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5915 N College Ave
Indianapolis, IN 46220
The Reliant · Office Property For Sale
Executive Summary
EXCELLENT SECOND FLOOR OWNER-OCCUPANT OPPORTUNITY
UNIQUE CONTEMPORARY BUILDING IN THE
HEART OF SOUTH BROAD RIPPLE (SOBRO)
• AVAILABLE: Office building/space
in 6,631± SF RELIANT BUILDING
constructed in 2016 in Broad Ripple/
SoBro area
» LEASED: first level 2,750± SF
» AVAILABLE: second level 2,402± SF
plus 628± SF balcony patio (3,030±
SF total)
» LEASED: lower level 851± SF (optional
for new tenant spillover or storage)
• First Merchants Bank (first level tenant)
just renewed lease for 5 years.
• 15 surface parking spaces (3 reserved for
bank) along with street parking
• Zoned MU-1 (Mixed-Use 1 District)
accommodates retail/commercial and
residential uses
• Second floor is available for an owner-
occupant for operations/investment to
continue operating as office suites or
convert to residential.
• Second floor space has several private
offices, common reception/lounge area,
kitchenette, restrooms and balcony patio
with lots of natural light.
• Distinctive two-story construction with
quality Class A finishes and state-of-the-
art construction
• Common areas (1,200± SF total) include
a kitchenette, lounge and balcony patio
overlooking College Ave.
• Great visibility on College Ave with
nearby traffic counts estimated at
45,000+ cars per day at convergence of
College Ave and Kessler Blvd
• Currently locally owned and managed
UNIQUE CONTEMPORARY BUILDING IN THE
HEART OF SOUTH BROAD RIPPLE (SOBRO)
• AVAILABLE: Office building/space
in 6,631± SF RELIANT BUILDING
constructed in 2016 in Broad Ripple/
SoBro area
» LEASED: first level 2,750± SF
» AVAILABLE: second level 2,402± SF
plus 628± SF balcony patio (3,030±
SF total)
» LEASED: lower level 851± SF (optional
for new tenant spillover or storage)
• First Merchants Bank (first level tenant)
just renewed lease for 5 years.
• 15 surface parking spaces (3 reserved for
bank) along with street parking
• Zoned MU-1 (Mixed-Use 1 District)
accommodates retail/commercial and
residential uses
• Second floor is available for an owner-
occupant for operations/investment to
continue operating as office suites or
convert to residential.
• Second floor space has several private
offices, common reception/lounge area,
kitchenette, restrooms and balcony patio
with lots of natural light.
• Distinctive two-story construction with
quality Class A finishes and state-of-the-
art construction
• Common areas (1,200± SF total) include
a kitchenette, lounge and balcony patio
overlooking College Ave.
• Great visibility on College Ave with
nearby traffic counts estimated at
45,000+ cars per day at convergence of
College Ave and Kessler Blvd
• Currently locally owned and managed
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,630 SF
Building Class
A
Year Built
2016
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,315 SF
Slab To Slab
9’
Building FAR
0.19
Lot Size
0.81 AC
Zoning
C-2 - Commercial
Parking
18 Spaces (2.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Storage Space
- Bicycle Storage
- Central Heating
- Fully Carpeted
- Secure Storage
- Air Conditioning
Property Taxes
| Parcel Number | 49-06-01-162-005.000-801 | Improvements Assessment | $919,500 |
| Land Assessment | $111,900 | Total Assessment | $1,031,400 |
Property Taxes
Parcel Number
49-06-01-162-005.000-801
Land Assessment
$111,900
Improvements Assessment
$919,500
Total Assessment
$1,031,400
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