Office for Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 45227

Description

Multiple Suites Available + Lease Rate: $15.25/SF, Modified Gross + Well-maintained property + Plentiful parking + Utilities and janitorial not included + Park at your door office building Suite B/C: 3,747 SF Suite D: 550 SF Suite G: 1,333 SF Suite I: 1,333 SF

Market Context

This office in Indianapolis, IN is listed for sale. It has been on the market for 148 days. Compare it against other office listings for sale in Indianapolis, IN — <a href="/search/sale/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

$20.12/SF – $27.22/SF

Mid: $23.67/SF

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 15 comparable listings.

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