Medical Office
For Lease
Contact for pricing
1640 N Ritter Ave, Indianapolis, IN 46218
Established medical office property with a 1970 construction date.
Space SizeContact for details
Property Size9,500 SF
Days on Market168
Property Features for 1640 N Ritter Ave
General Information
Standard status
Active
Size
9,500 SF
Class
B
Total Parking Spaces
34
Property subtype
Office, Special Purpose
Lease Type
NNN
Additional Details
Space Use
Medical Office
Building Details
Building Size
9,500 SF
Year Built
1970
Tenancy
Single
Listing Agency:
Berkshire Hathaway Homeservices
(317) 590-3785
Listed By:
Tim O'Connor · License #IN 476132831
Source:
Crexi
Added: Mar 16
Changed: Aug 29
Last Checked: Aug 29 at 7:29PM
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 Berkshire Hathaway Homeservices
Investment Insights
Based on property information with market context.
This medical office building was constructed in 1970 and is offered for rent. The property is located at 1640 N Ritter Ave in Indianapolis, Indiana, within ZIP code 46218.
Key Highlights
- Medical office building
- Constructed in 1970
- For‑rent availability
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$19.19 /SF/Yr
Avg Asking Price
$16.98–$22.5 /SF/Yr
Price Range
9,697 SF
Avg Space Size
This space is priced 24% below the average of $19.19 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical office property with a 1970 construction date.
Where is this medical office space located?
The property is located at 1640 N Ritter Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $14.53 SF/Yr.
What are key features of this property?
This property features: Medical office building; Constructed in 1970; For‑rent availability
