Indianapolis Office Space For
543 E Market St Indianapolis, IN
For Sale
Contact for pricing
3,162 SF office space available in Indianapolis.
Property Size3,162 SF
Lot Size0.09 Acres
Price / SF$156.55
Days on Market485
Property Features for 543 E Market St
General Information
Standard status
Active
Size
3,162 SF
Lot size
0.09 Acres
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Indianapolis
(317) 414-4874
Listed By:
Bennett M. Williams
(317) 414-4874
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Jul 6
Last Checked: Jul 21 at 7:01AM
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.
This property offers 3,162 square feet of office space. It is located on E Market St in Indianapolis, IN.
Key Highlights
- 3,162 SF office space available
- Located in Indianapolis
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 | $68.3k | $21.60 |
| − Vacancy | −$12.6k | −$4.00 |
| EGI | $55.7k | $17.60 |
| − OpEx | −$13.9k | −$4.40 |
| NOI | $41.7k | $13.20 |
3,162 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$596.4K
$521.9K – $695.8K
NOI $41,748 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.1K
$688.7K – $918.3K
NOI $55,095 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 3,162 SF office space available in Indianapolis.
Where is this office units located?
The property is located at 543 E Market St Indianapolis, IN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,162 SF office space available; Located in Indianapolis
