Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10300 Kincaid Dr Fishers, IN 46037

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Office space featuring a training center and fitness options.

    Property size:
    24,402 SF
    Lot size:
    13.33 Acres

    Property Features for 10300 Kincaid Dr

    General Information

    Size
    24,402 SF
    Lot size
    13.33 Acres

    We can help!

    Listing Contact
    Megan Cuvelier
    Megan Cuvelier
    Source: Moodyscre

    Listing Agent: Megan Cuvelier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Office Space with Amenities

    This property offers 24,402 square feet of rentable area within a larger 193,000 square foot building situated on a 13.30 acre site. The building is fully sprinklered and includes 994 surface parking spaces. The property features a large training center, a fitness center with a Yoga/Barre Room, a tenant lounge with a grab-and-go cafe, and an outdoor patio. Direct entrance to tenant space is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kelly Institute Detox ... Counselor Wireless Zone LLC ... Electronics Store Quantigen LLC Professional Services Gateway Events at Round ... Event Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hancock
    State
    Indiana
    Longitude
    -86.0204939
    Latitude
    39.9370928

    Nearby Similar for Lease

    • $750 /Mo
      4,200 SF

      Modern Office Space in Fishers

      Flexible office spaces for rent in a prime Fishers location.
      13589 E 126Th St, Fishers, IN 46037
      View Details
    • $25 SF/Yr
      5,723 SF

      Premium Commercial Space in Fishers

      New commercial space for office, medical, or retail use.
      10978 Allisonville Rd, Fishers, IN 46038
      View Details
    • $16 SF/Yr
      1,925 SF

      Historic Eller House Office Space

      Unique office space in a preserved historic building.
      7050 E 116Th St, Fishers, IN 46038
      View Details
    • Contact for pricing
      1,500 SF

      Mixed-Use Expansion Near Fishers District

      Retail, restaurant, and entertainment spaces available in vibrant community.
      9229 Ikea Way & Gritstone Dr, Fishers, IN
      View Details
    • Contact for pricing
      2,604 SF

      Mixed-Use Expansion Near Fishers District

      Retail spaces available in a vibrant mixed-use development.
      Usa Pkwy & Flint Dr, Fishers, IN
      View Details
    • $26 SF/Yr
      6,293 SF

      Class A Office Building

      Class A office building with many amenities and great natural light.
      9998 Crosspoint Bl, Fishers, IN
      View Details
    • Contact for pricing
      61,331 SF

      Fishers Medical Office Space

      Prime Fishers location, 3,861 sq ft available.
      8890 116Th St, Fishers, IN 46038
      View Details
    • $34 SF/Yr
      15,000 SF

      District South Retail Space

      Prime Fishers location, flexible suites.
      8723 South St, Fishers, IN 46038
      View Details
    • Contact for pricing
      25,360 SF

      Fishers Medical Office Building

      Prime Medical Space Available in Fishers, IN
      10995 Allisonville Rd, Fishers, IN 46038
      View Details
    • $33 SF/Yr
      3,412 SF

      Modern Office Space in Fishers

      High-end office space with walkable amenities and strong access.
      11 Municipal Dr, Fishers, IN 46038
      View Details
    • Contact for pricing
      35,200 SF

      Lantern Crossing Retail Space

      Fishers, IN Strip Center - 4,800 SF Available
      8922 96Th St, Fishers, IN 46038
      View Details
    • Contact for pricing
      101,100 SF

      Prime Retail Outlots, Hamilton County

      101,100 SF Available, I-69 Access
      116th St & Cumberland Rd, Fishers, IN 46037
      View Details

    FAQs

    What type of property is this?
    Office space - Office space featuring a training center and fitness options.
    Where is this office space located?
    The property is located at 10300 Kincaid Dr Fishers, IN.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Large net rentable area of 193,000 square feet.; - Ample parking with 994 surface spaces.; - Enjoy the convenience of the fitness center with Yoga/Barre Room.
    (317) 352-5422
    Request Owner's contact information
    10300 Kincaid Dr Fishers, IN 46037
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10300 Kincaid Dr
    Fishers, IN 46037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10300 Kincaid Dr Fishers, IN 46037
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Megan Cuvelier
    Megan Cuvelier
    (317) 352-5422
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.