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Refurbished Office Unit
For Lease
$1,800/Mo

7601 Michigan Rd, Indianapolis, IN 46268

Flexible commercial space with renovated interior and exterior finishes.

Space SizeContact for details
Days on Market56

Property Features for 7601 Michigan Rd

General Information

Standard status Active

Additional Details

Space Use Office
Road Access Yes

Building Details

Year Built 1900
Listing Agency: JB Real Estate Consultants
Listed By: Janis Bradley · License #RB14011350
Source: Mcwatersrealestate
Added: Aug 22 Changed: Oct 13 Last Checked: Oct 7 at 4:49PM

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 JB Real Estate Consultants

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Investment Insights

Based on property information with market context.

This 1,708-square-foot office unit occupies a building constructed in 1900 and subsequently renovated throughout. The property includes a flexible floor plan, updated systems, and an inviting exterior suited to a range of professional and service-oriented business formats.

Located at 7601 Michigan Rd in Indianapolis, the building fronts a main road with steady traffic flow. Previous occupants have included a church, braid salon, spa, boutique, and hair salon, demonstrating a varied commercial history. The space may accommodate office, wellness, café, event, creative, fitness, or dance-oriented concepts, subject to applicable requirements.

Key Highlights

  • 1,708 SF office unit in a renovated building
  • Building constructed in 1900 and renovated throughout
  • Flexible floor plan with updated systems

Property Analytics

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Current Use

Nu Glow Esthetics Spa & Massage Center Safari African Hair ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Big Box & Wholesale Store HVAC Service

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
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Market

Lease Benchmarks for Indianapolis, IN

$22.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,675 SF
Avg Space Size

This space is priced 44% below the average of $22.72 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025

Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial space with renovated interior and exterior finishes.
Where is this office units located?
The property is located at 7601 Michigan Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,708 SF office unit in a renovated building; Building constructed in 1900 and renovated throughout; Flexible floor plan with updated systems
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