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Lafayette Road Commercial Space Available
For Lease
$20 SF/Yr

5445 Lafayette Road, Indianapolis, IN 46254

Shell condition space suitable for office, medical, or retail uses.

Space SizeContact for details
Property Size6,823 SF
Days on Market190

Property Features for 5445 Lafayette Road

General Information

Standard status Active
Size 6,823 SF
Property subtype Office

Building Details

Year Built 2016
Listing Agency: Coldwell Banker Kaiser
Listed By: David Bickell CCIM · License #IN #RB14036294
Source: Svn
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 4 at 4:11AM

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 Coldwell Banker Kaiser

Investment Insights

Based on property information with market context.

This commercial space, currently in shell condition, offers the incoming tenant the opportunity to customize a brand-new, first-generation space. Zoned C-1, the property can accommodate a variety of professional office, medical office, or retail uses. Constructed in 2016, the building is located at 5445 Lafayette Road on the west side of Indianapolis, inside Interstate 465. The property consists of 6823 square feet and features two suites, with one currently occupied. The location provides easy access to both Interstate 465 and Interstate 65, and is close to many local amenities. The lease is a Triple Net Lease (NNN).

Key Highlights

  • First‑generation space allows for complete customization.
  • Zoned C‑1, accommodating professional office, medical office, or retail uses.
  • Easy access to Interstate 465 & Interstate 65.

Property Analytics

Current Use

Larris-IFY Home Care ... Home Health Care Service

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Restaurant Auto Repair Shop Auto Parts Store

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

250
Businesses Nearby

Demographics for 46254, IN

40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$37.15 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
8,856 SF
Avg Space Size

This space is priced 46% below the average of $37.15 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Shell condition space suitable for office, medical, or retail uses.
Where is this office units located?
The property is located at 5445 Lafayette Road Indianapolis, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: First‑generation space allows for complete customization.; Zoned C‑1, accommodating professional office, medical office, or retail uses.; Easy access to Interstate 465 & Interstate 65.
More about this property
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