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Downtown Office Space in Guaranty Building
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20 N Meridian St, Indianapolis, IN 46204

Historic 10-story office building offers full floors, with some furnished options and access to conference and rooftop patio.

Property Size5,465 SF
Days on Market757

Property Features for 20 N Meridian St

General Information

Standard status Active
Size 5,465 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Jim Logan · License #IN123455
Source: Moodyscre
Added: Jul 4, 2024 Changed: Jul 27 Last Checked: Jul 30 at 9:52AM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

The Guaranty Building is a historic 10-story office property with retail on the first floor and office space on the remaining floors. Space for lease includes full floors, and some suites are offered fully furnished with conference room facility access. Certain offices also feature views of the Circle, and rooftop patio access is available for tenants.

The building is located directly on Monument Circle in Downtown Indianapolis. The public remarks note sustained major foot traffic and access to public transit, with visitors and tourists throughout the area.

For tenants looking for an office within a landmark structure, the available configurations include full-floor options and amenity access that may include furnished setups, conference facilities, and rooftop patio space.

Key Highlights

  • Historic 10‑story office building with retail on the first floor and office space on the upper floors
  • Office space for lease directly on Monument Circle in Downtown Indianapolis
  • Full floors available, including some fully furnished options with conference room facility access

Property Analytics

Current Use

Canvas (Bike/Boat/Book/etc) Store YourEncore Consultant Edward E Petri ... (Bike/Boat/Book/etc) Store Sigstr (Bike/Boat/Book/etc) Store Barnard Associates Inc Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon HVAC Service Nursing Home Pet Store

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,857
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 19% above the average of $21.07 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Historic 10-story office building offers full floors, with some furnished options and access to conference and rooftop patio.
Where is this office units located?
The property is located at 20 N Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Historic 10‑story office building with retail on the first floor and office space on the upper floors; Office space for lease directly on Monument Circle in Downtown Indianapolis; Full floors available, including some fully furnished options with conference room facility access
(317) 697-6139 Call to check price and availability
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