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Office Building with Flexible Clear Heights
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2485 Directors Row, Indianapolis, IN 46241

Office property offers a fully office-oriented configuration with parking and access to major interstate routes.

Space Size6,250 SF - 17,700 SF
Property Size27,300 SF
Days on Market1161

Property Features for 2485 Directors Row

General Information

Standard status Active
Size 6,250 SF - 17,700 SF
Net Rentable 27,300 SF
Property subtype Industrial
Zoning I-3, CS
Lease Type Modified Gross

Space & Availability

Available Space 27,300 SF
Contiguous Space 27,300 SF
Space Use Office

Additional Details

Highway Access Yes

Building Details

Building Size 27,300 SF
Year Built 1985
Tenancy Multiple

Spaces For Lease

at 2485 Directors Row Contact us

Suite B $11/SF/Yr

Size
11,450 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us

Suite B-C $11/SF/Yr

Size
17,700 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us

Suite C $11/SF/Yr

Size
6,250 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Tyler Wilson · License #IN
Source: Crexi
Added: Jun 27, 2023 Changed: Aug 29 Last Checked: Aug 29 at 11:25PM

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 Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This 27,300-square-foot office building provides a 100% office configuration within a property constructed in 1985. Clear heights range from 12 to 20 feet, and parking is available for employees and clients. The property carries I-3 and CS zoning designations.

The building is positioned near Park Fletcher Business Park with access to I-465 and I-70. Downtown Indianapolis and Indianapolis International Airport are also nearby, providing connectivity for office users and visitors. New ownership is investing capital in improvements to the building and surrounding business park.

Key Highlights

  • 27,300 total SF office building
  • 100% office space, built in 1985
  • Clear heights range from 12’-20'

Property Analytics

Current Use

Sarah Murray Farmer Physician Patrick Mann Physician Courtney Bumbalough Physician Syed Hashmi Physician

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$20.48 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,891 SF
Avg Space Size

This space is priced 46% below the average of $20.48 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office property offers a fully office-oriented configuration with parking and access to major interstate routes.
Where is this office building located?
The property is located at 2485 Directors Row Indianapolis, IN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 27,300 total SF office building; 100% office space, built in 1985; Clear heights range from 12’-20'
More about this property
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