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Renovated Office Suite with Tunnel Access
For Lease
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200 S Meridian St, Indianapolis, IN 46225

Recently renovated office space with modern finishes and abundant natural light, connected to an interior tunnel system.

Property Size10,809 SF
Days on Market781

Property Features for 200 S Meridian St

General Information

Standard status Active
Size 10,809 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

Internal Tunnel Access
Onsite Management
Modern Finishes
Abundant Natural Light
Listing Agency: Alo Property Group
Listed By: Michael Short · License #IN RB16000518
Source: Moodyscre
Added: Jun 10, 2024 Changed: Jul 28 Last Checked: Jul 29 at 3:19PM

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 renovated office suite features a modern interior finish package and abundant natural light. The property is described as well maintained, with onsite management available to respond to tenant needs.

The building is located directly on South Meridian, a few steps from the Indianapolis Convention Center. The space also offers internal tunnel access, connected to the interior tunnel system providing access to the mall, state buildings, and the convention center.

For tenants looking for an office setup with a recently refreshed interior and dependable building access through the connected tunnel system, this suite presents a practical option in a highly connected downtown setting.

Key Highlights

  • Recently renovated office space with modern finishes and abundant natural light
  • Directly connected to the interior tunnel system for access to the mall, state buildings, and the convention center
  • Located directly on South Meridian, a few steps from the Indianapolis Convention Center

Property Analytics

Current Use

Monera Financial Loan Service I Team Computer & Electronic Repair KM&A (Klûm Marketing ... Advertising Agency BDO Digital Consultant The Escape Room Indianapolis Resort

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Nursing Home Carpet & Flooring Store Home Appliance 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,388
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

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 15% below 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 - Recently renovated office space with modern finishes and abundant natural light, connected to an interior tunnel system.
Where is this office units located?
The property is located at 200 S Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Recently renovated office space with modern finishes and abundant natural light; Directly connected to the interior tunnel system for access to the mall, state buildings, and the convention center; Located directly on South Meridian, a few steps from the Indianapolis Convention Center
(317) 800-4664 Call to check price and availability
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