Building Details

Building Size 57,964 SF

Year Built 1967

Listing Agency: Keller Williams Indy South m***@kw.com Show Phone

Listed By: Morgan Mathauer · License #RB23000355

Source: Evrealestate

Added: Aug 8 Changed: Aug 11 Last Checked: Aug 11 at 6:55AM

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Investment Insights

Based on property information with market context.

This office unit is located at 5401 S East Street, Suite 203, in Indianapolis. The property was built in 1967 and carries C3 zoning, providing a defined commercial-use designation for the premises.

The location is in Marion County and can be readily located using GPS navigation. The suite is offered for rent.

Key Highlights

• Suite 203 at 5401 S East Street, Indianapolis, IN 46227
• C3 zoning designation
• Property built in 1967

Property Analytics

Property Profile

Current Use

Lynn Annette P ... Physician Vonnie Lute Agency, ... Insurance Agency Perfect Balance Day ... Alternative Medicine Practice Law Office of Daniel ... Law Firm Mojo Art Department Store

Suggested Use

Top Pick Dental Office Restaurant Auto Parts Store Gym & Fitness Center Garden Center Storage Facility

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

634

Businesses Nearby

Explore this area Business Placement

Demographics for 46227, IN

62,126

Population

26,411

Households

2.4

Avg Household Size

33

Median Age

21%

College-Educated

83%

High-School Grad

16.7 sq mi

ZIP Area

3,720

Density / Sq Mi

$50,993

Median Household Income

$35,591

Median Earnings

$994

Median Rent

$192,600

Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$38.08 /SF/Yr

Avg Asking Price

$12–$275 /SF/Yr

Price Range

10,144 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

Questions? Ask Rey

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

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office unit in an established commercial property with C3 zoning.

Where is this office units located?

The property is located at 5401 S East Street 203 Indianapolis, IN.

What is the lease rate?

The lease rate is $1,125/Mo.

What are key features of this property?

This property features: Suite 203 at 5401 S East Street, Indianapolis, IN 46227; C3 zoning designation; Property built in 1967