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Office Building with Gated Parking
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1200 Madison Ave, Indianapolis, IN 46225

Office building offering a lobby cafe, free gated parking, and loading access with a freight elevator.

Property Size23,885 SF
Days on Market930

Property Features for 1200 Madison Ave

General Information

Standard status Active
Size 23,885 SF
Total Parking Spaces 400
Property subtype OFFICE
Lease Type SF/yr

Amenities

On-Site Lobby Cafe
I-70 Signage Option(s)
Basement Storage
Loading dock
Freight Elevator
Electric Car Charging Stations
Listing Agency: Alo Property Group
Listed By: George Sechrist · License #RB19001581
Source: Moodyscre
Added: Jan 12, 2024 Changed: Jul 28 Last Checked: Jul 30 at 2:41PM

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 Alo Property Group

Investment Insights

Based on property information with market context.

This office building includes an on-site lobby café and offers gated parking with 400 spaces available for free. The building is set up with practical support features including a loading dock and freight elevator, along with basement storage.

Additional on-site amenities include electric car charging stations. The property also notes I-70 signage options and availability for short-term leases, and it indicates a TI allowance may be available.

Space is positioned within an office building configuration designed for tenants that need both office accommodations and straightforward building access for freight and deliveries.

Key Highlights

  • On‑site lobby cafe
  • 400 gated parking spaces available for free
  • Loading dock and freight elevator for move‑ins and deliveries

Property Analytics

Current Use

Indianapolis Building Permits City Government Office Building Excellence Construction Company Marion County Weights/Measures County Government Office Indianapolis Business & Neighborhood ... City Government Office AIA Indiana Auto Repair Shop

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Electrical Service Locksmith Law Firm

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

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 building - Office building offering a lobby cafe, free gated parking, and loading access with a freight elevator.
Where is this office building located?
The property is located at 1200 Madison Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: On‑site lobby cafe; 400 gated parking spaces available for free; Loading dock and freight elevator for move‑ins and deliveries
(317) 403-0903 Call to check price and availability
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