Freestanding Office Building with
For Sale
Contact for pricing
6010 W 62ND ST, Indianapolis, IN 46278
Office and laboratory facility with dedicated lab areas, supporting warehouse space, specialized HVAC, and backup power.
Property Size8,093 SF
Price / SF$308.91
Days on Market164
Property Features for 6010 W 62ND ST
General Information
Standard status
Active
Size
8,093 SF
Class
A
Property subtype
Office
Zoning
C-3
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Office Units
1
Amenities
high ceilings
medical-grade HVAC
exterior back-up generator
warehouse with overhead door
exterior and monument signage
Building Details
Year Built
2005
Year Renovated
2022
Buildings
1
Stories
1
Units
1
Building Size
8,093 SF
Tenancy
Single
Listing Agency:
AFFINITY
Listed By:
Bill Welch · License #IN RB24000190
Source:
Crexi
Added: May 4
Changed: Oct 10
Last Checked: Oct 12 at 7:17PM
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 AFFINITY
Investment Insights
Based on property information with market context.
This 8,093-square-foot office building combines a professional workplace layout with dedicated laboratory infrastructure. The interior includes nine private offices, several conference rooms, lab areas with equipment, and storage space. High ceilings, medical-grade HVAC, and an exterior backup generator support specialized operations, while a 712-square-foot warehouse component with an overhead door adds practical service and storage capacity.
The property is located in Park 100 business park and provides direct access to I-465 for connectivity across the Indianapolis metro area. C-3 zoning, exterior signage, and monument signage further support a visible, identifiable business presence. Built in 2005, the facility offers a combination of office, lab, and warehouse improvements within a single freestanding property.
The property is located in Park 100 business park and provides direct access to I-465 for connectivity across the Indianapolis metro area. C-3 zoning, exterior signage, and monument signage further support a visible, identifiable business presence. Built in 2005, the facility offers a combination of office, lab, and warehouse improvements within a single freestanding property.
Key Highlights
- 8,093‑square‑foot freestanding office and laboratory building
- Nine private offices, multiple conference rooms, lab areas, and storage space
- Dedicated laboratory equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,852
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,040
$2.1M
Cap Rate 7%
$1,526,457
$1.5M
Cap Rate 9%
$1,187,244
$1.2M
Market Conditions
NOI Build-Up for 8,093 SF
Gross rent
$174.8K $21.60/SF
− Vacancy
−$32.3K −$4.00/SF
EGI
$142.5K $17.60/SF
− OpEx
−$35.6K −$4.40/SF
NOI
$106.9K $13.20/SF
Area
Indianapolis, IN
Vacancy
18.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,040
Cap Rate 7%
$1,526,457
Cap Rate 9%
$1,187,244
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $106,852 @ 7.0% cap · market cap 4.27%
Second Best
Flex RnD
$1.14M
$994.2K – $1.33M
NOI $79,538 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $141,012 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 46278, IN
8,910
Population
3,357
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
675
Density / Sq Mi
$153,930
Median Household Income
$79,007
Median Earnings
$1,172
Median Rent
$420,200
Median Home Value
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Market
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - Office and laboratory facility with dedicated lab areas, supporting warehouse space, specialized HVAC, and backup power.
Where is this office building located?
The property is located at 6010 W 62ND ST Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 8,093‑square‑foot freestanding office and laboratory building; Nine private offices, multiple conference rooms, lab areas, and storage space; Dedicated laboratory equipment included
