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Lawrence Village Flex Space Available
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9130 Otis Ave, Indianapolis, IN 46216

Multi-tenant industrial/office/flex space in Lawrence Village at Fort Harrison.

Space Size895 SF - 4,024 SF
Property Size16,840 SF
Lot Size1.00 Acre
Days on Market755

Property Features for 9130 Otis Ave

General Information

Standard status Active
Size 895 SF - 4,024 SF
Class C
Lot size 1.00 Acre
Property subtype Office, Industrial
Lease Type Gross

Building Details

Building Size 16,840 SF
Year Built 1908
Tenancy Multiple

Spaces For Lease

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Available Space 1

Availability
Active
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Available Space 4

Size
895 SF
Availability
Active
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Available Space 5

Size
1,280 SF
Availability
Active
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Available Space 6

Size
4,024 SF
Availability
Active
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Available Space 7

Size
3,251 SF
Availability
Active
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Listing Agency: KW Commercial / Keller Williams Indy Metro NE
Listed By: Rob Sorrell · License #RB14042253
Source: Crexi
Added: Aug 21, 2024 Changed: Sep 6 Last Checked: Sep 14 at 5:16AM

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 KW Commercial / Keller Williams Indy Metro NE

Investment Insights

Based on property information with market context.

Located in Lawrence Village at Fort Harrison, 9130 Otis Avenue offers +/- 16840 SF of multi-tenant industrial, office, and flex space. The property is conveniently situated just 2 miles from I-465, providing easy access to I-69, I-74, I-70, and I-65. There are currently four to five suites available, totaling roughly 13,848 SF, which can be combined or leased individually based on tenant requirements. This renovated multi-use complex sits on over an acre of developed land with ample common parking. The property has a history, having served as a horse stable and army barracks. The surrounding developed community offers a variety of dining options within walking distance, and Fort Harrison State Park is less than a mile away. The property is professionally managed and suitable for a wide variety of clientele in need of well-maintained, quality office, industrial, and flex space. Suites range from $18/SF/YR to $20.00/SF/YR (Gross Lease).

Key Highlights

  • Conveniently located just 2 miles from I‑465 with easy access to I‑69, I‑74, I‑70, and I‑65.
  • Flexible space:** Roughly 13,848 SF available, with four to five suites that can be combined or leased individually.
  • Multi‑use property suitable for industrial, office, or flex space.

Property Analytics

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Current Use

Embroidery! Sew Into ... Marketing & Advertising Cole Fitness Gym & Fitness Center Level365 Telecommunications Service Megan Skelding Physician PhaseForward Crisis Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store HVAC Service

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46216, IN

2,343
Population
1,509
Households
1.6
Avg Household Size
47
Median Age
52%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
756
Density / Sq Mi
$56,838
Median Household Income
$44,399
Median Earnings
$1,282
Median Rent
$253,800
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

$11.78 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
10,036 SF
Avg Space Size

This space is priced 53% above the average of $11.78 /SF/Yr.

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
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  • MOO & LOU FROZEN TREATS 5645 N Post Rd Ste. B, Indianapolis, IN 46216
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant industrial/office/flex space in Lawrence Village at Fort Harrison.
Where is this flex space located?
The property is located at 9130 Otis Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Conveniently located just 2 miles from I‑465 with easy access to I‑69, I‑74, I‑70, and I‑65.; Flexible space:** Roughly 13,848 SF available, with four to five suites that can be combined or leased individually.; Multi‑use property suitable for industrial, office, or flex space.
(317) 509-7943 Call to check price and availability
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