Office for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46241
  • Size: 24,920 SF
  • Year built: 1975

Description

Executive West Office Park offers recently renovated office suites with free parking. Convenient operational location for service businesses that need easy access to downtown, Indianapolis airport and the suburbs. This location is minutes from the heart of downtown, the Indianapolis International Airport, as well as to I-465, I-70 and I-74. Full service rent includes one price for rent with everything you need---High Speed Fiber internet, Phone System, modern communications with local and nationwide calling, voicemail to email, plus web conferencing. Additional customized Cumulus Enterprise Mobility services available for logistics, security and call centers through landlord's own teldata company. Full Service Rent Includes: Utilities for Regular Business Hours High Speed Fiber Internet State-of-the-art telephone system with local and nationwide calling, voice mail to email, twinning, audio and web conferencing. Security System Free Parking available for employees and vehicles with up to 15 parking spaces included Overnight and weekend parking available. Building SF: 24920 | Land Size: 2.19 Ac | Year Built: 1975 | Listing Type: FOR LEASE

Market Context

This office in Indianapolis, IN is listed for lease across 24,920 SF. The building dates to 1975. 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

$1.23/SF/mo – $1.66/SF/mo

Mid: $1.45/SF/mo

Total estimate for 24,920 SF: $36,134

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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