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Newly Renovated Medical Office Spec Suite
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8820-8830 S Meridian St, Indianapolis, IN 46217

Newly renovated spec suite in a medical office building with onsite outpatient surgery capabilities.

Space Size1,675 SF
Days on Market1021

Property Features for 8820-8830 S Meridian St

General Information

Standard status Active
Size 1,675 SF
Property subtype OFFICE

Site & Location

Neighborhood Hill Valley

Spaces For Lease

at 8820-8830 S Meridian St
Methodist Medical Plaza South AVAILABLE, Now
Floor 2
Size 1,675 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Located on the south side of Indianapolis, MMP South is a 2-story, 71,739 SF, medical office building occupied by medical office users as well as an outpatient surgery center. The property features a newly renovated 1,675 SF spec suite available for lease, the perfect opportunity for a smaller private practitioner. Ample parking, high visibility from SR 135, and a canopied entrance make this one of the most accessible and visible office/surgery centers on the south side of Indianapolis. - Outpatient surgery center and medical office building - Onsite lab, x-Ray, MRI and CT - Minutes from Greenwood Park Mall, County Line Road and SR-37 - New to market, 1,675 SF spec suite available
Contact us
Listing Agency: Alo Property Group
Listed By: Drew Deffner
Source: Moodyscre
Added: Jan 12, 2024 Changed: Oct 25 Last Checked: Oct 28 at 6:53AM

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

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Investment Insights

Based on property information with market context.

MMP South is a two-story medical office building occupied by medical office users and an outpatient surgery center, with a newly renovated 1,675 SF spec suite available for lease. The building is set up for healthcare use with an onsite lab, x-Ray, MRI, and CT.

The property is located on the south side of Indianapolis at 8820-8830 S Meridian St (near Greenwood Park Mall, County Line Road, and SR-37). It offers ample parking, high visibility from SR 135, and a canopied entrance.

The available suite is positioned for smaller private practitioners who want a newly renovated space within an established medical office and outpatient surgery environment.

Key Highlights

  • Newly renovated 1,675 SF spec suite available for lease
  • Two‑story medical office building with outpatient surgery center
  • Onsite lab plus x‑Ray, MRI, and CT

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts 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

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Indianapolis, IN

$18.87 /SF/Yr
Avg Asking Price
$16–$22.5 /SF/Yr
Price Range
12,066 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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Newly renovated spec suite in a medical office building with onsite outpatient surgery capabilities.
Where is this medical office space located?
The property is located at 8820-8830 S Meridian St Indianapolis, IN.
What are key features of this property?
This property features: Newly renovated 1,675 SF spec suite available for lease; Two‑story medical office building with outpatient surgery center; Onsite lab plus x‑Ray, MRI, and CT
(317) 376-3897 Call to check price and availability
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