2401 Directors Row Indianapolis, IN 46241

Building Details

Year Built

1985

Listing office Marcus & Millichap - Indianapolis

Listing date May 19, 2026

Source Crexi

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 Marcus & Millichap - Indianapolis

Report an issue

---

Investment Insights

Based on property information with market context.

Directors Row Business Center is an eight-building office and flex-industrial campus totaling 214,200 square feet. It is located at the entrance to Park Fletcher, a business park in Indianapolis. The campus is 91% occupied, featuring a mix of national, regional, and local tenants across 39 suites. The property offers a value-add profile through the conversion of gross leases to NNN leases, below-market rents, and vacancy lease-up potential. Since 2021, ownership has invested $2.3M into the assets through tenant-specific renovations, roof replacements, and HVAC improvements. The property includes six flex industrial buildings and two office buildings, each with a brick façade and flexible suite configurations ranging from small professional offices to large flex-industrial bays. There are 40 drive-in doors across all eight buildings. Directors Row is positioned directly across from Indianapolis International Airport with immediate access to the I-70 / I-465 interchange, making it attractive to logistics, e-commerce, and next/same-day delivery operators.

Key Highlights

• Prime location directly across from Indianapolis International Airport with immediate access to I‑70/I‑465 interchange.
• Value‑add opportunity through conversion to NNN leases, below‑market rents, and vacancy lease‑up.
• Well‑maintained campus with $2.3M invested since 2021 in renovations, roof replacements, and HVAC improvements.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $575,000

  Office Building with Monument Sign

  Office building with reception area, conference room, multiple offices, and dedicated front parking plus rear overflow.

  7423 E 82nd Street, Indianapolis, IN 46256

  View Details
• 

  $685,000

  Restaurant/QSR With Drive-Thru Potential

  Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

  5527 N Keystone Avenue, Indianapolis, IN 46220

  View Details
• 

  $550,000

  Hard-Corner Retail/Office Building

  C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

  5243 Rockville Road, Indianapolis, IN 46224

  View Details
• 

  $3,900,000

  Elevator-Served Mixed-Use Building

  Well-maintained mixed-use building in CBD-2 with elevator service, dry sprinkler system, and on-site parking for tenants and visitors.

  536 E Market Street, Indianapolis, IN 46204

  View Details
• 

  $560,000

  Flexible Office Building with Detached Garage

  C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $1,750,000

  ADA-Accessible Medical Office Facility

  Former medical office with an ADA-accessible layout, multiple entrances, and about 50 parking spaces across two lots.

  6635 E 21st Street, Indianapolis, IN 46219

  View Details
• 

  $2,475,000

  Renovated Office Flex Complex

  Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

  9130 Otis Avenue, Indianapolis, IN 46216

  View Details
• 

  $3,800,000

  Industrial Flex with Multiple Overhead Doors

  Industrial flex building on I-3 zoned land with office space and two 14-ft overhead doors for vehicle-ready operations.

  1000 S Arlington Avenue, Indianapolis, IN 46203

  View Details
• 

  $1,000,000

  Corner Two-Tenant Retail and Auto Site

  Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

  1121 E Troy Avenue, Indianapolis, IN 46203

  View Details
• 

  $700,000

  Multi-Office Building with Private Parking

  Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

  1300 N Pennsylvania Street, Indianapolis, IN 46202

  View Details
• 

  $524,900

  Two-Level Office Building with Conference Rooms

  Two-level office building with conference rooms, kitchenette, multiple offices, and restrooms, plus a finished lower level.

  2226 W Michigan Street, Indianapolis, IN 46222

  View Details
• 

  $149,000

  Four-Unit Retail Value-Add Property

  Four-unit retail asset on two parcels along a heavily traveled corridor, offered as-is and requiring significant improvements.

  3427 W Michigan Street, Indianapolis, IN 46222

  View Details

FAQs

What type of property is this?

Mixed-use property - Eight-building office and flex-industrial campus near Indianapolis International Airport.

Where is this mixed-use property located?

The property is located at 2401 Directors Row Indianapolis, IN.

What is the asking price?

The asking price for this property is $18,320,475.

What are key features of this property?

This property features: Prime location directly across from Indianapolis International Airport with immediate access to I‑70/I‑465 interchange.; Value‑add opportunity through conversion to NNN leases, below‑market rents, and vacancy lease‑up.; Well‑maintained campus with $2.3M invested since 2021 in renovations, roof replacements, and HVAC improvements.