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Medical Office Building for Lease
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12174 North Meridian Street, Carmel, IN 46032

Three-story medical office building offering suite space in a healthcare-oriented Meridian corridor location.

Space Size10,000 SF
Property Size40,000 SF
Days on Market65

Property Features for 12174 North Meridian Street

General Information

Standard status Active
Size 10,000 SF
Class A
Property subtype Office

Building Details

Building Size 40,000 SF
Stories 3
Tenancy Multiple

Spaces For Lease

at 12174 North Meridian Street Contact us

Suite 100

Size
10,000 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Cornerstone Companies Inc
Listed By: Charles Yeo · License #IN RB14040478
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 10 at 3:37PM

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 is a three-story medical office building configured for healthcare use, with approximately 40,000 RSF total and approximately 10,000 RSF available. The property also features monument signage, supporting brand presence from the main corridor.

The building is positioned about 0.5 miles north of IU Health North Hospital and the Heart Center of Indiana, and about 2 miles south of Ascension St. Vincent Carmel High. It is situated for high visibility directly off the US 31/Meridian corridor in a major healthcare-focused area.

For medical and related professional tenants, the existing office configuration and proximity to major healthcare providers support a practical patient- and referral-oriented approach. The available space size allows for flexible occupancy planning within a dedicated medical office setting. Monument signage further helps establish wayfinding and visibility for staff and visitors traveling along Meridian.

Key Highlights

  • 3‑story medical office building offering approximately 40,000 RSF total
  • 10,000 RSF available for lease within the building
  • High visibility location directly off the US 31/Meridian corridor in a major healthcare‑oriented area

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

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 - Three-story medical office building offering suite space in a healthcare-oriented Meridian corridor location.
Where is this medical office space located?
The property is located at 12174 North Meridian Street Carmel, IN.
What are key features of this property?
This property features: 3‑story medical office building offering approximately 40,000 RSF total; 10,000 RSF available for lease within the building; High visibility location directly off the US 31/Meridian corridor in a major healthcare‑oriented area
(317) 288-9006 Call to check price and availability
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