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  1. Office Space
  2. IN
  3. Indianapolis

5103 Madison Ave

For Lease 5,900 SF

5103 Madison Ave, Indianapolis, IN 46227

Positioned on Indianapolis’s south side, the property offers access to a well-established area with a strong mix of business, retail, dining, and everyday conveniences. Nearby destinations include the University of Indianapolis, Garfield Park, and St. Francis Hospital, along with Southport’s retail and service corridor. Downtown Indianapolis is also within convenient reach, placing employers near the city’s government, cultural, and business centers.Skip the buildout and move right in! This nearly 6,000sf fully furnished office is ready for a business that wants a professional setup without starting from scratch. The space offers 10 private offices, including 3 executive offices, conference room with TV input for presentations and team meetings, plus a break room with a full kitchen. Separate men’s and women’s restrooms each feature dual stalls, and there’s plenty of parking for both employees and clients. The layout works well for a law firm, engineering or architectural office, accounting firm, insurance agency, financial services group, consulting firm, or other professional office user. Convenient access to I-465 while Madison Avenue provides a straight shot into Downtown Indianapolis. Bring your team, plug in, and get to work!

Key features

  • 10 Private Offices
  • Ample Parking
  • Break Room with Full Kitchen
  • Conference Rooms with Media

Rental Details

  • Number of spaces 1
  • Total square feet available 5,900 SF
  • For Lease $19.50/SF/YR
  • Space Type Office
  • Lease Type Modified Gross
  • Latest Update Oct 19, 2026
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1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
5103 Madison Ave Office $19.50/SF/YR 5,900 SF - Modified Gross

5103 Madison Ave

Space Type

Office

Lease Rate

$19.50/SF/YR

Additional Rent

Price on request

Total Space Available

5,900 SF

Divisible Space

5,900 - 5,900 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

5103 Madison Ave

Space Type
Office
Lease Rate
$19.50/SF/YR
Total Space
5,900 SF
Lease Type
Modified Gross
Space Type

Office

Lease Rate

$19.50/SF/YR

Additional Rent

Price on request

Total Space Available

5,900 SF

Divisible Space

5,900 - 5,900 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

broker
Shelly Johnson

Keller Williams Indy Metro South

Building Details

  • For Lease $19.50/SF/YR
  • Property Type Office - General Office
  • Property Size 11,220 SF
  • Lot Size 1.96 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970
  • Date Updated Oct 19, 2026

Location

  • City Indianapolis, IN
  • Neighborhood Edgewood
  • Zip Code 46227
  • Market Indianapolis
  • Map
  • Street
  • Walk score 54/100 Somewhat Walkable
  • Transit score 26/100 Some Transit
  • Bike score 49/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

0.35 miles

BP

1.32 miles

GetGo

1.36 miles

Shell

1.68 miles

Electrify America

2.76 miles

Tesla Supercharger

3.02 miles

ChargePoint

4.82 miles

Tesla Destination Charger

6.97 miles

Visitor

1.20 miles

ADA Parking

1.49 miles

Knight's Inn Check-In Parking

2.84 miles

Large Vehicle Parking Lot

2.86 miles

Truck Parking

2.87 miles

Lot C

4.70 miles

LaRosa South

4.73 miles

Lot 43 South

4.76 miles

Lot 48

4.78 miles

Lot 98

4.81 miles

Truckomat Truck Wash

2.76 miles

Blue Beacon

2.85 miles

Dependable Sandblast Corp

2.98 miles

XTRA Lease Indianapolis

4.43 miles

Budget

4.46 miles

Avis

4.46 miles

Crew Carwash

5.03 miles

BlueIndy

5.37 miles

Enterprise

6.31 miles

Crew Car Wash

6.52 miles

Arby's

0.76 miles

Wendy's

0.79 miles

McDonald's

0.79 miles

Tandoori Flame

1.11 miles

KFC

1.25 miles

Qdoba

1.26 miles

Books and Brews

1.32 miles

Burger King

1.61 miles

Papa John's

1.85 miles

Metro Diner

2.19 miles

Aithawng Asia Grocery

0.21 miles

21 Asian Grocery

0.34 miles

Big Lots

0.39 miles

Kroger

0.82 miles

Walmart Neighborhood Market

1.58 miles

Lemro Asian Grocery Store

1.93 miles

Ram Tha Asian Grocery

1.93 miles

Ti Ti Asian Grocery

2.11 miles

Lelen Asian Grocery Store

2.14 miles

Walmart Supercenter

2.20 miles

Perry Township Fire Station 661

0.28 miles

University of Indianapolis Health Pavilion

1.17 miles

Indianapolis Fire Station 26

1.22 miles

University of Indianapolis Police Department

1.27 miles

Perry Township Fire Station 664

2.62 miles

Perry Township Fire Station 662

2.71 miles

Adult & Child Primary care at Garfield Park

2.84 miles

CVS Pharmacy

2.88 miles

Beech Grove Fire Station 102

3.04 miles

Indianapolis Fire Station 29

3.22 miles

Listing Summary

  • Asking Prices

    At 5103 Madison Ave, the asking rate for office space for lease starts at $19.50/SF/YR.

  • Available Office Space

    Office space currently available at 5103 Madison Ave adds up to a total of 5,900 square feet across 1 space.

    Property use types available for lease at this property include: office.

  • Property Details

    The property incorporates a total of 11,220 square feet of space.

    Interested in researching more about this property? Access in-depth research on 5103 Madison Ave, including ownership details, transaction history, property characteristics, by creating a free account and viewing the full property report.

Contact Shelly Johnson
broker
Shelly Johnson

Keller Williams Indy Metro South

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