5902 Decatur Blvd

Off-Market

5902 Decatur Blvd, Indianapolis, IN 46241

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 368,160 SF
  • Lot Size 26.5 Acre
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2000

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Indianapolis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Indianapolis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.03
  • 2022 Office Vacancy Rate 21.26%
  • 2022 Office Completions (SF) 122,294

Indianapolis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $89.98
  • Y-o-Y Avg. PpSF Change -30.47%
  • 2022 Office Sales Volume $113.2M
  • 2022 Number of Transactions 21
View more Indianapolis market trends

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent

  • Transit Score ®

    23/100 Minimal Transit

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Ameriplex
  • Zip Code 46241
  • Market Indianapolis

Points of Interest

  • Indiana University/Riley

    9.55 miles

  • Indianapolis Union Station

    9.56 miles

  • Mobil

    0.51 miles

  • Circle K/Marathon

    1.23 miles

  • Circle K/Shell

    1.56 miles

  • BP

    2.06 miles

  • Shell

    2.14 miles

  • Speedway

    2.20 miles

  • Marathon

    2.52 miles

  • Phillips 66

    2.94 miles

  • Kroger

    3.03 miles

  • Meijer

    3.24 miles

  • FastPark & Relax

    0.57 miles

  • Employee Parking

    1.44 miles

  • Cell Phone Lot (overflow)

    1.51 miles

  • Cell Phone Lot

    1.55 miles

  • Visitor Parking

    1.55 miles

  • Truck Parking

    1.65 miles

  • Indianapolis International Airport - Economy Parking Lot

    1.97 miles

  • ATCT Parking

    1.99 miles

  • Indianapolis International Airport - Former Long Term Parking Lot

    2.16 miles

  • Indianapolis International Airport Parking Garage

    2.36 miles

  • Papa John's

    1.31 miles

  • Dunkin' Donuts

    1.34 miles

  • Subway

    1.57 miles

  • Rally's

    1.94 miles

  • Burger King

    2.18 miles

  • Harry and Izzy's

    2.43 miles

  • Starbucks - Circle City News

    2.43 miles

  • KFC

    2.46 miles

  • McDonald's

    2.48 miles

  • Nature's Table

    2.48 miles

  • Walmart Neighborhood Market

    2.27 miles

  • Fountain Square Market

    2.44 miles

  • Walmart Supercenter

    2.90 miles

  • The Shoppes at Perry Crossing

    3.73 miles

  • Target

    3.77 miles

  • Walmart Supercenter

    4.10 miles

  • ALDI

    4.12 miles

  • Aldi

    4.23 miles

  • Kroger

    4.36 miles

  • Kroger

    4.47 miles

  • Decatur Township Fire Station 773

    0.95 miles

  • Decatur Township Fire Station 771

    1.82 miles

  • Decatur Township Fire Station 772

    2.12 miles

  • IND Airport Fire Department - Station 1

    2.25 miles

  • Decatur Township Fire Department - Station #73

    2.27 miles

  • Indianapolis International Airport Police Department

    2.44 miles

  • Indianapolis Airport Police Department

    2.45 miles

  • Walmart Pharmacy

    2.83 miles

  • IND Airport Fire Station 2

    3.02 miles

  • CVS Pharmacy

    3.97 miles

Frequently Asked Questions

What is the total square footage of 5902 Decatur Blvd?

5902 Decatur Blvd totals 368,160 square feet.

When was this property built?

5902 Decatur Blvd was built in 2000.

What is the property tax for 5902 Decatur Blvd?

The property tax for 5902 Decatur Blvd in 2022 was $404,233.

What is the market value for 5902 Decatur Blvd?

The market value* for 5902 Decatur Blvd in 2022 was $13,029,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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