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Two-Story Atrium Office Building
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5420 W Southern Ave, Indianapolis, IN 46241

Office suites set within a bright two-story atrium and a landscaped campus with a scenic pond.

Property Size68,611 SF
Days on Market344

Property Features for 5420 W Southern Ave

General Information

Standard status Active
Size 68,611 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

two-story atrium
landscaped campus featuring a scenic pond
Listing Agency: JLL | Indianapolis
Listed By: Stan Burton · License #RB18001133
Source: Moodyscre
Added: Aug 21, 2025 Changed: Jul 30 Last Checked: Jul 30 at 4:13AM

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 JLL | Indianapolis

Investment Insights

Based on property information with market context.

Park Fletcher Office Park offers a variety of office suites with flexible floor plates designed to accommodate diverse tenant needs. The property features a striking two-story atrium that creates a bright, professional environment throughout the building.

The landscaped campus includes a scenic pond, and the location provides convenient regional connectivity. The property is immediately accessible to I-465 and I-70, with downtown Indianapolis about 14 minutes away. There are 15 hotels within a five-minute drive, and quick access to Indianapolis International Airport supports business travel.

Tenants and visitors benefit from ample free parking on-site. With multiple suite options and a campus setting, this location is suited for office users looking for straightforward access and a polished work environment.

Key Highlights

  • 68611 SF office building at Park Fletcher Office Park
  • Striking two‑story atrium for a bright, professional interior
  • Landscaped campus with a scenic pond

Property Analytics

Current Use

Zenith American Solutions Business Administration Service Belcan, LLC Aerospace Company 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

Yes
Highway access

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Office suites set within a bright two-story atrium and a landscaped campus with a scenic pond.
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: 68611 SF office building at Park Fletcher Office Park; Striking two‑story atrium for a bright, professional interior; Landscaped campus with a scenic pond
(317) 810-7178 Call to check price and availability
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