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Property profile & analytics
OFF-MARKET
Office Spaces

5214-5226 East St Indianapolis, IN 46227

41,104 SF Built 1978
Property ID
Property summary
AI-generated overview

Park 31 South, located at 5214-5226 S East St, Indianapolis, IN 46227, offers a unique opportunity to lease prime office space. This Class B property, built in 1978, boasts a total of 41,104 square feet spread across five buildings (A, B, C, D, & E). Currently, 594 square feet of move-in ready space is available for lease. The property is ideally suited for executive, medical, professional, or dental office uses, offering multiple tenancy options. The park-like setting provides convenient parking and easy access for clients and employees. Each suite features ample natural light from abundant windows and flexible floor plans allowing for customized build-outs to meet specific business needs. Special first-year lease rates are available. This Marion County location provides a variety and flexibility in a single, prime location. The property is situated at 39.6908562 latitude and -86.149301 longitude.

Property profile
Verified
Property type Office Spaces
Year built 1978
Total area 41,104 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Park 31 South Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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