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 Market1117
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:
John Crisp · License #IN
(317) 639-0468
Source:
Crexi
Added: Sep 26, 2023
Changed: Oct 4
Last Checked: Oct 14 at 11:09PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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?
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.
