Indianapolis Office Building For
For Sale
Contact for pricing
3600 Woodview Trace, Indianapolis, IN 46278
Prime location with I-465 visibility and recent building updates.
Property Size71,658 SF
Price / SF$0.00
Days on Market390
Property Features for 3600 Woodview Trace
General Information
Standard status
Active
Size
71,658 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
71,658 SF
Properties For Sale
at 3600 Woodview Trace Contact usSuite 130
Size
6,068 SF
Type
Office Building
Term
Negotiable
Suite 180
Size
2,131 SF
Type
Office Building
Term
Negotiable
Suite 200
Size
16,375 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Premier Commercial Real Estate Services, Inc.
Listed By:
Pete Alveal · License #IN123455
(317) 997-9362
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Oct 8
Last Checked: Oct 19 at 5:21AM
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 Premier Commercial Real Estate Services, Inc.
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Investment Insights
Based on property information with market context.
Located on the northwest side of Indianapolis, this office building at Woodview Trace offers a mix of commercial and leisure attractions. The area provides convenient access to dining, shopping centers, and cultural experiences. The property is situated just east of Michigan Rd., with I-465 frontage, in the heart of College Park. Recent building updates include a refurbished lobby, entry, and a new parking lot. The property has a parking ratio of 4.18 per 1,000 SF and on-site storage space. Full-floor availability is offered under new ownership and management. A substantial Tenant Improvement Allowance is available, offering flexibility to fit your specific space needs.
Key Highlights
- Prime location with I‑465 visibility in the desirable College Park area of Indianapolis.
- Full‑service lease availability with a substantial Tenant Improvement Allowance for customized space.
- New Ownership & Property Management.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$946,101
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,922,020
$18.9M
Cap Rate 7%
$13,515,729
$13.5M
Cap Rate 9%
$10,512,233
$10.5M
Market Conditions
NOI Build-Up for 71,658 SF
Gross rent
$1.55M $21.60/SF
− Vacancy
−$286.3K −$4.00/SF
EGI
$1.26M $17.60/SF
− OpEx
−$315.4K −$4.40/SF
NOI
$946.1K $13.20/SF
Area
Indianapolis, IN
Vacancy
18.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,922,020
Cap Rate 7%
$13,515,729
Cap Rate 9%
$10,512,233
Alternative Uses
Best Use
Office B
$13.52M
$11.83M – $15.77M
NOI $946,101 @ 7.0% cap · market cap 5,406,291.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.84M
$15.61M – $20.81M
NOI $1,248,569 @ 7.0% cap · market cap 7,134,680.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
Explore this area
Business Placement
Demographics for 46278, IN
8,910
Population
3,357
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
675
Density / Sq Mi
$153,930
Median Household Income
$79,007
Median Earnings
$1,172
Median Rent
$420,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Office building - Prime location with I-465 visibility and recent building updates.
Where is this office building located?
The property is located at 3600 Woodview Trace Indianapolis, IN.
What are key features of this property?
This property features: Prime location with I‑465 visibility in the desirable College Park area of Indianapolis.; Full‑service lease availability with a substantial Tenant Improvement Allowance for customized space.; New Ownership & Property Management.
