Lawrence, IN Commercial Real Estate for Lease and Sale

Explore 26 listings of Lawrence commercial real estate to find the best space for your business.

9015 Pendleton Pike

9015 Pendleton Pike, South Harrison Park, Indianapolis, IN
Property

VacantLand
Availability

1 Space

66,211 SF
For Lease Contact for pricing
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4351-4375 Sellers Street, Near Northeast Business Center

4351-4375 Sellers Street, Allen and Sellers, Indianapolis, IN
Property

Industrial

31,192 SF
Availability

1 Space

10,000 SF
Year Built

1966
For Lease Contact for pricing
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9347 Pendleton Pike

9347 Pendleton Pike, South Harrison Park, Indianapolis, IN
Property

Industrial

513,732 SF
Availability

1 Space

510,989 SF
Year Built

2009
For Lease Contact for pricing
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Oaklandon Center

6314 Oaklandon Rd., Oaklandon, Indianapolis, IN
Property

Retail

10,510 SF
Availability

2 Spaces

1,800 SF
For Lease

$18.50/SF/YR
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Office Coworking Retail Industrial

Industrial Land
Sunnyside Shoppes

5845 Sunnyside Road, Winding Ridge, Indianapolis, IN
Property

Retail

100,000 SF
Availability

1 Space

5,000 SF
For Lease

$500.00/SF/YR
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5805-5811 North Post Road

5805-5811 North Post Road, North Harrison Park, Indianapolis, IN
Property

Office

5,600 SF
Availability

2 Spaces

2,800 SF
For Lease

$17.00/SF/YR
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4423 N Shadeland Avenue

4423 N Shadeland Ave, Shadeland, Indianapolis, IN
Property

Industrial

12,283 SF
Year Built

1978
For Sale

$1,199,000
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±12,540 SF with Outdoor Storage

4380 Sellers St, Allen and Sellers, Lawrence, IN
Property

Industrial
Availability

1 Space

12,540 SF
For Lease Contact for pricing
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Deme Industrial Park

10645 Deme Dr, Wynfield, Indianapolis, IN
Property

Industrial
Availability

1 Space

6,375 SF
For Lease Contact for pricing
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5645 N. Post Rd.

5645 N. Post Rd., North Harrison Park, Indianapolis, IN
Property

Retail

1,810 SF
Availability

1 Space

1,440 SF
For Lease Contact for pricing
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Land For Sale

9140 Harrison Park Dr, South Harrison Park, Indianapolis, IN
Property

VacantLand
For Sale

Subject To Offer
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9165 Otis Avenue
Yeager
9165 Otis Avenue, Indianapolis, IN
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Heating & A/C

High-speed internet

Mail services

Parking
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Esquire Plaza

8101 Pendleton Pike, Farmington Lakes, Indianapolis, IN
Property

Retail

179,307 SF
Availability

1 Space

1,640 SF
Year Built

1962
For Lease Contact for pricing
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5724 Birtz Rd

5724 Birtz Rd, North Harrison Park, Indianapolis, IN
Property

Office

19,096 SF
Availability

1 Space

19,096 SF
Year Built

2015
For Lease Contact for pricing
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9347 Pendleton Pike

9347 Pendleton Pike, South Harrison Park, Indianapolis, IN
Property

Industrial

532,062 SF
Year Built

2009
For Sale Contact for pricing
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± 13,354 Office Space Available for Sublease

6002 Sunnyside Rd, Kensington Commons, Indianapolis, IN
Property

Office
Availability

1 Space

13,354 SF
For Lease Contact for pricing
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9120 Otis Ave

9120 Otis Ave, North Harrison Park, Indianapolis, IN
Property

Office

13,000 SF
Availability

2 Spaces

13,000 SF
For Lease Contact for pricing
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9240 E 46th St

9240 E 46th St, South Harrison Park, Indianapolis, IN
Property

VacantLand

7.67 SF
For Sale Contact for pricing
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7950 Oaklandon Rd.

7950 Oaklandon Rd., Sunset Cove, Lawrence, IN
Property

VacantLand

392,040 SF
For Sale

Subject To Offer
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10930 East 59th Street

