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Modernized Office Space with Amenities
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500-550 N Meridian St, Indianapolis, IN

Office space featuring on-site cafe, fitness center, and parking.

Space Size3,848 SF - 34,000 SF
Lot Size2.40 Acres
Days on Market302

Property Features for 500-550 N Meridian St

General Information

Standard status Active
Size 3,848 SF - 34,000 SF
Lot size 2.40 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 500-550 N Meridian St Contact us

500 N Meridian St

Floor
1
Size
14,500 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 245,406 RSF building size - 34,620 RSF floorplate - 4:1,000 parking ratio - 7 floors
Contact us

500 N Meridian St

Floor
6
Size
34,000 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 245,406 RSF building size - 34,620 RSF floorplate - 4:1,000 parking ratio - 7 floors
Contact us

500 N Meridian St

Floor
7
Size
34,000 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 245,406 RSF building size - 34,620 RSF floorplate - 4:1,000 parking ratio - 7 floors
Contact us

550 N Meridian St

Floor
1
Size
3,848 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Modernized office space with LED lighting and new finishes - On-site cafe and fitness...
show more
Contact us

550 N Meridian St

Floor
1
Size
5,148 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Modernized office space with LED lighting and new finishes - On-site cafe and fitness...
show more
Contact us

550 N Meridian St

Floor
1
Size
7,487 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Modernized office space with LED lighting and new finishes - On-site cafe and fitness...
show more
Contact us

550 N Meridian St

Floor
2
Size
31,764 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Modernized office space with LED lighting and new finishes - On-site cafe and fitness...
show more
Contact us

550 N Meridian St

Floor
3
Size
31,756 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Modernized office space with LED lighting and new finishes - On-site cafe and fitness...
show more
Contact us

500 N Meridian St | 5th Floor Sublease $16/SF/Yr

Floor
5
Size
13,576 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
Yes
13,576 SF available for sublease on 5th Floor Exterior signage opportunity Vibrant...
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Listing Agency: JLL | Indianapolis
Listed By: John Robinson · License #RB14033670
Source: Moodyscre
Added: Nov 6, 2025 Changed: Aug 8 Last Checked: Sep 2 at 6:35PM

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 modernized office space, totaling 9,151 square feet, features LED lighting and new finishes. The property includes an on-site cafe and fitness center, along with 24-hour security. Exterior signage opportunities are available with Meridian. The location offers street visibility and includes surface parking, as well as a free parking garage attached via skyway, providing a ratio of 4 spaces per 1,000 square feet. Strategically situated near numerous amenities, the property is approximately 25 minutes from Indianapolis International Airport.

Key Highlights

  • Free parking garage attached via skyway (4/1,000) and surface parking
  • Exterior signage opportunity with Meridian and street visibility**
  • On‑site cafe and fitness center

Property Analytics

Current Use

Office Units

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,223
Businesses Nearby

Market

Lease Benchmarks for Indianapolis, IN

$28.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,953 SF
Avg Space Size

This space is priced 44% below the average of $28.72 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space featuring on-site cafe, fitness center, and parking.
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: Free parking garage attached via skyway (4/1,000) and surface parking; Exterior signage opportunity with Meridian and street visibility**; On‑site cafe and fitness center
(317) 810-7172 Call to check price and availability
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