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Two Park Fletcher 5420 W Southern Ave 83,790 SF 89% Leased 4-Star Office Building Indianapolis, IN 46241 For Sale

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Investment Highlights

  • Located just 14 minutes from downtown Indianapolis.
  • Only 10 minutes from Indianapolis International Airport.
  • Immediate access to I-465 and I-70 for regional connectivity.
  • Surrounded by 15 hotels within a five-minute drive.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
83,790 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1986
Percent Leased
89%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
20,947 SF
Slab To Slab
9’
Building FAR
0.37
Lot Size
5.25 AC
Zoning
C5 - General Commercial District
Parking
223 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Waterfront
  • Atrium

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 4,186 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 102
  • 2,240 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 105
  • 1,097 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 304
  • 1,912 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 4,186 SF Office - Now
1st Fl-Ste 102 2,240 SF Office - Now
1st Fl-Ste 105 1,097 SF Office - Now
3rd Fl-Ste 304 1,912 SF Office - Now

1st Fl-Ste 100

Size
4,186 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 102

Size
2,240 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 105

Size
1,097 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 304

Size
1,912 SF
Space Use
Office
Condition
-
Available
Now

Property Taxes

Property Taxes

Parcel Number
49-12-24-103-023.000-900
Land Assessment
$279,800
Improvements Assessment
$2,904,700
Total Assessment
$3,184,500
  • Listing ID: 37162585

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 5420 W Southern Ave, Indianapolis, IN 46241

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