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Office Building at Signalized Intersection
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980-992 N Mitthoeffer Rd, Indianapolis, IN 46229

Well-renovated office units with prominent signage and ample parking near a signalized intersection.

Space SizeContact for details
Days on Market52

Property Features for 980-992 N Mitthoeffer Rd

General Information

Standard status Active
Class C
Total Parking Spaces 59
Property subtype office

Additional Details

Traffic Count 30,000 vehicles/day

Building Details

Year Built 1983
Year Renovated 2002
Listing Agency: Indianapolis
Listed By: James Gruesser
Source: Property.jll
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 23 at 2:45AM

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 Indianapolis

Investment Insights

Based on property information with market context.

This property consists of office units within a building originally built in 1983 and renovated in 2002. The site is designed for visibility and tenant branding, offering both pylon and building signage. Frontage spans two roads, supporting straightforward access and strong street presence.

The building is positioned at a signalized intersection in the Lawrence/East County submarket, with frontage on E. 10th Street and N. Mitthoeffer Road. The site also benefits from strong traffic counts reported as exceeding 30,000 VPD, which can be beneficial for businesses that rely on consistent pass-by exposure.

Parking is available on the surface level with 59 spaces, providing convenient on-site options for employees and visitors. With its prominent signage package, dual-road frontage, and readily accessible location at a major intersection, the property is well-suited for office users seeking a clearly identifiable workplace in a high-traffic setting.

Key Highlights

  • Frontage on E. 10th Street and N. Mitthoeffer Road with prominent pylon and building signage
  • Located at a signalized intersection in the Lawrence/East County submarket
  • Strong traffic counts exceeding 30,000 VPD

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Garden Center Electrical Service

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

30,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 46229, IN

29,252
Population
12,046
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,589
Density / Sq Mi
$62,982
Median Household Income
$40,407
Median Earnings
$1,020
Median Rent
$170,100
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$25.5 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
7,538 SF
Avg Space Size

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 units - Well-renovated office units with prominent signage and ample parking near a signalized intersection.
Where is this office units located?
The property is located at 980-992 N Mitthoeffer Rd Indianapolis, IN.
What are key features of this property?
This property features: Frontage on E. 10th Street and N. Mitthoeffer Road with prominent pylon and building signage; Located at a signalized intersection in the Lawrence/East County submarket; Strong traffic counts exceeding 30,000 VPD
More about this property
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