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2,239 Commercial Real Estate Listings in Indianapolis, IN

  • Fishers - Indianapolis
    Coworking

    Fishers

    Regus
    10475 Crosspoint Blvd. Suite 250, Indianapolis, IN
    Services
    • Virtual Office
    • Open Workspace
    • Private Office
    • Dedicated Desk
    Amenities
    View Details
  • HPG Greenwood Corner Shops - Indianapolis
    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
    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
  • Keystone Office Centre - Indianapolis
    8365 Keystone Crossing, Keystone at the Crossing, Indianapolis, IN
    For Lease
    • $25.5/SF/YR
    Property
    • Office
    • 59,577 SF
    Availability
    • 1 Space
    • 2,774 SF
    Year Built
    • 2003
    View Details
  • Georgetown Business Center - Indianapolis
    7210-7220 Georgetown Rd, Park 100, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 6,000 SF
    View Details
  • WFYI Headquarters Building - Indianapolis
    1630 N Meridian St, Herron - Morton Place, Indianapolis, IN
    For Lease
    • $17.5/SF/YR
    Property
    • Office
    • 94,000 SF
    Availability
    • 1 Space
    • 3,871 SF
    Year Built
    • 1964
    View Details
  • 8150 Brookville Road - Indianapolis
    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
  • Development Opportunity in Cumberland - Indianapolis
    US HWY 40 & Yorkshire Blvd Indianapolis, Cumberland, Indianapolis, IN
    For Sale
    • Contact for pricing
    Property
    • Mixed Use
    • 4.15 Acre
    View Details
  • Truck Terminal with Excellent Interstate Access - Indianapolis
    1859 Production Dr, Drexel Gardens, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 16,192 SF
    View Details
  • Heritage Park III - Indianapolis
    6602 E 75th St, Devonshire, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 9,414 SF
    View Details
  • Western Select, Bldg 20 - Indianapolis
    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
  • 5757 Decatur Blvd - Indianapolis
    5757 Decatur Blvd, Ameriplex, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 88,499 SF
    Availability
    • 2 Spaces
    • 38,771 SF
    Year Built
    • 2002
    View Details
  • Park 100 Building 97 - Indianapolis
    5110-5188 W 74th St, Park 100, Indianapolis, IN
    For Lease
    • $5.5/SF/YR
    Property
    • Industrial
    • 280,800 SF
    Availability
    • 1 Space
    • 100,800 SF
    Year Built
    • 1994
    View Details
  • Brookside Industrial Centre - Indianapolis
    1761 N Sherman Drive, Brookside Sunny Grove, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 35,814 SF
    Year Built
    • 1987
    View Details
  • Realtors Bldg - Indianapolis
    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
  • 4213 E. 62nd St - Indianapolis
    4213 E. 62nd St, Glendale, Indianapolis, IN
    For Lease
    • $20/SF/YR
    Property
    • Retail
    • 5,120 SF
    Availability
    • 1 Space
    • 1,800 SF
    Year Built
    • 1976
    View Details
  • E 65th Street - Indianapolis
    5150-5158 E 65th St, Allisonville, Indianapolis, IN
    For Sale
    • Contact for pricing
    Property
    • Industrial
    • 21,389 SF
    View Details
  • Southside Development Opportunity - Indianapolis
    514 E Hanna Ave, North Perry, Indianapolis, IN
    For Sale
    • $895,900
    Property
    • Mixed Use
    • 2.39 Acre
    View Details
  • 8500 Keystone Crossing - Indianapolis
    8500 Keystone Crossing, Keystone at the Crossing, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 100,084 SF
    Availability
    • 7 Spaces
    • 32,483 SF
    Year Built
    • 1894
    View Details
  • Wildcat Shops - Indianapolis
    5650 South Franklin Road, Wildcat Run, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Retail
    • 9,000 SF
    Availability
    • 1 Space
    • 1,400 SF
    View Details
  • 2002 Wellesley Blvd - Indianapolis
    2002 Wellesley Blvd, Tempo North, Indianapolis, IN
    For Sale
    • $2,100,000
    Property
    • Office
    • 39,718 SF
    Year Built
    • 1991
    View Details
  • 104 Granby Dr Ste C & D - Indianapolis
    102-104 Granby Dr, Cumberland, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 1,100 SF
    Availability Contact for availability
    Year Built
    • 1991
    View Details
  • 5640 Caito Dr. - Indianapolis
    5640 Caito Dr., Wallingwood, Indianapolis, IN
    For Sale
    • Subject To Offer
    Property
    • Office
    • 11,200 SF
    Year Built
    • 1980
    View Details
  • Light Industrial For Lease — Cardinal | Stos Flex Portfolio - Indianapolis
    Cardinal | Stos Industrial Portfolio Indianapolis, Wholesale District, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 65,073 SF
    View Details
  • Castleton Park - Building 35 - Indianapolis
    8020 Castleway Drive, Castleton, Indianapolis, IN
    For Lease
    • $10.5/SF/YR
    Property
    • Office
    • 48,446 SF
    Availability
    • 2 Spaces
    • 9,492 SF
    Year Built
    • 1978
    View Details
  • 714 North Senate Avenue - Indianapolis
    714 North Senate Avenue, The Canal and White River State Park, Indianapolis, IN
    For Lease
    • Contact for pricing
    Property
    • Office
    • 67,119 SF
    Availability
    • 1 Space
    • 3,917 SF
    Year Built
    • 1990
    View Details

