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Office Units with Suite Access
For Lease
$3,355/Mo

6423 S East Street, Indianapolis, IN 46227

Commercial Lease, Indianapolis, IN

Space SizeContact for details
Lot Size1.81 Acres
Days on Market468

Property Features for 6423 S East Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CS
Elementary school district Perry Township Schools
Middle school district Perry Township Schools
High school district Perry Township Schools
Directions GPS Friendly
Subdivision 4907 - Marion - Perry
Standard status Active
APN 491412139021000500
Lot size 1.81 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Sw1/4 Ne1/4 S12 T14 R3 Beg 320.59' N & 7.24' Eof Sw Cor N 178' E 304.63' N 86.48' Nerly247.40' S 520.80' Nwrly 88.34' W 290' To Beg1.811 Acres
Tax Annual Amount 27838
Legal Description Pt Sw1/4 Ne1/4 S12 T14 R3 Beg 320.59' N & 7.24' Eof Sw Cor N 178' E 304.63' N 86.48' Nerly247.40' S 520.80' Nwrly 88.34' W 290' To Beg1.811 Acres

Amenities

direct suite access
abundant on-site parking
close proximity to the interstate
frontage on US 31 South

Building Details

Year built 1996
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Josie Lavey · License #RB20001480,INDIANA
Added: Jun 2, 2025 Changed: Sep 9 Last Checked: Sep 12 at 2:06AM
MLS# 22042689

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office-unit property provides adaptable commercial space within a 1.81-acre site. Floor plans support open office arrangements and can accommodate customized layouts. Each suite has direct access, while on-site parking adds practical convenience. The property was built in 1996 and carries CS zoning.

Frontage along US 31 South connects the site with I-465 and places it 6 miles from Downtown Indianapolis. Ownership and management have been in place since 2021, providing an established leasing setting for businesses seeking office space with flexible configuration options.

Key Highlights

  • 1.81‑acre office property with adaptable floor plans
  • Direct access to individual suites
  • Frontage on US 31 South

Property Analytics

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Open Analytics

Current Use

Box David F ... Ophthalmologist Keely D. Allen, ... Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
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

$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 SF
Avg Space Size

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 - Flexible commercial suites with on-site parking, US 31 frontage, and convenient access toward I-465.
Where is this office units located?
The property is located at 6423 S East Street Indianapolis, IN.
What is the lease rate?
The lease rate is $3,355/Mo.
What are key features of this property?
This property features: 1.81‑acre office property with adaptable floor plans; Direct access to individual suites; Frontage on US 31 South
More about this property
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