Freestanding Medical Office
5386 W 10th St, Indianapolis, IN 46224
For Lease
$16 SF/Yr NNN
The occupant has use of the full single-story property and a distinct building identity.
Space Size1,716 SF
Days on Market48
Property Features for 5386 W 10th St
General Information
Standard status
Size
Net Rentable
Lease Type
Space & Availability
Available Space
Contiguous Space
Space Use
Sublease
Lease Terms
Lease Rate
Monthly Rent
Rent per SF/Year
Lease Term
Site & Location
Neighborhood
Building Details
Year Built
Stories
Building Size
Listing Agency:
No Limit Real Estate, LLC
Listed By:
Charlene Gaard, Robert Gaard · License IN RB17001433
(317) 445-1095
Source:
Mcwatersrealestate
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 8 at 8:32AM
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 No Limit Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1,716-square-foot medical office property is a freestanding, single-story building built in 1946. The lease provides occupancy of the entire building, with an opportunity for signage. Its configuration is suited to medical, dental, therapy, wellness, or other professional office use, as stated for the property.
Located on Indianapolis’s west side near Speedway, the property has access to major thoroughfares. The proposed lease term is 3–5 years on an NNN basis; the tenant is responsible for real estate taxes, property insurance, lawn care, and utilities.
Located on Indianapolis’s west side near Speedway, the property has access to major thoroughfares. The proposed lease term is 3–5 years on an NNN basis; the tenant is responsible for real estate taxes, property insurance, lawn care, and utilities.
Key Highlights
- Freestanding, single‑story medical office building
- 1,716 square feet; built in 1946
- Exclusive occupancy of the entire building, with signage opportunity
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 46224, IN
38,822
Population
16,912
Households
2.3
Avg Household Size
32
Median Age
24%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
5,392
Density / Sq Mi
$53,731
Median Household Income
$35,726
Median Earnings
$1,048
Median Rent
$166,500
Median Home Value
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Market
Lease Benchmarks for Indianapolis, IN
$18.49 /SF/Yr
Avg Asking Price
$16–$21 /SF/Yr
Price Range
12,228 SF
Avg Space Size
This space is priced 13% below the average of $18.49 /SF/Yr.
Average Price Trend$/SF/Yr for Medical Office Space in Indianapolis, IN
Properties on Market for Medical Office Space in Indianapolis
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Medical Office Space - The occupant has use of the full single-story property and a distinct building identity.
Where is this medical office space located?
The property is located at 5386 W 10th St Indianapolis, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Freestanding, single‑story medical office building; 1,716 square feet; built in 1946; Exclusive occupancy of the entire building, with signage opportunity