Indianapolis, IN Commercial Real Estate

There are currently 2,248 commercial listings available in Indianapolis, IN. These listings include 1,243 commercial spaces that encompass a total of 15,603,653 square feet. Available commercial spaces in Indianapolis, IN range in size from 1 square feet to 584,820 square feet. A total of 1,530 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 43,301,100 square feet of office spaces, 26,164,511 square feet of office spaces with retail, and 126,653,994 square feet of industrial space.

Office Spaces

Total: 43,301,100 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 14,314,294 SqFt 33.06% of total office
100k to 500k SqFt 22,920,561 SqFt 52.93% of total office
500k to 1M SqFt 4,913,445 SqFt 11.35% of total office
> 1M SqFt 1,152,800 SqFt 2.66% of total office
By class:
Class A 16,865,494 SqFt 38.95% of total office
Class B 22,390,123 SqFt 51.71% of total office
Class C 1,467,587 SqFt 3.39% of total office
Roughly 11.35% 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 33.06% of the office inventory.

Class A office space holds a 38.95% share of the overall Indianapolis, IN office market, while Class B office assets make up approximately 51.71%.

Industrial

Total: 126,653,994 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 23,924,958 SqFt 18.89% of total industrial
100k to 500k SqFt 61,940,159 SqFt 48.91% of total industrial
500k to 1M SqFt 21,358,393 SqFt 16.86% of total industrial
> 1M SqFt 19,430,484 SqFt 15.34% of total industrial
By class:
Class A 34,350,310 SqFt 27.12% of total industrial
Class B 82,756,193 SqFt 65.34% of total industrial
Class C 4,797,067 SqFt 3.79% of total industrial
There are 61,940,159 square feet of commercial real estate properties between 100k to 500k square feet, representing 48.91% of the Indianapolis, IN industrial inventory. Class A assets total 34,350,310 square feet of industrial space, with an additional 82,756,193 square feet of Class B and 4,797,067 square feet of Class C properties.

Office Spaces with Retail

Total: 26,164,511 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 6,699,638 SqFt 25.61% of total office with retail
100k to 500k SqFt 16,958,323 SqFt 64.81% of total office with retail
500k to 1M SqFt 1,306,550 SqFt 4.99% of total office with retail
> 1M SqFt 1,200,000 SqFt 4.59% 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 373 7,562,918
Indianapolis, IN Retail 135 1,240,201
Indianapolis, IN Industrial 135 6,754,285
Indianapolis, IN Other 737 15,630,003
Ofice Icon

373

Office

Industrial Icon

135

Industrial

Retail Icon

135

Retail

Current local active listing encompass 31,187,407 square feet of commercial space for lease in Indianapolis. There are 373 active office listings, which amount to 7,562,918 square feet and account for 27% of commercial spaces on the market. Local retail availability includes 1,240,201 square feet across 135 listings. Current industrial offerings on the market amount to 6,754,285 square feet across a total of 135.

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.

Market News

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