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2,257 Commercial Real Estate Listings in Indianapolis, IN

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  • HPG Greenwood Corner Shops - Indianapolis

    HPG Greenwood Corner Shops

    8701 US Highway 31 South, Winchester Village, Indianapolis, IN
    For Lease
    • $16/SF/YR
    Property
    • Retail
    • 50,739 SF
    Availability
    • 1 Space
    • 3,600 SF
    Year Built
    • 1985
    View Details
  • HPG Center at Stop 11 - Indianapolis

    HPG Center at Stop 11

    2348 East Stop 11 Road, Southport, Indianapolis, IN
    For Lease
    • $14/SF/YR
    Property
    • Retail
    • 41,150 SF
    Availability
    • 2 Spaces
    • 6,228 SF
    Year Built
    • 1999
    View Details
  • Realtors Bldg - Indianapolis

    Realtors Bldg

    143 W Market St, Wholesale District, Indianapolis, IN
    For Lease
    • $19.5/SF/YR
    Property
    • Office
    • 46,800 SF
    Availability
    • 1 Space
    • 2,799 SF
    Year Built
    • 1928
    View Details
  • Industrial Sublease Near Indianapolis International Airport - Indianapolis

    Industrial Sublease Near Indianapolis International Airport

    4310 Stout Field N Dr, Drexel Gardens, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 133,000 SF
    View Details
  • 8150 Brookville Road - Indianapolis

    8150 Brookville Road

    8150 Brookville Road, Mayfair Village, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 36,195 SF
    Availability
    • 1 Space
    • 36,195 SF
    Year Built
    • 2002
    View Details
  • 1059 Virginia Avenue - Indianapolis

    1059 Virginia Avenue

    1059 Virginia Avenue, Fountain Square, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 4,259 SF
    Availability
    • 1 Space
    • 4,592 SF
    Year Built
    • 1925
    View Details
  • Three Parkwood Crossing - Indianapolis

    Three Parkwood Crossing

    450 East 96th Street, College Commons, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 123,464 SF
    Availability
    • 1 Space
    • 6,918 SF
    Year Built
    • 1997
    View Details
  • Keystone Crossing - Indianapolis
    Coworking

    Keystone Crossing

    Regus
    8888 Keystone Crossing Suite 1300, Indianapolis, IN
    Services
    • Virtual Office
    • Open Workspace
    • Event Space
    • Meeting Room
    • Private Office
    Amenities
    View Details
  • Regency Centre - Indianapolis

    Regency Centre

    8202 Clearvista Pkwy, Castle Ridge, Indianapolis, IN
    For Lease
    • $17.25/SF/YR
    Property
    • Office
    • 53,600 SF
    Availability
    • 2 Spaces
    • 3,200 SF
    Year Built
    • 1985
    View Details
  • 96th St Commerce Park - Indianapolis

    96th St Commerce Park

    4141, Keystone at the Crossing, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 313,099 SF
    View Details
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  • 1031-1037 N Girls School Rd - Indianapolis

    1031-1037 N Girls School Rd

    1031-1037 N Girls School Rd, Farleys Speedway Homeplace, Indianapolis, IN
    For Sale
    • $45,000
    Property
    • Retail
    • 7 SF
    Year Built
    • 1975
    View Details
  • Prologis Park 100 | Building 21 - Indianapolis

    Prologis Park 100 | Building 21

    5801 West 82nd Street, Park 100, Indianapolis, IN
    For Lease
    • $6/SF/YR
    Property
    • Industrial
    • 108,800 SF
    Availability
    • 1 Space
    • 32,000 SF
    View Details
  • 1200 S Madison Ave - Indianapolis

    1200 S Madison Ave

    1200 S Madison Ave, Old Southside, Indianapolis, IN
    For Lease
    • $17.5/SF/YR
    Property
    • Office
    • 170,211 SF
    Availability
    • 3 Spaces
    • 38,285 SF
    Year Built
    • 1927
    View Details
  • River Crossing at Keystone - Indianapolis
    Coworking

    River Crossing at Keystone

    Regus
    3815 River Crossing Parkway Suite 100, Indianapolis, IN
    Services
    • Virtual Office
    • Open Workspace
    • Event Space
    • Meeting Room
    • Private Office
    View Details
  • 9100 Meridian Square Bldg 50 - Indianapolis

    9100 Meridian Square Bldg 50

    50 East 91st Street, College Commons, Indianapolis, IN
    For Lease
    • $21.5/SF/YR
    Property
    • Office
    • 36,138 SF
    Availability
    • 1 Space
    • 578 SF
    Year Built
    • 1974
    View Details
  • Office Suites - Near Greenwood Park Mall - Indianapolis

