Class A Office Units with Drive-In
For Sale
Contact for pricing
4611 Lisborn Dr, Carmel, IN 46033
New Class A office units with at-your-door parking and a custom 14’ drive-in door.
Property Size9,500 SF
Price / SF$263.16
Days on Market557
Property Features for 4611 Lisborn Dr
General Information
Standard status
Active
Size
9,500 SF
Class
Class A
Property subtype
OFFICE
Amenities
building signage
drive-in door
Building Details
Building Size
9,500 SF
Listing Agency:
Cushman & Wakefield | Indianapolis
(317) 414-4874
Listed By:
Bennett M. Williams
(317) 414-4874
Source:
Moodyscre
Added: Jan 20, 2025
Changed: Jul 30
Last Checked: Jul 30 at 9:41AM
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
Investment Insights
Based on property information with market context.
New, Class A office units offering 9,500 total square feet at 4611 Lisborn Dr, Carmel, IN 46033. Suites provide up to 2,200 to 6,600 square feet for lease, and Suite 100 includes a 700-square-foot mezzanine on the second floor.
The building is designed for convenient tenant access, featuring a custom 14’ drive-in door and at-your-door parking. Building signage is also available.
The property sits in immediate proximity to Bridgewater Country Club, supporting easy local wayfinding for employees and visitors.
The building is designed for convenient tenant access, featuring a custom 14’ drive-in door and at-your-door parking. Building signage is also available.
The property sits in immediate proximity to Bridgewater Country Club, supporting easy local wayfinding for employees and visitors.
Key Highlights
- New, Class A construction with 9,500 total square feet
- 2,200–6,600 square feet available for lease
- Suite 100 includes a 700‑square‑foot second‑floor mezzanine
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $199.5k | $21.00 |
| − Vacancy | −$35.9k | −$3.78 |
| EGI | $163.6k | $17.22 |
| − OpEx | −$40.9k | −$4.31 |
| NOI | $122.7k | $12.92 |
9,500 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,693 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,420 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 46033, IN
39,002
Population
14,725
Households
2.6
Avg Household Size
42
Median Age
72%
College-Educated
98%
High-School Grad
17.4 sq mi
ZIP Area
2,241
Density / Sq Mi
$150,529
Median Household Income
$75,667
Median Earnings
$1,597
Median Rent
$458,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - New Class A office units with at-your-door parking and a custom 14’ drive-in door.
Where is this office units located?
The property is located at 4611 Lisborn Dr Carmel, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: New, Class A construction with 9,500 total square feet; 2,200–6,600 square feet available for lease; Suite 100 includes a 700‑square‑foot second‑floor mezzanine
