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Turnkey Medical Office Building
For Lease
$17 SF/Yr

6161 Hillside Avenue, Indianapolis, IN 46220

Fully renovated two-story office building with ADA upgrades, updated restrooms, vertical lift, and 60 surface parking spaces.

Space Size11,396 SF
Days on Market166

Property Features for 6161 Hillside Avenue

General Information

Standard status Active
Size 11,396 SF
Class A
Total Parking Spaces 60
Property subtype Office
Lease Term NNN

Site & Location

Neighborhood Broad Ripple
Road Access Yes

Additional Details

Furnished Yes

Building Details

Building Size 11,396 SF
Year Built 1968
Stories 2

Spaces For Lease

at 6161 Hillside Avenue Contact us

6161 Hillside Avenue, Indianapolis, IN $17/SF/Yr

Size 11,396 SF
Type Office Building
Contact us

Name

Type Space Type
Contact us
Listing Agency: ALO Property Group
Listed By: Ralph Balber · License #RB14044276
Source: Alopg
Added: May 15 Changed: Oct 25 Last Checked: Oct 26 at 1:40PM

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 ALO Property Group

Rey
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Investment Insights

Based on property information with market context.

This fully renovated, turnkey office building is set up for immediate occupancy, with included FF&E and support for day-to-day operations from the start. The property features a two-story layout designed to accommodate a single user or multiple uses, and recent improvements include ADA upgrades, a vertical lift installation, updated restrooms, and modernized building systems.

Access is direct to Keystone Avenue, with close proximity to Broad Ripple Avenue and Kessler Boulevard, and it is just minutes from Broad Ripple Village. The building also includes 60 surface parking spaces for employees and visitors.

As a two-story facility with recent accessibility and systems upgrades, the space is positioned to support healthcare, ABA, or general office use while reducing the need for significant upfront work.

Key Highlights

  • 11,396 SF two‑story office building built in 1968
  • Fully renovated with FF&E included for immediate occupancy
  • Recent ADA upgrades plus vertical lift installation

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

The Hatch- A Place to Create Business Service Center Quality Labor Management ... Employment Agency PANBlast: B2B SaaS ... Marketing & Advertising

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Plumbing Service

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
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

842
Businesses Nearby

Demographics for 46220, IN

36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$19.1 /SF/Yr
Avg Asking Price
$16–$28 /SF/Yr
Price Range
10,476 SF
Avg Space Size

This space is priced 11% below the average of $19.1 /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

Frequently Asked Questions

What type of property is this?
Office building - Fully renovated two-story office building with ADA upgrades, updated restrooms, vertical lift, and 60 surface parking spaces.
Where is this office building located?
The property is located at 6161 Hillside Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 11,396 SF two‑story office building built in 1968; Fully renovated with FF&E included for immediate occupancy; Recent ADA upgrades plus vertical lift installation
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