Garden-Style Office
5640-5650 Caito Dr, Indianapolis, IN 46226
For Lease
Contact for pricing
Multi-tenant workspace offers private offices, open areas, conference space, and on-site parking.
Space Size8,540 SF
Days on Market100
Property Features for 5640-5650 Caito Dr
General Information
Standard status
Size
Property subtype
Lease Type
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Space Use
Building Details
Tenancy
Spaces For Lease
at 5640-5650 Caito Dr
Building 2
$15/SF/Yr
Floor
1
Size
8,540 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- New ownership and management
- New updates including parking lot, landscaping and exterior improvements garden style suites
- Convenient access to Shadeland Avenue and minutes from I-465 and I-70
- Easy commute to Downtown Indianapolis
- Central northeast location serving a broad employee base
- Nearby retail, restaurants, and service amenities
Multi-tenant office building with flexible suite sizing options
- Mix of private offices, open work areas, and conference space
- Ample on-site parking for tenants and visitors
Professionally managed property
- Strong value proposition for cost-conscious users
Contact us
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 454-7171
Listed By:
Matt Ferguson · License IN RB17000936
(317) 679-4046
Source:
Moodyscre
Added: Aug 7
Changed: Nov 8
Last Checked: Nov 12 at 9:42AM
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.
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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
$19.23 /SF/Yr
Avg Asking Price
$16–$28 /SF/Yr
Price Range
11,802 SF
Avg Space Size
This space is priced 22% below the average of $19.23 /SF/Yr.
Properties on Market for Office buildings in Indianapolis
Vacancy Rate% for Office in Indianapolis, IN
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
