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    Well-Maintained Office Space Available Title is generated by Realmo AI

    3334 Founders Rd, Indianapolis, IN

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    10,790 SF office building in College Park area.

    Type:OFFICE
    Property size:
    10,790 SF
    Lot size:
    1.02 Acres
    Price / SF:
    $152/SF
    Added:
    Nov 7, 2025
    Days on Market:
    218
    Last Refresh:
    May 19 at 9:12 pm

    Property Features for 3334 Founders Rd

    General Information

    Standard status
    Active
    Size
    10,790 SF
    Lot size
    1.02 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jess Lawhead, CCIM
    Jess Lawhead, CCIM

    Listing agent Jess Lawhead, CCIM License #IN RB14047741

    Listing office SVN | Northern Commercial

    Listing date Nov 7, 2025

    Source Moodyscre

    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 SVN | Northern Commercial

    HighLights

    • 10,790 square feet of well‑maintained office space
    • 36 surface parking spaces
    • Convenient access to Interstate 465 and Michigan Road
    • Suitable for professional offices, medical, or administrative uses
    • Located in the College Park area of northwest Indianapolis
    • Close to retail, restaurants, and other local amenities

    Overview

    This property features 10,790 square feet of well-maintained office space. It is located in the College Park area of northwest Indianapolis, offering convenient access to Interstate 465 and Michigan Road. The property includes 36 surface parking spaces. It is suitable for professional offices, medical practices, or administrative uses and is close to retail, restaurants, and other local amenities.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $259.0k $24.00
    − Vacancy −$20.7k −$1.92
    EGI $238.2k $22.08
    − OpEx −$95.3k −$8.83
    NOI $142.9k $13.25
    10,790 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.04M
    $1.79M – $2.38M (±1% cap)
    NOI $142,946 @ 7.0% cap · market cap 8.66%
    Second Best
    Office B
    $2.04M
    $1.78M – $2.37M (±1% cap)
    NOI $142,460 @ 7.0% cap · market cap 8.63%
    Theoretical Best
    Office A
    $2.69M
    $2.35M – $3.13M (±1% cap)
    NOI $188,005 @ 7.0% cap · market cap 11.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alpha Sigma Tau Association Or Organization Magnolia Angels Home ... Training Center Nonprofit Organization | Blooming ... Association / Organization Amity PTSO High School

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2184
    Latitude
    39.9137

    FAQs

    What type of property is this?
    Office building - 10,790 SF office building in College Park area.
    Where is this office building located?
    The property is located at 3334 Founders Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 10,790 square feet of well‑maintained office space; 36 surface parking spaces; Convenient access to Interstate 465 and Michigan Road
    (317) 454-2241 Call to check price and availability
    More about this property
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