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    5445 Lafayette Rd Indianapolis, IN 46254

    For Lease
    $20 SF/Yr ($11,371 /Mo)

    Modern Office, 3,435 SF Available

    Lot size:
    6,823 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This single-story, 6,823 square foot office building, constructed in 2017, presents a unique leasing opportunity in Indianapolis, Marion County. The property is zoned C-1 and features two suites, with one suite currently vacant, offering 3,435 square feet of shell space ready for immediate tenant build-out. This Class A space is ideal for a variety of uses, including traditional office or medical office practices, given its dual subtype designation. The building boasts convenient access to major roadways, enhancing its accessibility and appeal. While there are no elevators, the single-story design ensures easy navigation. The property's location provides excellent visibility and accessibility for clients and employees. This is a prime opportunity to secure a modern, well-located office space in a thriving area. The vacant suite offers significant flexibility for customization to meet specific business needs. Interested parties should act quickly to secure this exceptional space. The property consists of one building with a total of 6,823 square feet.

    Property Features for 5445 Lafayette Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,823 SF
    Total Rate
    11371.67

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Larris Place
    Size
    3,435 SF
    Rate per SF
    $20

    HighLights

    • 6,823 SF office building in Marion County, Indiana.
    • The property consists of one single‑story building with two suites.
    • 3,435 SF of vacant space is available for lease.
    • Built in 2017, the building is zoned C‑1.
    • No elevators are present.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Larris-IFY Home Care ... Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2602598
    Latitude
    39.8507175

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    FAQs

    What type of property is this?
    Medical office - Modern Office, 3,435 SF Available
    Where is this medical office located?
    The property is located at 5445 Lafayette Rd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 6,823 SF office building in Marion County, Indiana.; The property consists of one single-story building with two suites.; 3,435 SF of vacant space is available for lease.
    Request Owner's contact information
    5445 Lafayette Rd Indianapolis, IN 46254
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    Indianapolis, IN 46254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5445 Lafayette Rd Indianapolis, IN 46254
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