    Office Suites - Near Greenwood Park Mall

    8915 Keystone Avenue, Rosewood, Indianapolis, IN
    For Lease
    • $13.97 - $14/SF/YR
    Property
    • Office
    • 8,000 SF
    Availability
    • 3 Spaces
    • 4,169 SF
    Year Built
    • 1985
    View Details
  • City Center - Indianapolis
    Coworking

    City Center

    Regus
    201 North Illinois Street Suite 1600, South Tower, Indianapolis, IN
    Services
    • Virtual Office
    • Open Workspace
    • Event Space
    • Meeting Room
    • Private Office
    Amenities
    View Details
  • 8945 N Meridian St - Indianapolis

    8945 N Meridian St

    8945 N Meridian St, Pennsylvania Heights, Indianapolis, IN
    For Lease
    • $19/SF/YR
    Property
    • Office
    • 25,345 SF
    Availability
    • 2 Spaces
    • 6,780 SF
    View Details
  • 2902 North Meridian Street - Indianapolis

    2902 North Meridian Street

    2902 North Meridian Street, United Northwest, Indianapolis, IN
    For Lease
    • $17.5/SF/YR
    Property
    • Office
    • 6,828 SF
    Availability
    • 1 Space
    • 6,828 SF
    Year Built
    • 1911
    View Details
  • Loft Space in Popular Fountain Square - Indianapolis

    Loft Space in Popular Fountain Square

    1030 Orange St, Fountain Square, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 3,600 SF
    View Details
  • Warehouse Space Available in Stout Field Industrial Park - Indianapolis

    Warehouse Space Available in Stout Field Industrial Park

    1740 Stout Field E Dr, Drexel Gardens, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 58,783 SF
    View Details
  • Lakefront at Keystone - Lakefront 1 & 11 - Indianapolis

    Lakefront at Keystone - Lakefront 1 & 11

    9465 Counselors Row, Keystone at the Crossing, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 131,987 SF
    Availability
    • 2 Spaces
    • 5,815 SF
    Year Built
    • 1993
    View Details
  • Naab Road Medical Center - 8220 & 8260 Naab Road - Indianapolis

    Naab Road Medical Center - 8220 & 8260 Naab Road

    8220 Naab Road, Westchester Estates, Indianapolis, IN
    For Lease
    • $21/SF/YR
    Property
    • Office
    • 56,173 SF
    Availability
    • 2 Spaces
    • 3,148 SF
    Year Built
    • 1978
    View Details
  • Western Select, Bldg 20 - Indianapolis

    Western Select, Bldg 20

    2525 N Shadeland Ave, Arlington Woods, Indianapolis, IN
    For Lease
    • $13.5/SF/YR
    Property
    • Office
    • 160,000 SF
    Availability
    • 1 Space
    • 15,572 SF
    Year Built
    • 1949
    View Details
  • 8435 Shelby St - Indianapolis

    8435 Shelby St

    8435 Shelby St, Winchester Village, Indianapolis, IN
    For Lease
    • $14/SF/YR
    Property
    • Office
    • 25,600 SF
    Availability
    • 1 Space
    • 25,600 SF
    Year Built
    • 1997
    View Details
  • 3015-3017 S Holt Road - Indianapolis

    3015-3017 S Holt Road

    3015-3017 S Holt Road, Mars Hill, Indianapolis, IN
    For Sale
    • $500,000
    Property
    • Retail
    • 6,156 SF
    Year Built
    • 1950
    View Details

Indianapolis, IN Commercial Real Estate

There are currently 2,277 commercial listings available in Indianapolis, IN. These listings include 1,292 commercial spaces that encompass a total of 15,128,943 square feet. Available commercial spaces in Indianapolis, IN range in size from 1 square feet to 584,820 square feet. A total of 1,542 off-market commercial properties located in Indianapolis, IN are also available for research.

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Indianapolis, IN Commercial Real Estate Market Overview

Location Photo

The statistical metropolitan area that has grown from and around Indianapolis is home to more than 2 million residents. Although frequently overlooked in rankings of the country’s strongest labor markets due to its traditionally more modest growth rates, Indianapolis stands as one of the most important economic engines in the midwestern region. Top sectors of the city’s diverse economy include finance; insurance; manufacturing; professional and business services; and healthcare.

Following the decline in heavy manufacturing at the close of the great Industrial Age, services replaced manufacturing as the largest sector of the local economy. In particular, biological sciences became a main focus of development efforts. Indianapolis commercial real estate caters to a diverse mix of industries and is home to leading producers of pharmaceuticals, musical instruments, electrical products and mobile phones. Real estate, insurance and financial services are the main drivers of the services sector, followed by professional and technical services.

