Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2435 Sherman Dr Indianapolis, IN 46218

    Sponsored
    For Lease
    Contact for pricing

    Indianapolis Office Space - 1,650 sq ft Available

    Lot size:
    40,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Brightwood Plaza, located at 2435 N Sherman Dr in Indianapolis, Indiana, presents a unique opportunity for businesses seeking office space. This single-story, 40,900 square foot building, constructed in 1966, offers a traditional office setting within a larger retail complex. Currently, 1,650 square feet of space is available for lease, ideal for a variety of businesses. The property sits on 5.167 acres of land and boasts ample parking for tenants and their clients. The building is classified as Class C and features a single building with no elevators. The property's address is 2435 N Sherman Dr, Indianapolis, IN 46218, and its Marion County APN is 49-07-28-131-003.000-101. This endcap space provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent location. The property's multiple tenancy structure offers a diverse and vibrant business environment. This is an excellent opportunity to secure office space in a well-established Indianapolis location.

    Property Features for 2435 Sherman Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,900 SF
    Class
    C

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,650 SF

    HighLights

    • 1,650 SF suite with drive‑thru access.
    • Safeway‑anchored shopping center.
    • Located directly across from the new Martindale‑Brightwood Branch of the Indianapolis Public Library.
    • Convenient I‑70 access and close proximity to downtown Indianapolis.
    • Extensive parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mattress Makers Bed Shop Metro by T-Mobile Cell Phone Store Safeway Supermarket Instant Tax Service Tax Preparation ACE Cash Express Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop 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
    -86.10165167
    Latitude
    39.80253961

    Nearby Similar for Lease

    • $18 SF/Yr
      16,840 SF

      Versatile Flex Space in Indianapolis

      Multi-tenant industrial/office/flex space for lease in Indianapolis.
      9130 Otis Ave, Indianapolis, IN 46216
      View Details
    • $6,500 /Mo
      4,249 SF

      Indianapolis Office Space For Lease

      Office space for lease with excellent visibility and flexible layout.
      4521 Independence Sq, Indianapolis, IN 46203
      View Details
    • $5,385 /Mo
      51,420 SF

      Professional Office Space Near I-65

      3,800 SF office space near Franciscan Health and I-65.
      5136 E Stop 11 Rd, Indianapolis, IN 46237
      View Details
    • $1,565 /Mo
      1,876 SF

      Retail Space in High-Visibility Center

      1876 sq ft retail space available in Indianapolis, IN.
      5002 Madison Ave, Indianapolis, IN 46227
      View Details
    • $1,700 /Mo
      10,924 SF

      Retail Space in High-Visibility Center

      Retail space available in a high-traffic Indianapolis location.
      5002 Madison Ave, Indianapolis, IN 46227
      View Details
    • $3,000 /Mo
      1,708 SF

      Refurbished Commercial Space on Main

      Renovated commercial space suitable for office, retail, or studio.
      7601 Michigan Rd, Indianapolis, IN 46268
      View Details
    • $1,850 /Mo
      8,293 SF

      Indianapolis Office Space For Lease

      Office space for lease near Greenwood Park Mall.
      8915 S Keystone Ave, Indianapolis, IN 46227
      View Details
    • $2,250 /Mo
      10,800 SF

      High-Visibility Retail Space Available

      Prime commercial space in a high-traffic Indianapolis location.
      7017 Pendleton Pike, Indianapolis, IN 46226
      View Details
    • $790 /Mo
      12,209 SF

      Indianapolis Office with Flexible Terms

      Office space with utilities included and flexible lease terms.
      6767 E Washington St, Indianapolis, IN 46219
      View Details
    • $2,250 /Mo
      8,000 SF

      Renovated Office Space Available

      Newly renovated office space in a high-traffic Indianapolis location.
      3802 W 96Th St, Indianapolis, IN 46268
      View Details
    • $1,250 /Mo
      68,825 SF

      Retail Space in Indianapolis

      920 SF retail space available for lease in Indianapolis.
      6350 Westhaven Dr, Indianapolis, IN 46254
      View Details
    • $1,850 /Mo
      1,600 SF

      Renovated Office Space Near Mall

      Recently renovated 1,600 SF office space near Greenwood Park Mall.
      8915 S Keystone Ave, Indianapolis, IN 46227
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Indianapolis Office Space - 1,650 sq ft Available
    Where is this office property / space located?
    The property is located at 2435 Sherman Dr Indianapolis, IN.
    What are key features of this property?
    This property features: 1,650 SF suite with drive-thru access.; Safeway-anchored shopping center.; Located directly across from the new Martindale-Brightwood Branch of the Indianapolis Public Library.
    Request Owner's contact information
    2435 Sherman Dr Indianapolis, IN 46218
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2435 Sherman Dr
    Indianapolis, IN 46218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2435 Sherman Dr Indianapolis, IN 46218
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.