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Second-Floor Office Unit
For Lease
$650/Mo

206-3737 N Meridian St, Indianapolis, IN 46225

Professional office space with utilities included, secured access, and parking for tenants and clients.

Space Size642 SF
Days on Market778

Property Features for 206-3737 N Meridian St

General Information

Standard status Active
Size 642 SF
Net Rentable 642 SF

Space & Availability

Available Space 642 SF
Contiguous Space 642 SF
Floor 2
Space Use Office

Amenities

security
24hr tenant keycard access
Listing Agency: Triple E Realty, LLC
Listed By: Edwin Watson
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 30 Last Checked: Aug 30 at 10:10PM

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 Triple E Realty, LLC

Investment Insights

Based on property information with market context.

This 642-square-foot office unit occupies the second floor at 206-3737 N Meridian St in Indianapolis. The space is suited to office operations and includes utilities as part of the occupancy arrangement.

Tenants receive 24-hour access through a keycard system, with security features and on-site parking available for occupants and their clients. The property is located in Center Township, providing a central Indianapolis setting for an office user.

Key Highlights

  • 642‑square‑foot second‑floor office unit
  • Utilities included
  • 24‑hour tenant keycard access

Property Analytics

Current Use

Office Units

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
$1.82 /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

$28.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,953 SF
Avg Space Size

This space is priced 58% below the average of $28.72 /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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with utilities included, secured access, and parking for tenants and clients.
Where is this office units located?
The property is located at 206-3737 N Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 642‑square‑foot second‑floor office unit; Utilities included; 24‑hour tenant keycard access
More about this property
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