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Multi-Tenant Office Building
New
For Sale
$1,800,000

698 Oldefield Commons Dr, Greenwood, IN 46142

Seven tenants occupy the property, with the building fully leased.

Property Size10,930 SF
Price / SF$132.35
Days on Market1

Property Features for 698 Oldefield Commons Dr

General Information

Standard status Active
Size 10,930 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Year Built 2005
Buildings 1
Building Size 10,930 SF
Tenancy Multi
Listing Agency: Highgarden Real Estate
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Sep 24 Last Checked: Sep 24 at 1:59PM

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 Highgarden Real Estate

Investment Insights

Based on property information with market context.

Built in 2005, this office building has seven tenants and is fully leased. The two largest tenants have lease terms extending to mid-2030 or later, while the third-largest tenant’s lease runs into early 2029.

The property is at 698 Oldefield Commons Dr in Greenwood, Indiana. The current property manager may remain in place at the new owner’s option.

Key Highlights

  • Fully leased to 7 tenants
  • Built in 2005
  • The two largest tenants have leases extending to mid‑2030 or later

Property Analytics

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Current Use

Creative Marketing Solutions Advertising Agency

Suggested Use

Top Pick Law Firm Spa & Massage Center Gym & Fitness Center HVAC Service Big Box & Wholesale Store Accounting Firm

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 46142, IN

32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven tenants occupy the property, with the building fully leased.
Where is this office building located?
The property is located at 698 Oldefield Commons Dr Greenwood, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Fully leased to 7 tenants; Built in 2005; The two largest tenants have leases extending to mid‑2030 or later
More about this property
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