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Seven-Floor Office Building with Large Floorplate
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500-550 N Meridian St, Indianapolis, IN 46204

Seven-floor office building offering a large typical floorplate at 500-550 N Meridian St, Indianapolis.

Property Size34,000 SF
Days on Market481

Property Features for 500-550 N Meridian St

General Information

Standard status Active
Size 34,000 SF
Property subtype OFFICE

Building Details

Stories 7
Building Size 245,406 SF
Parking Ratio 4 per 1,000 SF
Listing Agency: JLL | Indianapolis
Listed By: John Robinson · License #RC50900387
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 30 Last Checked: Jul 30 at 4:18AM

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 JLL | Indianapolis

Investment Insights

Based on property information with market context.

This seven-floor office building at 500-550 N Meridian St, Indianapolis includes a total building size of 245,406 RSF and a 34,620 RSF floorplate. The building’s configuration is set up for efficient tenant occupancy with a typical floorplate size designed for flexible office planning.

Parking is supported by a 4:1,000 parking ratio. The building totals seven floors and is presented as a for-rent opportunity.

Key Highlights

  • 245,406 RSF building size
  • 34,620 RSF floorplate
  • 4:1,000 parking ratio

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Electrical Service Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,201
Businesses Nearby

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

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven-floor office building offering a large typical floorplate at 500-550 N Meridian St, Indianapolis.
Where is this office building located?
The property is located at 500-550 N Meridian St Indianapolis, IN.
What are key features of this property?
This property features: 245,406 RSF building size; 34,620 RSF floorplate; 4:1,000 parking ratio
(317) 810-7172 Call to check price and availability
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