Downtown Office Sublease
For Lease
Contact for pricing
500-550 N Meridian St, Indianapolis, IN 46204
5th-floor office space with large windows, shared amenities, and dedicated parking garage access via skywalk.
Property Size13,576 SF
Days on Market141
Property Features for 500-550 N Meridian St
General Information
Standard status
Active
Size
13,576 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Business Included
No
Amenities
on-site café
fully-equipped conference room
fitness
on-site property management team
24/7 security personnel
Listing Agency:
Colliers
(317) 507-8591
Listed By:
Rich Forslund · License #RB14046182
(317) 507-8591
Source:
Moodyscre
Added: Mar 12
Changed: Jul 28
Last Checked: Jul 29 at 3:15PM
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 Colliers
Investment Insights
Based on property information with market context.
Available for sublease is 13,576 square feet on the 5th floor. The suite features large windows designed for natural light and includes access to shared amenities such as an on-site café, a fully equipped conference room, and a fitness area.
The building offers exterior signage opportunity and is described as walkable to the Mass Ave Cultural District. The space overlooks a green park area, the War Memorials, and the Cultural Trail.
Dedicated parking is available through a connected parking garage with access via skywalk and covered walkway. An on-site property management team and 24/7 security personnel are also provided. The sublease expires 03.31.31, and the parking ratio is listed as 4 spaces per 1,000 square feet.
The building offers exterior signage opportunity and is described as walkable to the Mass Ave Cultural District. The space overlooks a green park area, the War Memorials, and the Cultural Trail.
Dedicated parking is available through a connected parking garage with access via skywalk and covered walkway. An on-site property management team and 24/7 security personnel are also provided. The sublease expires 03.31.31, and the parking ratio is listed as 4 spaces per 1,000 square feet.
Key Highlights
- 13,576 SF available for sublease on the 5th floor
- Sublease expiration: 03.31.31; sublease rate: $16.00/SF
- Large windows provide natural light
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,201
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
Lease Benchmarks for Indianapolis, IN
$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size
This space is priced 24% below the average of $21.07 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 5th-floor office space with large windows, shared amenities, and dedicated parking garage access via skywalk.
Where is this office units located?
The property is located at 500-550 N Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 13,576 SF available for sublease on the 5th floor; Sublease expiration: 03.31.31; sublease rate: $16.00/SF; Large windows provide natural light
