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Flex Space Near Interstates
For Lease
$2,400/Mo

5315-5365 W Minnesota St, Indianapolis, IN 46241

Available flex space within Park Fletcher Business Park with access to I-465 and I-70.

Space SizeContact for details
Days on Market49

Property Features for 5315-5365 W Minnesota St

General Information

Standard status Active
Property subtype Industrial

Site & Location

Neighborhood Park Fletcher
Highway Access Yes
Listing Agency: Indianapolis
Listed By: Tyler Wilson
Source: Colliers
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 28 at 4:46AM

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 Indianapolis

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Flex space is available at Park Fletcher Business Park in Indianapolis. The property is addressed at 5315-5365 W Minnesota St and offers access to two major interstate routes, I-465 and I-70.

Key Highlights

  • Flex space available in Park Fletcher Business Park
  • Access to I‑465 and I‑70
  • Located at 5315‑5365 W Minnesota St, Indianapolis, IN 46241

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Indianapolis, IN

$12.36 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,406 SF
Avg Space Size

This space is priced 3% below the average of $12.36 /SF/Yr.

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Available flex space within Park Fletcher Business Park with access to I-465 and I-70.
Where is this flex space located?
The property is located at 5315-5365 W Minnesota St Indianapolis, IN.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Flex space available in Park Fletcher Business Park; Access to I‑465 and I‑70; Located at 5315‑5365 W Minnesota St, Indianapolis, IN 46241
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