Office for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46260
  • Size: 62,000 SF
  • Year built: 2024

Description

Office and Medical space located directly off of the highly trafficked W 86th Street. Located directly across from Ascension St. Vincent's Hospital, this is an excellent opportunity for Medical and Office users. Space is available immediately! Building SF: 62000 | Land Size: 4.32 Ac | Year Built: 2024 | Listing Type: FOR LEASE

Market Context

This office in Indianapolis, IN is listed for lease across 62,000 SF. The building dates to 2024. It has been on the market for 39 days. Compare it against other office listings for lease in Indianapolis, IN — <a href="/search/lease/office/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis office market showed average asking rents near $20.98/SF/yr, and cap rates around 8.6%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Indianapolis?
About 8.6% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$7.99/SF/mo – $10.80/SF/mo

Mid: $9.39/SF/mo

Total estimate for 62,000 SF: $582,180

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tampa (similarity: 100%) with 9 comparable listings.

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