Indianapolis, IN Commercial Inventory Breakdown

In 2022 the Indianapolis, IN commercial real estate market totaled 43,210,754 square feet of office spaces, 26,611,076 square feet of office spaces with retail, and 125,456,750 square feet of industrial space.

Office Spaces

Total: 43,210,754 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 14,223,948 SqFt 32.92% of total office
100k to 500k SqFt 22,920,561 SqFt 53.04% of total office
500k to 1M SqFt 4,913,445 SqFt 11.37% of total office
> 1M SqFt 1,152,800 SqFt 2.67% of total office
By class:
Class A 16,865,494 SqFt 39.03% of total office
Class B 22,390,123 SqFt 51.82% of total office
Class C 1,377,241 SqFt 3.19% of total office
Roughly 11.37% of the total office space in Indianapolis, IN is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 32.92% of the office inventory.

Class A office space holds a 39.03% share of the overall Indianapolis, IN office market, while Class B office assets make up approximately 51.82%.

Industrial

Total: 125,456,750 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 23,606,477 SqFt 18.82% of total industrial
100k to 500k SqFt 61,061,396 SqFt 48.67% of total industrial
500k to 1M SqFt 21,358,393 SqFt 17.02% of total industrial
> 1M SqFt 19,430,484 SqFt 15.49% of total industrial
By class:
Class A 33,938,070 SqFt 27.05% of total industrial
Class B 82,443,089 SqFt 65.71% of total industrial
Class C 4,797,067 SqFt 3.82% of total industrial
There are 61,061,396 square feet of commercial real estate properties between 100k to 500k square feet, representing 48.67% of the Indianapolis, IN industrial inventory. Class A assets total 33,938,070 square feet of industrial space, with an additional 82,443,089 square feet of Class B and 4,797,067 square feet of Class C properties.

Office Spaces with Retail

Total: 26,611,076 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 6,689,752 SqFt 25.14% of total office with retail
100k to 500k SqFt 17,414,774 SqFt 65.44% of total office with retail
500k to 1M SqFt 1,306,550 SqFt 4.91% of total office with retail
> 1M SqFt 1,200,000 SqFt 4.51% of total office with retail

Indianapolis, IN Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Indianapolis, IN Office 385 7,064,695
Indianapolis, IN Retail 129 1,262,141
Indianapolis, IN Industrial 144 6,799,334
Indianapolis, IN Other 761 15,191,773
Ofice Icon

385

Office

Industrial Icon

144

Industrial

Retail Icon

129

Retail

Current local active listing encompass 30,317,943 square feet of commercial space for lease in Indianapolis. There are 385 active office listings, which amount to 7,064,695 square feet and account for 27% of commercial spaces on the market. Local retail availability includes 1,262,141 square feet across 129 listings. Current industrial offerings on the market amount to 6,799,334 square feet across a total of 144.

Employment in Indianapolis city, IN

Employed Population 423,370

Employed population - Industry % Distribution

Management, business, science, and arts occupations

37%

Sales and office occupations

21%

Production, transportation, and material moving occupations

18%

Service occupations

17%

Natural resources, construction, and maintenance occupations

8%

In 2020, roughly 37% of a total of 423,370 employed in Indianapolis city worked in Management, business, science, and arts occupations, followed by 21% in Sales and office occupations and 18% in Production, transportation, and material moving occupations.

Income per capita $29,008  Median household income $49,661

Household income

50%

Under $50k

30%

$50k - $100k

16%

$100k - $200k

4%

Over $200k

The median household income in Indianapolis city stands at $49,661, with per capita income at $29,008. Households earning between $50k and $100k represent 30% of the total, while those earning over $200k make up 4%. Approximately 50% of Indianapolis city households earn less than $50k per year.

Commuting in Indianapolis city, IN

Mean travel time to work 24 minutes

Means of transportation to work

80.90%

Driving alone

10.50%

Carpool

1.50%

Public transit

0.40%

Bicycle

2.00%

Walking

0.70%

Other

4.00%

Work at Home

*Universe: Workers 16 and over

Education in Indianapolis city, IN

High school grad or higher 87%

Bachelor's degree or higher 31%

Population by minimum level of education

13%

No degree

30%

High school

26%

Some College

20%

Bachelor's

11%

Post-grad

*Universe: Workers 25 and over

An estimated 87% of Indianapolis city residents aged 25 or over hold a high school degree or higher. Of those, 30% are high school graduates, 26% attended some college, 20% earned a bachelor's degree, with an additional 11% holding post-graduate degrees.

Indianapolis city, IN Demographics

As of 2020, Indianapolis city had a total population of 870,340, with a median age of 34.30 years. Roughly 66.30% of the total population was between the ages of 16 and 64 years old.

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