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Three-Story Medical Office Space
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12174 N Meridian St, Carmel, IN 46032

Healthcare-oriented setting with monument signage available and access from the US 31 / Meridian Corridor.

Property Size10,000 SF
Days on Market5

Property Features for 12174 N Meridian St

General Information

Standard status Active
Size 10,000 SF
Net Rentable 40,000 SF
Property subtype OFFICE

Additional Details

Space Use Medical Office
Highway Access Yes

Amenities

monument signage

Building Details

Stories 3
Building Size 40,000 SF
Listing Agency: CornerStone Companies Inc
Listed By: Charles Yeo · License #RB14040478
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 11:09AM

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 CornerStone Companies Inc

Investment Insights

Based on property information with market context.

This three-story medical office space is positioned in a healthcare-oriented area with high visibility directly off the US 31 / Meridian Corridor. Illinois street monument signage is available for the property.

The building is located 0.5 miles north of IU Health North Hospital and the Heart Center of Indiana, and 2 miles south of Ascension St. Vincent Carmel. Its location provides a presence within the broader Meridian Corridor and convenient proximity to major healthcare facilities.

Key Highlights

  • Three‑story medical office building
  • High visibility directly off the US 31 / Meridian Corridor
  • Illinois street monument signage available

Property Analytics

Current Use

Optum - Pain Management Medical Clinic Team Rehabilitation Physical ... Medical Clinic Carmel Pediatric Dentistry Dental Office Scott M. Hoffman, ... Physician Priority Physicians, Inc. Medical Group

Suggested Use

Top Pick Auto Repair Shop HVAC Service Storage Facility Parking Lot & Garage Grocery & Convenience Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Healthcare-oriented setting with monument signage available and access from the US 31 / Meridian Corridor.
Where is this medical office space located?
The property is located at 12174 N Meridian St Carmel, IN.
What are key features of this property?
This property features: Three‑story medical office building; High visibility directly off the US 31 / Meridian Corridor; Illinois street monument signage available
(317) 288-9006 Call to check price and availability
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