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Property profile & analytics
FOR LEASE
Office Spaces

5726 Professional Cir Indianapolis, IN 46241

25,648 SF 1.93 ac lot Built 1972
Individually Owned 6-yr Hold Free & Clear
Property ID
US31-0540855
Property summary
AI-generated overview

This two-story, Class B office building, totaling 25,648 square feet, offers flexible lease options ranging from 900 to 12,500 contiguous square feet. Currently, 13,454 square feet are available for lease in this multiple-tenant building situated on a 1.93-acre lot. Built in 1972 and renovated in 2011, the property boasts recently upgraded features including a high-efficiency HVAC system and LED lighting, further enhanced by a Building Energy Management System. Enjoy the convenience of ample free parking and the prominent visibility afforded by its location on Sam Jones Expressway, providing easy access to I-465 and I-70. The property is strategically located just 8 minutes from Indianapolis International Airport and 15 minutes from downtown Indianapolis. Monument signage opportunities are available, and building signage is negotiable. The property is zoned I3, CS, and its APN is 49-12-24-102-012.000-900. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space with modern amenities.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 25,648 SF
Lot 1.93 ac (84,071 SF)
APN 49-12-24-102-012.000-900
UPID US31-0540855
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
  • Conway Consultants Consultant
  • Wynright Material Handling Equipment Supplier
  • U.S. Small Business Administration - Indianapolis Federal Government Office Business Development Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.16M
Owner & transaction history
Earl Wade Boulware Rev L & Tr Ll · 6 yrs held
Earl Wade Boulware Rev L & Tr Ll
since 2019
5 recorded transactions
2019
$1.3M
2019
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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