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Remodeled Office Building For Sale
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3951 N Meridian St, Indianapolis, IN

Recently remodeled office building with high visibility and convenient location.

Property Size15,300 SF
Lot Size0.55 Acres
Days on Market742

Property Features for 3951 N Meridian St

General Information

Standard status Active
Size 15,300 SF
Lot size 0.55 Acres
Property subtype OFFICE
Listing Agency: Alo Property Group
Listed By: Michael Short · License #RB19001581
Source: Moodyscre
Added: Jul 19, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:30AM

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 Alo Property Group

Investment Insights

Based on property information with market context.

This office building features a newly remodeled interior, bathrooms, roof, and parking lot. Eco-friendly fixtures have been added. The property offers high visibility on Meridian Street with signage. It is located in close proximity to downtown and Interstate 65, and is situated in an opportunity zone. The property is located across the street from the Tarkington Park redevelopment. The property has a size of 15300 square feet.

Key Highlights

  • Newly remodeled interior, bathrooms, roof, and parking lot.
  • High visibility on Meridian Street with signage.
  • Close proximity to downtown and Interstate 65.

Property Analytics

Current Use

Library of War Historical Society Jeff Kolp - State ... Insurance Agency Charles W. Clark Marketing & Advertising Meridian Hanna Citgo Gas Station Hoosier Environmental Council Charitable Organization

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Daycare Center Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Market

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 building - Recently remodeled office building with high visibility and convenient location.
Where is this office building located?
The property is located at 3951 N Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Newly remodeled interior, bathrooms, roof, and parking lot.; High visibility on Meridian Street with signage.; Close proximity to downtown and Interstate 65.
(317) 800-4664 Call to check price and availability
More about this property
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