Single-Tenant Office
For Sale
Contact for pricing
Pending
2425 E Michigan St, Indianapolis, IN 46201
Occupied by a growing Indianapolis technology company with frontage on West Michigan Street and proximity to major medical institutions.
Property Size28,880 SF
Lot Size2.33 Acres
Days on Market144
Property Features for 2425 E Michigan St
General Information
Standard status
Pending
Size
28,880 SF
Lot size
2.33 Acres
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
28,880 SF
Tenancy
Single
Listing Agency:
Kaizen Real Estate Advisors
(317) 218-5329
Listed By:
Curtis Shaw · License #IN RC51700123
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:03PM
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 Kaizen Real Estate Advisors
Investment Insights
Based on property information with market context.
This single-tenant office property at 2425 W Michigan St. encompasses approximately 28,880 square feet on 2.33 acres. The Kinney Group, an Indianapolis-headquartered technology company, occupies the building and has more than 60 employees. A new 20-year absolute triple-net lease is proposed at closing, with rent increases scheduled every five years.
The property fronts West Michigan Street and is positioned near Riley Children’s Hospital, Eskenazi Health Hospital, the Veterans Administration Medical Center, and Indiana University Health Hospital. The Indiana University-Purdue University campus is also nearby, with enrollment exceeding 30,105 students. Downtown Indianapolis and I-74, I-70, I-65, and I-465 are readily accessible from the site. Surrounding destinations include Lucas Oil Stadium and the Indianapolis Motor Speedway.
The property fronts West Michigan Street and is positioned near Riley Children’s Hospital, Eskenazi Health Hospital, the Veterans Administration Medical Center, and Indiana University Health Hospital. The Indiana University-Purdue University campus is also nearby, with enrollment exceeding 30,105 students. Downtown Indianapolis and I-74, I-70, I-65, and I-465 are readily accessible from the site. Surrounding destinations include Lucas Oil Stadium and the Indianapolis Motor Speedway.
Key Highlights
- Approximately 28,880 square feet of office space on 2.33 acres
- Single tenant: Kinney Group, an Indianapolis‑headquartered technology company with over 60 employees
- Proposed 20‑year absolute triple‑net lease with rent increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - Occupied by a growing Indianapolis technology company with frontage on West Michigan Street and proximity to major medical institutions.
Where is this office building located?
The property is located at 2425 E Michigan St Indianapolis, IN.
What are key features of this property?
This property features: Approximately 28,880 square feet of office space on 2.33 acres; Single tenant: Kinney Group, an Indianapolis‑headquartered technology company with over 60 employees; Proposed 20‑year absolute triple‑net lease with rent increases every five years
