Garden-Style Office
New
For Lease
Contact for pricing
5640-5650 Caito Dr, Indianapolis, IN 46226
Multi-tenant workspace offers private offices, open areas, conference space, and on-site parking.
Space Size8,540 SF
Days on Market5
Property Features for 5640-5650 Caito Dr
General Information
Standard status
Active
Size
8,540 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Office
Building Details
Tenancy
Multi
Spaces For Lease
at 5640-5650 Caito Dr Contact us- Floor
- 1
- Size
- 8,540 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
Building 2 $15/SF/Yr
- New ownership and management
- New updates including parking lot, landscaping and...
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Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 679-4046
Listed By:
Matt Ferguson · License #RB17000936
(317) 679-4046
Source:
Moodyscre
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 3:20AM
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 Premier Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This multi-tenant office property contains flexible suite options within an 8,540-square-foot building. Interior configurations include private offices, open work areas, and conference space, supporting varied workplace layouts. Recent property improvements include work to the parking lot, landscaping, and exterior areas, with garden-style suites and professional management in place.
The property at 5640-5650 Caito Dr provides access to Shadeland Avenue and is minutes from I-465 and I-70. Downtown Indianapolis is within an easy commute, while nearby retail, restaurants, and service providers add convenience for occupants and visitors. On-site parking serves both tenant and visitor needs.
The property at 5640-5650 Caito Dr provides access to Shadeland Avenue and is minutes from I-465 and I-70. Downtown Indianapolis is within an easy commute, while nearby retail, restaurants, and service providers add convenience for occupants and visitors. On-site parking serves both tenant and visitor needs.
Key Highlights
- 8,540‑square‑foot multi‑tenant office building
- Flexible suite sizes with private offices, open work areas, and conference space
- Recent parking lot, landscaping, and exterior improvements
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$19.9 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,434 SF
Avg Space Size
This space is priced 25% below the average of $19.9 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant workspace offers private offices, open areas, conference space, and on-site parking.
Where is this office building located?
The property is located at 5640-5650 Caito Dr Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 8,540‑square‑foot multi‑tenant office building; Flexible suite sizes with private offices, open work areas, and conference space; Recent parking lot, landscaping, and exterior improvements
