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    1 American Sq Indianapolis, IN 46282

    For Lease
    $28 SF/Yr

    Office space with parking, fitness, and on-site services.

    Property size:
    17,328 SF
    Lot size:
    4.05 Acres

    Property Features for 1 American Sq

    General Information

    Size
    17,328 SF
    Lot size
    4.05 Acres

    Source: Cushman & Wakefield | Indianapolis Agent Jon R. Owens, SIOR

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

    Overview

    Renovated Office Space with Amenities

    This property offers abundant parking options, including underground parking, an attached garage, and adjacent parking lots. It features a unique, urban courtyard and a newly renovated lobby. Amenities include a Skyline Club, a fitness facility, cafeteria services by Sahm’s, on-site catering, and on-site management. A Pacers Bikeshare Station is conveniently located nearby. The property also houses IU Health Physicians Family Medicine and Dr. Erotas, DDS, along with a conference center and a National Bank of Indianapolis branch. Additional services include a concierge, coffee shop, gift shop, shoe care, 24/7/365 security, 24/7/365 maintenance, and dry cleaning service. The available space is 17328 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Arceneaux Adam Insurance Attorney Phillip L. Bayt Real Estate Attorney Shublak Mark I Attorney RSM US LLP Business Management Consultant American United Life ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1605064
    Latitude
    39.7709743

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    FAQs

    What type of property is this?
    Office space - Office space with parking, fitness, and on-site services.
    Where is this office space located?
    The property is located at 1 American Sq Indianapolis, IN.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Benefit from 24/7/365 security and maintenance for peace of mind.; - Enjoy abundant parking options including underground parking, an attached garage, and adjacent parking lots.; - Take advantage of on-site amenities such as a cafeteria, coffee shop, gift shop, dry cleaning, and shoe care.
    (317) 590-3508
    Request Owner's contact information
    1 American Sq Indianapolis, IN 46282
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    Indianapolis, IN 46282
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    Realmo Value Estimation

    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.

    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.

    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
    1 American Sq Indianapolis, IN 46282
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