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Flexible Office/Retail Suite
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870 Virginia Ave, Indianapolis, IN 46203

Office space for lease with a flexible layout and on-site parking in the Fountain Square area of Indianapolis.

Space Size2,133 SF
Days on Market161

Property Features for 870 Virginia Ave

General Information

Standard status Active
Size 2,133 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Highway Access Yes

Spaces For Lease

at 870 Virginia Ave Contact us

870 Virginia Ave $21/SF/Yr

Floor
Bldg
Size
2,133 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- +/- 2,100 SF office space available for lease - Ideal for office, service, and...
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Listing Agency: SVN | Northern Commercial
Listed By: Jess Lawhead, CCIM · License #RB14047741
Source: Moodyscre
Added: Apr 4 Changed: Sep 7 Last Checked: Sep 11 at 6:39AM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

An approximately 2,100 SF office space is available for lease, offering a flexible layout designed to accommodate a variety of business needs. The property includes on-site parking and provides convenient access for tenants and visitors.

Located in the Fountain Square area, the property is described as providing strong visibility and being just minutes from Interstate 65 and Interstate 70 for quick connections to major transportation routes.

Operating expenses include trash service, mowing, and utilities.

Key Highlights

  • 2,100 SF office space available for lease in the Fountain Square area of Indianapolis
  • Flexible layout suited for office, service, or small retail users
  • On‑site parking available

Property Analytics

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Open Analytics

Current Use

FS Houses Real Estate Agency Joel Aguilar - Indianapolis ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Pet Grooming Service Pet Store & Service Clothing & Fashion 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
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
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

This space is priced 24% below the average of $27.49 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office space for lease with a flexible layout and on-site parking in the Fountain Square area of Indianapolis.
Where is this office units located?
The property is located at 870 Virginia Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 2,100 SF office space available for lease in the Fountain Square area of Indianapolis; Flexible layout suited for office, service, or small retail users; On‑site parking available
(317) 454-2241 Call to check price and availability
More about this property
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