200 SF
- Availability
- Active
5312 N Keystone Ave
Listing Agency:
Allies Commercial Realty
Listed By:
Adam Stephenson · License #IN
(317) 908-6479
Source:
Crexi
Added: Apr 29
Changed: Sep 4
Last Checked: Sep 4 at 5:55AM
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 Allies Commercial Realty
Investment Insights
Based on property information with market context.
This newly renovated free-standing flex building offers a total of approximately 5,200 square feet, including about 1,600 square feet of office/showroom space and about 1,600 square feet of mezzanine area. The warehouse portion includes 13' clear height, three drive-in doors, and heavy electrical service rated at 400A/480V 3-phase. Recent upgrades include new warehouse heaters, fresh paint throughout, and a newly added overhead door.
The property is located on N Keystone Ave in Indianapolis and benefits from high traffic conditions along that corridor, with 33,500 AADT noted for the frontage. The building is zoned C-5.
For operations, the combination of office/showroom space, mezzanine, and multiple drive-in doors supports a range of light industrial and service-oriented uses suited to a flex configuration.
The property is located on N Keystone Ave in Indianapolis and benefits from high traffic conditions along that corridor, with 33,500 AADT noted for the frontage. The building is zoned C-5.
For operations, the combination of office/showroom space, mezzanine, and multiple drive-in doors supports a range of light industrial and service-oriented uses suited to a flex configuration.
Key Highlights
- 5,200 SF flex building for lease on high‑traffic N Keystone Ave (33,500 AADT)
- Includes 1,600 SF office/showroom plus 1,600 SF mezzanine and 13' clear height
- Three drive‑in doors, including a brand‑new 10' x 12' overhead door
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Lease Benchmarks for Indianapolis, IN
$18.4 /SF/Yr
Avg Asking Price
$4.16–$95.52 /SF/Yr
Price Range
14,692 SF
Avg Space Size
This space is priced 51% below the average of $18.4 /SF/Yr.
Vacancy Rate% for Industrial in Indianapolis, IN
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Similar Off Market Nearby
- Black Plate Catering — 2025 E 46th St, Indianapolis, IN 46205
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- Mills Catering LLC — 2828 E 55th Pl, Indianapolis, IN 46220
Frequently Asked Questions
What type of property is this?
Flex space - Newly renovated free-standing flex building features office/showroom, mezzanine, and three drive-in doors.
Where is this flex space located?
The property is located at 5312 N Keystone Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 5,200 SF flex building for lease on high‑traffic N Keystone Ave (33,500 AADT); Includes 1,600 SF office/showroom plus 1,600 SF mezzanine and 13' clear height; Three drive‑in doors, including a brand‑new 10' x 12' overhead door
