543 E Market St, Indianapolis, IN
3,162 SF office space available in Indianapolis.
- Added:
- Apr 2, 2025
- Days on Market:
- 434
- Last Refresh:
- May 20 at 8:15 pm
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 agent Bennett M. Williams (317) 414-4874
Listing office Cushman & Wakefield | Indianapolis (317) 414-4874
Listing date Apr 2, 2025
Source Moodyscre
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
HighLights
- 3,162 SF office space available
- Located in Indianapolis
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1663
- Latitude
- 39.7776