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1300 E 96th St, Indianapolis, IN

Redevelopment opportunity in high-demand North Meridian corridor.

Property Size120,000 SF
Lot Size9.20 Acres
Days on Market802

Property Features for 1300 E 96th St

General Information

Standard status Active
Size 120,000 SF
Lot size 9.20 Acres
Property subtype OFFICE
Listing Agency: JLL | Indianapolis
Listed By: John Robinson · License #RC50900387
Source: Moodyscre
Added: May 20, 2024 Changed: Jul 6 Last Checked: Jul 22 at 4:11AM

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 JLL | Indianapolis

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity within the North Meridian corridor of Indianapolis. The site benefits from PUD zoning, allowing for flexible redevelopment options up to 650,000 square feet. Situated in a high-demand area for tenants, the location offers abundant amenities, including restaurants, shopping, and hotels. The property features visibility, with 144,000 vehicles per day via I-465 and 96th Street. The location is contiguous to the 1.7 million square foot Parkwood Crossing Office Park. The North Meridian corridor has a presence of major Indiana hospital networks, including IU Health, St. Vincent, St. Francis and Community Health Network. The property has potential for healthcare related uses. The existing amenities could be incorporated into a new development. The property size is 120,000 square feet.

Key Highlights

  • Largest, most visible site on the northside of Indianapolis.
  • Unparalleled visibility with 144,000 vehicles per day via I‑465 and 96th Street.
  • PUD zoning allows for unique and flexible redevelopment opportunities up to 650,000 sf.

Property Analytics

Current Use

Indy Infant Swimming ... Dental Office

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant HVAC Service Kitchen & Bath Showroom

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

509
Businesses Nearby
Balanced
Demand for This Use

Market

Lease Benchmarks for Indianapolis, IN

$44.97 /SF/Yr
Avg Asking Price
$11.43–$141 /SF/Yr
Price Range
4,667 SF
Avg Space Size

Properties on Market for Office Spaces in Indianapolis

Jan
Feb
Mar
Apr
May
Jun

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Proofpoint, Inc — 450 E 96th St #251, Indianapolis, IN 46240
  • Gov 6 Corp — 450 E 96th St #500, Indianapolis, IN 46240
  • Tech Untangled LLC — 10252 Guilford Ave, Indianapolis, IN 46280

Frequently Asked Questions

What type of property is this?
Office space - Redevelopment opportunity in high-demand North Meridian corridor.
Where is this office space located?
The property is located at 1300 E 96th St Indianapolis, IN.
What are key features of this property?
This property features: Largest, most visible site on the northside of Indianapolis.; Unparalleled visibility with 144,000 vehicles per day via I‑465 and 96th Street.; PUD zoning allows for unique and flexible redevelopment opportunities up to 650,000 sf.
(317) 810-7172 Call to check price and availability
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