Office for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46260

Description

18,815 SF Medical Office & Lab Space on the First Floor + Full First Floor Available for Lease + Demisable (18,815 SF) + Former Surgery Center + Plentiful Parking + Exterior Signage Opportunity + Ten (10) Existing Rest Rooms + Exceptional Property Management + Beautiful Lobby Area + Lease Rate: $22.50/SF Modified Gross

Market Context

This office in Indianapolis, IN is listed for lease. It has been on the market for 148 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

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.

Contact

Explore this market

Similar Office for Lease in Indianapolis, IN