10930 East 59th Street, Kensington Commons, Indianapolis, IN
Property

VacantLand
Availability

1 Space

201,682 SF
For Lease Contact for pricing
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9215 Pendleton Pike

9215 Pendleton Pike, South Harrison Park, Indianapolis, IN
Property

VacantLand

6.01 Acre
For Sale Contact for pricing
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4180 Elmhurst Drive

4180 Elmhurst Drive, Shadeland Park, Indianapolis, IN
Property

Industrial

30,328 SF
Availability

1 Space

1,000 SF
Year Built

1960
For Lease

$12.00/SF/YR
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Esquire Plaza

8101–8401 Pendleton Pike, Farmington Lakes, Indianapolis, IN
Property

VacantLand

2.25 Acre
Availability

3 Spaces

2.25 Acre
Year Built

1962
For Lease Contact for pricing
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4555 N Shadeland Ave

4555 N Shadeland Ave, Shadeland, Indianapolis, IN
Property

Retail

13,687 SF
Availability

1 Space

13,000 SF
Year Built

1995
For Lease

$18.00/SF/YR
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Rare C7 Hard Corner on Pendleton Pike

10242 Pendleton Pike, Wynfield, Indianapolis, IN
Property

VacantLand

76,230 SF
For Sale

Subject To Offer
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Sunnyside Village Shoppes

10820 Pendleton Pike, Wynfield, Indianapolis, IN
Property

Retail

8,959 SF
Availability

1 Space

1,493 SF
For Lease

$19.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lawrence commercial real estate market incorporates 37,696 square feet of office space across 4 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lawrence commercial real estate market includes 315,766 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lawrence market, there is a total of 1,103,653 square feet of industrial property.

The listing inventory in Lawrence incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lawrence is represented by Industrial space, which accounts for 538,904 square feet of available listings. Office space available in Lawrence adds up to 48,250 square feet.

Meanwhile, most of the listings of commercial property for sale in Lawrence are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lawrence is $31.56 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lawrence can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lawrence, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lawrence is in the North Harrison Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the North Harrison Park area.

Meanwhile, retail space opportunities are most abundant in the Oaklandon submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Allen and Sellers.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $150 per square foot.

The average size of a commercial property in Lawrence depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lawrence, the average size of an office property is 12,566 square feet.
Retail properties here incorporate an average of 45,110 square feet.
Industrial space in Lawrence is in buildings that are, on average 220,731 square feet in size.

Lawrence, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lawrence currently add up to 980,923 square feet. The market offers 4 active office listing(s), which amount to 48,250 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 25,866 square feet across 7 retail space(s). Industrial space for rent opportunities in Lawrence amount to 540,904 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	48,250
Retail	7	25,866
Industrial	5	540,904
Other	3	365,903

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lawrence, IN. Currently, there is 1,012,629 square feet of commercial property for sale here , which includes 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	2	544,345
Other	5	468,284

Lawrence, IN Commercial Real Estate for Lease and Sale

9015 Pendleton Pike

4351-4375 Sellers Street, Near Northeast Business Center

9347 Pendleton Pike

Oaklandon Center

Sunnyside Shoppes

5805-5811 North Post Road

4423 N Shadeland Avenue

±12,540 SF with Outdoor Storage

Deme Industrial Park

5645 N. Post Rd.

Land For Sale

9165 Otis Avenue

Esquire Plaza

5724 Birtz Rd

9347 Pendleton Pike

± 13,354 Office Space Available for Sublease

9120 Otis Ave

9240 E 46th St

7950 Oaklandon Rd.

10930 East 59th Street

9215 Pendleton Pike

4180 Elmhurst Drive

Esquire Plaza

4555 N Shadeland Ave

Rare C7 Hard Corner on Pendleton Pike

Sunnyside Village Shoppes

Frequently Asked Questions

Lawrence, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lawrence, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lawrence, IN?

What factors affect the price of commercial real estate in Lawrence, IN?

What is the average rent for commercial space in Lawrence, IN?

What are the best areas for commercial real estate in Lawrence, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lawrence, IN?

Lawrence, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Retail Searches

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About us