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    5005 Stop 11 Rd Indianapolis, IN 46237

    For Lease
    $21 SF/Yr ($7,035 /Mo)

    4,020 SF Freestanding Office Building

    Lot size:
    4,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4,020-square-foot executive office building, constructed in 2005, presents a unique opportunity in the thriving south Indianapolis healthcare market. Situated on a 0.43-acre lot at 5005 E Stop 11 Rd, Indianapolis, IN 46237, this single-tenant property offers immediate occupancy. The building's convenient location in the southwest quadrant of Stop 11 Road and Emerson Avenue ensures high visibility and easy access for clients and employees. The 4,020 square feet of space is entirely vacant and ready for immediate customization. The building features a welcoming reception area, complemented by numerous private offices and exam rooms, making it ideally suited for medical practices or other professional businesses. The brick exterior provides a professional and durable aesthetic. The property's location within Marion County offers access to a robust infrastructure and a strong local economy. This freestanding building provides ample parking and excellent visibility, making it an attractive option for businesses seeking a prominent presence in a high-demand area. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a prime location.

    Property Features for 5005 Stop 11 Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,020 SF
    Total Rate
    7035

    Building Details

    Year Built
    2005

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,020 SF
    Rate per SF
    $21

    HighLights

    • Established chiropractic/medical office space.
    • Multiple exam rooms and private offices.
    • Excellent location with surrounding retail, medical, and dense residential areas.
    • High visibility across from Franciscan Health Hospital.
    • Free‑standing brick building.
    • Ample parking available via lease with adjacent property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Back to Health Chiropractor Select Physical Therapy Physical Therapist Michael Walsh Physical Therapist Robin Austin Occupational Therapist Mr. Darin Wettschurack Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0839142
    Latitude
    39.6502254

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    FAQs

    What type of property is this?
    Office Property / Space - 4,020 SF Freestanding Office Building
    Where is this office property / space located?
    The property is located at 5005 Stop 11 Rd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Established chiropractic/medical office space.; Multiple exam rooms and private offices.; Excellent location with surrounding retail, medical, and dense residential areas.
    Request Owner's contact information
    5005 Stop 11 Rd Indianapolis, IN 46237
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    Indianapolis, IN 46237
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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
    5005 Stop 11 Rd Indianapolis, IN 46237
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