Monument Circle Mixed-Use Trophy
For Sale
Contact for pricing
40 Monument Circle, Indianapolis, IN 46204
Premier mixed-use office and retail asset on Monument Circle.
Property SizeContact for details
Days on Market1070
Property Features for 40 Monument Circle
General Information
Standard status
Active
Class
A
Property subtype
Mixed Use
Zoning
CBD1
Investment Type
Owner/User
Building Details
Year Built
1998
Buildings
1
Stories
7
Listing Agency:
Cushman & Wakefield - Indianapolis, Indiana
Listed By:
Rebecca Wells, CCIM · License #IN RB14043265
Source:
Crexi
Added: Sep 26, 2023
Changed: Aug 26
Last Checked: Aug 26 at 7:14PM
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 Cushman & Wakefield - Indianapolis, Indiana
Investment Insights
Based on property information with market context.
Located directly on Monument Circle in Indianapolis, Indiana, 40 Monument Circle presents an owner/user opportunity for a trophy mixed-use asset. Formerly the headquarters of Emmis Corporation, this property offers an exceptional opportunity to create a Class A+ office and retail environment. The property features four floors of available office space with a floor plate of approximately 24,000 rentable square feet, totaling up to approximately 100,000 rentable square feet. These floors can accommodate various tenant combinations. An expansive three-story lobby is suitable for conversion into tourism retail or a high-end restaurant. Tenants will benefit from views, signage rights, and visibility in a walkable, vibrant downtown area that serves as the state capitol and the center of business activity.
Key Highlights
- Premier mixed‑use asset directly on Monument Circle, the heart of Indianapolis.
- Exceptional opportunity to create a new, unique Class A+ office and retail environment.
- Unparalleled views and signage rights at the center of downtown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,857
Businesses Nearby
Explore this area
Business Placement
Demographics for 46204, IN
9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Premier mixed-use office and retail asset on Monument Circle.
Where is this mixed-use property located?
The property is located at 40 Monument Circle Indianapolis, IN.
What is the asking price?
The asking price for this property is $35,000,000.
What are key features of this property?
This property features: Premier mixed‑use asset directly on Monument Circle, the heart of Indianapolis.; Exceptional opportunity to create a new, unique Class A+ office and retail environment.; Unparalleled views and signage rights at the center of downtown.
