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Listed by Devan Lunceford • Totalis Real Estate Solutions
$ 2,100,000
Est. payment | /mo
11,100 SqFt
$ 2,100,000
Est. payment | /mo
11,100 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 11,100 sqft
Price per Sqft $189
MLS Listing ID 22072293
Year Built 2009
Tax Year 2024
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Industrial
Property Description
For Sale: 5210 Commerce Circle, Indianapolis, IN 46237. This 11,000 square foot commercial building offers a compelling investment with stable in-place tenancy and future upside. The property features three suites-A, B, and C-currently occupied by a home health care service and an automotive body shop, demonstrating the building's versatility for a wide range of service, professional, or light industrial users. Suite C is secured by a long-term lease at $85,000 per year for 12 years, with a market rate adjustment scheduled at Year 5. Suite A and B are leased by the same tenant, totaling $48,000 per year. Positioned just off Southport Road and Emerson Avenue, the property offers immediate access to I-65, I-465, and US-31, placing it within minutes of Downtown Indianapolis, Greenwood, Southport, and a rapidly growing network of commercial and residential development. The Southside market has seen consistent growth in population, traffic demand, and business expansion, making this location a strategic placement for both existing operations and future value appreciation. Nearby amenities include retail centers, restaurants, medical offices, logistics hubs, and major service providers, further enhancing tenant attraction and retention. This offering delivers a strong foundation of cash flow with long-term stability and clear upside potential-an attractive opportunity for investors seeking a proven commercial asset in a high-growth corridor.
Location
State IN
County Marion
Zoning C4
Interior
Heating Forced Air
Cooling Central Air
Equipment Varies by Unit
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Available
Roof Type Metal
Building
New Construction false
Schools
School District Franklin Township Com Sch Corp
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