Office for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46250

Description

Prime corner space available for retail, office, or medical uses right in front of Castleton Square Mall on East 82nd St. Listing Type: FOR LEASE

Market Context

This office in Indianapolis, IN is listed for lease. It has been on the market for 38 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

$455.39/SF/mo – $616.11/SF/mo

Mid: $535.75/SF/mo

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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