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Renovated Office Building
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1032 E Washington St, Indianapolis, IN 46202

Open-plan office space with frontage along Washington St.

Space Size8,030 SF
Days on Market70

Property Features for 1032 E Washington St

General Information

Standard status Active
Size 8,030 SF
Property subtype OFFICE

Additional Details

Space Use Office
Road Access Yes

Spaces For Lease

at 1032 E Washington St
Renovated building with frontage on Washington St $22/SF/Yr
Size 8,030 SF
Type OFFICE
Availability AVAILABLE
Sublease Yes
7,500 SF on 1st floor, 530 SF on 2nd floor (8,030 SF total) Frontage / entrance on Washington St Open concept office Large conference room or co-working space Break room with kitchenette and outdoor patio Furniture potentially available to sublessee 3 offices on 2nd floor Rooftop patio off 2nd floor Ample parking behind building Sublease expiration: 07.02.2029 Sublease rate: $22.00/SF
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Listing Agency: Colliers
Listed By: Rich Forslund · License #RB14040892
Source: Moodyscre
Added: Jul 30 Changed: Oct 1 Last Checked: Oct 5 at 9:19PM

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 Colliers

Investment Insights

Based on property information with market context.

This renovated office building offers an open-concept interior suited to office use. The property is located at 1032 E Washington St in Indianapolis, Indiana, with frontage along Washington St.

Key Highlights

  • Renovated office building
  • Open‑concept office layout
  • Frontage on Washington St

Property Analytics

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Open Analytics

Current Use

Burnside Builders Construction Company Casted (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Supermarket Daycare Center Acupuncture

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,815
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$17.91 /SF/Yr
Avg Asking Price
$10–$28 /SF/Yr
Price Range
10,357 SF
Avg Space Size

This space is priced 23% above the average of $17.91 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Open-plan office space with frontage along Washington St.
Where is this office building located?
The property is located at 1032 E Washington St Indianapolis, IN.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Renovated office building; Open‑concept office layout; Frontage on Washington St
(317) 507-8591 Call to check price and availability
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