Single-Story Office Building For
For Sale
Contact for pricing
6809 Corporate DR, Indianapolis, IN
5,313 SF office building with extensive improvements and parking.
Property Size5,313 SF
Lot Size0.72 Acres
Price / SF$190.10
Days on Market316
Property Features for 6809 Corporate DR
General Information
Standard status
Active
Size
5,313 SF
Lot size
0.72 Acres
Property subtype
OFFICE
Listing Agency:
Colliers
(317) 713-2100
Listed By:
Nick Trimpe
(317) 713-2346
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 14
Last Checked: Oct 5 at 8:57PM
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 Colliers
Investment Insights
Based on property information with market context.
This single-story building offers approximately 5,313 square feet of space on a 0.91-acre lot. The property features extensive interior and exterior improvements and includes approximately 22 dedicated parking spaces. Furniture is potentially available to the buyer. Zoned C3 - Commercial Special District, the property is situated within one of Indianapolis' most active commercial flex/industrial zones. Its location off I-465 provides convenient access to dining, retail, and lifestyle amenities, offering an excellent opportunity for an owner-occupant.
Key Highlights
- Excellent owner‑occupant opportunity with a ± 5,313 SF single‑story building.
- Convenient location off I‑465 with easy access to dining, retail, and lifestyle amenities.
- Extensive interior and exterior improvements.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,148
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,960
$1.4M
Cap Rate 7%
$1,002,114
$1.0M
Cap Rate 9%
$779,422
$779.4K
Market Conditions
NOI Build-Up for 5,313 SF
Gross rent
$114.8K $21.60/SF
− Vacancy
−$21.2K −$4.00/SF
EGI
$93.5K $17.60/SF
− OpEx
−$23.4K −$4.40/SF
NOI
$70.1K $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%
$1,402,960
Cap Rate 7%
$1,002,114
Cap Rate 9%
$779,422
Alternative Uses
Best Use
Office B
$1.00M
$876.9K – $1.17M
NOI $70,148 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,574 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
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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 - 5,313 SF office building with extensive improvements and parking.
Where is this office building located?
The property is located at 6809 Corporate DR Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,010,000.
What are key features of this property?
This property features: Excellent owner‑occupant opportunity with a ± 5,313 SF single‑story building.; Convenient location off I‑465 with easy access to dining, retail, and lifestyle amenities.; Extensive interior and exterior improvements.
