Multi-Suite Office
For Lease
Contact for pricing
5420 N College Ave, Indianapolis, IN 46220
Flexible office configuration with private restrooms, generous windows, and parking for employees and visitors.
Space Size646 SF
Property Size18,000 SF
Days on Market2134
Property Features for 5420 N College Ave
General Information
Standard status
Active
Size
646 SF
Class
C
Property subtype
Office
Lease Type
Modified Gross
Additional Details
Space Use
Office
Amenities
private restrooms
abundant natural light
Building Details
Building Size
18,000 SF
Year Built
1954
Tenancy
Multiple
Spaces For Lease
at 5420 N College Ave Contact us- Size
- 646 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
LL7 $15/SF/Yr
Listing Agency:
RP Lux Company
Listed By:
Stephen Flanagan · License #IN rb16001253
Source:
Crexi
Added: Oct 27, 2020
Changed: Aug 30
Last Checked: Aug 30 at 12:12AM
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 RP Lux Company
Investment Insights
Based on property information with market context.
The 1954 office building offers multiple private work areas within a flexible full-building configuration. Private restrooms and large windows add practical functionality and abundant daylight throughout the workspace. The layout can accommodate one business occupying the building or multiple businesses using separate office areas.
Located at 5420 N College Ave in Indianapolis, the property is in the Broad Ripple area and is close to restaurants, retail, and business services. On-site parking supports daily access for employees and visitors.
Located at 5420 N College Ave in Indianapolis, the property is in the Broad Ripple area and is close to restaurants, retail, and business services. On-site parking supports daily access for employees and visitors.
Key Highlights
- Multiple office areas within a full‑building configuration
- Private restrooms for tenants and guests
- Large windows provide abundant natural light
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
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
$20.48 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,891 SF
Avg Space Size
This space is priced 27% below the average of $20.48 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration with private restrooms, generous windows, and parking for employees and visitors.
Where is this office building located?
The property is located at 5420 N College Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Multiple office areas within a full‑building configuration; Private restrooms for tenants and guests; Large windows provide abundant natural light
