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Second-Floor Office Unit
For Lease
$650/Mo

3737 N Meridian Street, Indianapolis, IN 46208

Commercial Lease, Indianapolis, IN

Space Size642 SF
Lot Size2.12 Acres
Days on Market940

Property Features for 3737 N Meridian Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning C1
Elementary school district pilotED Schools
Middle school district pilotED Schools
High school district pilotED Schools
Directions Take I-65S and 38th St to Boulevard Pl in Center Township. Continue on Boulevard Pl Dr to N Meridian St. Turn left on Meridian St, building will be on the right.
Subdivision 4910 - Marion - Center
Standard status Active
APN 490624162008000101
Lot size 2.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Irr Tr Beg 386.5Ft S Of Se Cor Meridian & 38Thsts 200Ft On Meridian St X 594.5Ft Sl X 100Ft Onpenn St Cont 2.1212Ac+-
Legal Description Irr Tr Beg 386.5Ft S Of Se Cor Meridian & 38Thsts 200Ft On Meridian St X 594.5Ft Sl X 100Ft Onpenn St Cont 2.1212Ac+-

Amenities

security
24hr tenant keycard access

Building Details

Year built 1974
Listing Agency: Triple E Realty, LLC
Listed By: Edwin Watson
Added: Feb 1, 2024 Changed: Aug 20 Last Checked: Aug 29 at 2:06PM
MLS# 21962053

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This second-floor office unit provides 642 square feet of workspace within a commercial property built in 1974. The space is zoned C1 and includes all utilities, allowing occupants to consolidate operating arrangements under the lease. Security measures and tenant keycard access support controlled entry, with access available 24 hours.

The property sits on 2.12 acres at 3737 N Meridian Street in Indianapolis, Indiana. On-site parking serves both tenants and their clients, providing convenient access to the office suite.

Key Highlights

  • 642‑square‑foot office unit on the 2nd floor
  • 24‑hour tenant access through a keycard system
  • All utilities included

Property Analytics

Current Use

Weddell Pediatric Dentistry Dental Office James A. Weddell, DDS Dental Office Weddell Pediatric: Weddell ... Dental Office Kelli R. Lucia-Ijams, ... Dental Office Weddell Lauren S ... Dental Office

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

842
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$33.75 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
7,361 SF
Avg Space Size

This space is priced 64% below the average of $33.75 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space offers included utilities, controlled access, and on-site parking for tenants and visitors.
Where is this office units located?
The property is located at 3737 N Meridian Street 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 office unit on the 2nd floor; 24‑hour tenant access through a keycard system; All utilities included
More about this property
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