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Office Space Near Airport Access
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5420 W Southern Ave, Indianapolis, IN 46241

Well-located office space positioned for regional access near Indianapolis Airport.

Space Size1,097 SF - 4,186 SF
Property Size83,790 SF
Days on Market81

Property Features for 5420 W Southern Ave

General Information

Standard status Active
Size 1,097 SF - 4,186 SF
Class B
Property subtype Office

Building Details

Building Size 83,790 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 5420 W Southern Ave Contact us

Suite 100

Size
4,186 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 102

Size
2,240 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 103

Size
2,876 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 104

Size
2,044 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 105

Size
1,097 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 106

Size
3,607 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 304

Size
1,912 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Avison Young - Indianapolis
Listed By: Joel Miller · License #IN RB17000848
Source: Crexi
Added: Jun 4 Changed: Aug 12 Last Checked: Aug 22 at 5:29AM

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 Avison Young - Indianapolis

Investment Insights

Based on property information with market context.

This offering is office space for lease at 5420 W Southern Ave in Indianapolis, IN. The property is presented as a commercial office location suitable for businesses seeking a dedicated workspace.

The listing notes convenient access in the Indianapolis Airport area, positioning the space for companies that prioritize regional connectivity. While specific building features and suite configuration are not provided, the asset is marketed as an office option with airport-adjacent access.

For prospective tenants, this location may be a practical fit for teams that benefit from straightforward travel and regional reach. Interested parties should confirm current availability, suite details, and building amenities directly with the listing broker to ensure the space matches their operational requirements.

Key Highlights

  • Office space built in 1986
  • Office space near Indianapolis Airport with regional access

Property Analytics

Current Use

Zenith American Solutions Business Administration Service Belcan, LLC Consultant Staff America Inc. Employment Agency FedEx Drop Box Postal Service HireLevel. Employment Agency

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

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

$19.9 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,754 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Well-located office space positioned for regional access near Indianapolis Airport.
Where is this office building located?
The property is located at 5420 W Southern Ave Indianapolis, IN.
What are key features of this property?
This property features: Office space built in 1986; Office space near Indianapolis Airport with regional access
(317) 210-8803 Call to check price and availability
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