Office for Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46201

Description

Originally built in 1920 for the US Corrugated Box Co. during the city's industrial boom, the 4-story building is reborn as Box Factory. With its rich industrial and entrepreneurial history in mind, Box Factory will maintain an industrial aesthetic while undergoing a bold transformation to usher in a new era of success in the North Mass corridor and Indianapolis.

Market Context

This office in Indianapolis, IN is listed for sale. It has been on the market for 93 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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