Office for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46237
  • Size: 11,859 SF

Description

8360 S. Emerson Avenue offers second-generation office space in a highly visible, easily accessible southside Indianapolis location. The second floor features approximately 2,119 SF at $12/SF Gross , ideal for administrative or support functions that complement nearby medical services. Property Highlights Second Floor: ±2,119 SF | $12/SF Gross Prominent visibility along Emerson Avenue with high traffic counts Ample surface parking for staff and patients Professional, well-maintained two-story building Building SF: 11859 | Land Size: 0.34 Ac | Listing Type: FOR LEASE

Market Context

This office in Indianapolis, IN is listed for lease across 11,859 SF. 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

$1.84/SF/mo – $2.48/SF/mo

Mid: $2.16/SF/mo

Total estimate for 11,859 SF: $25,615

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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