Move-in Ready Downtown Office
For Lease
$18.50 SF/Yr
156 E Market, Indianapolis, IN 46204
Lease ready office in historic downtown Indianapolis building.
Space Size810 SF
Property Size34,020 SF
Days on Market293
Property Features for 156 E Market
General Information
Standard status
Active
Size
810 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
34,020 SF
Spaces For Lease
at 156 E Market Contact us- Size
- 810 SF
- Type
- Creative/Loft
- Term
- Negotiable
Suite 1100 $18.50/SF/Yr
- Size
- 810 SF
- Type
- Creative/Loft
- Term
- Negotiable
Suite 707 $18.50/SF/Yr
Listing Agency:
Alo Property Group
Listed By:
George Sechrist, CCIM · License #RB19001581
(317) 403-0903
Source:
Alopg
Added: Nov 24, 2025
Changed: Sep 8
Last Checked: Sep 13 at 8:16AM
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 move-in ready office space is available for lease within a historic building located in the heart of the Central Business District of Indianapolis, offering corner views. The property has been newly renovated, including the lobby, common areas, security system, a spec suite, and a new HVAC system on every floor. It is a short walk from Monument Circle, Mass Ave, City Market, and the City-County Building, providing access to numerous restaurants, banks, and hotels. Ample street parking is available, and there is also 3rd party reserved garage parking across the street. The property offers 2430 square feet of office space.
Key Highlights
- Prime CBD Location with Corner Views
- Newly Renovated Building (Lobby, Common Areas, Security, Spec Suite, HVAC)
- Move‑in Ready Office Space
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,865
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 SF
Avg Space Size
This space is priced 33% below the average of $27.49 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Lease ready office in historic downtown Indianapolis building.
Where is this office units located?
The property is located at 156 E Market Indianapolis, IN.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Prime CBD Location with Corner Views; Newly Renovated Building (Lobby, Common Areas, Security, Spec Suite, HVAC); Move‑in Ready Office Space
