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Prime Location Retail/Office Space
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201 S Capitol Avenue, Indianapolis, IN 46225

Located near major Indianapolis destinations with ample parking and updates.

Space Size6,109 SF
Property Size138,800 SF
Days on Market229

Property Features for 201 S Capitol Avenue

General Information

Standard status Active
Size 6,109 SF
Class A
Property subtype Office

Building Details

Building Size 138,800 SF

Spaces For Lease

at 201 S Capitol Avenue Contact us

201 S Capitol Avenue, Indianapolis, Indiana (Sublease)

Size
6,109 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: ALO Property Group
Listed By: Ralph Balber · License #RB14044276
Source: Alopg
Added: Jan 27 Changed: Sep 12 Last Checked: Sep 12 at 3:59AM

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 property offers retail and office spaces next to the new Signia Hotel, Hilton's premier brand. It is centrally located near Lucas Oil Stadium, Eleven Park, Indiana Convention Center, and Gainbridge Fieldhouse. The property features efficient floorplates with good window lines and access to ample parking. Updates have been made to the lobby and restrooms. The first floor is dedicated to retail space. Numerous restaurants and bars are within walking distance. The property has a size of 12517 square feet.

Key Highlights

  • Prime location next to the new Signia Hotel and within walking distance of Lucas Oil Stadium, Eleven Park, Indiana Convention Center, and Gainbridge Fieldhouse.
  • Efficient floorplates with great window lines.
  • Access to ample parking.

Property Analytics

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Current Use

Appirio, a Wipro Company Tech Support Center Bradley & Associates: Mitchell ... Accounting Firm Great Lakes Valley ... Conference Center Pan AM Plaza ... Security Service Loftus Engineering, Inc. Engineering Consultant

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom Veterinary Clinic Electrical Service Discount 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

5,346
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 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
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Frequently Asked Questions

What type of property is this?
Office units - Located near major Indianapolis destinations with ample parking and updates.
Where is this office units located?
The property is located at 201 S Capitol Avenue Indianapolis, IN.
What are key features of this property?
This property features: Prime location next to the new Signia Hotel and within walking distance of Lucas Oil Stadium, Eleven Park, Indiana Convention Center, and Gainbridge Fieldhouse.; Efficient floorplates with great window lines.; Access to ample parking.
More about this property
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