40 Monument Circle Indianapolis, IN 46204

Building Details

Year Built

1998

Listing office Cushman & Wakefield - Indianapolis, Indiana

Listing date Sep 26, 2023

Source Crexi

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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.

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FAQs

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.