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48-Floor Office Building
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111 Monument Cir, Indianapolis, IN 46204

Office units in a prominent downtown tower with staffed security, electronic turnstiles, and on-site leasing and management.

Property Size13,150 SF
Days on Market143

Property Features for 111 Monument Cir

General Information

Standard status Active
Size 13,150 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes

Amenities

24-hour staffed security
electronic security turnstiles
on-site leasing and management office

Building Details

Stories 48
Listing Agency: Cushman & Wakefield | Indianapolis
Listed By: Bennett M. Williams
Source: Moodyscre
Added: Mar 12 Changed: Jul 31 Last Checked: Jul 31 at 3:59PM

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 Cushman & Wakefield | Indianapolis

Investment Insights

Based on property information with market context.

Office units are located within a 48-floor office tower featuring 20,000 SF floorplates, modern elevator systems, and panoramic views of downtown Indianapolis and surrounding counties. The building provides 24-hour staffed security, electronic security turnstiles, and on-site leasing and management services.

The property is accessible to Interstates 65 and 70, Meridian Street, and the airport. Hotels and convention space are nearby, with Bankers Life Fieldhouse, Indiana Convention Center, Hilbert Circle Theater, and Circle Centre Mall within quick walking distance.

Key Highlights

  • 48‑floor office tower with 20,000 SF floorplates
  • Panoramic views of downtown Indianapolis and surrounding counties
  • 24‑hour staffed security and electronic security turnstiles

Property Analytics

Current Use

Ernst & Young Business Management Consultant Bailey Jeffrey B Law Firm Calfee, Halter & Griswold ... Law Firm Torchlite (Bike/Boat/Book/etc) Store Resultant - Indianapolis Managed ... Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon HVAC Service Nursing Home Pet Store

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
Highway access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,123
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 42% above the average of $21.07 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office units in a prominent downtown tower with staffed security, electronic turnstiles, and on-site leasing and management.
Where is this office units located?
The property is located at 111 Monument Cir Indianapolis, IN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 48‑floor office tower with 20,000 SF floorplates; Panoramic views of downtown Indianapolis and surrounding counties; 24‑hour staffed security and electronic security turnstiles
(317) 414-4874 Call to check price and availability
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