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Suite-Based Office Property
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1028 Virginia Avenue, Indianapolis, IN 46203

Individual office accommodations are available for lease.

Space Size456 SF
Property Size3,800 SF
Days on Market80

Property Features for 1028 Virginia Avenue

General Information

Standard status Active
Size 456 SF
Class B
Property subtype Office

Additional Details

Space Use Private Office

Building Details

Building Size 3,800 SF
Year Built 1939
Tenancy Multiple

Spaces For Lease

at 1028 Virginia Avenue Contact us

Space 1

Size
456 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Meridian & Market Commercial Real Estate
Listed By: Eric Ahonen · License #IN RB16001417
Source: Crexi
Added: Jun 12 Changed: Aug 29 Last Checked: Aug 29 at 11:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian & Market Commercial Real Estate

Investment Insights

Based on property information with market context.

The property contains private office units offered for lease within a building constructed in 1939. Located at 1028 Virginia Avenue in Indianapolis, Indiana, the asset provides a suite-oriented office configuration for businesses seeking dedicated workspace.

Key Highlights

  • Private office units offered for lease
  • Building constructed in 1939
  • Located at 1028 Virginia Avenue, Indianapolis, IN 46203

Property Analytics

Current Use

Square Scoop Grocery & Convenience Store U.S. Lawns - Greenwood IN Landscaping City Dogs Grocery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Pharmacy Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$33.75 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
7,361 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Individual office accommodations are available for lease.
Where is this office units located?
The property is located at 1028 Virginia Avenue Indianapolis, IN.
What are key features of this property?
This property features: Private office units offered for lease; Building constructed in 1939; Located at 1028 Virginia Avenue, Indianapolis, IN 46203
More about this property
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