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Single-Story Office Building For Sale
For Sale
$2,500,000

805 Beachway Drive, Indianapolis, IN 46224

30,338 SF office building leased through 2026.

Property Size30,338 SF
Price / SF$82.27
Days on Market204

Property Features for 805 Beachway Drive

General Information

Standard status Active
Size 30,338 SF
Property subtype Office

Building Details

Building Size 30,338 SF
Listing Agency: NAI Cressy
Listed By: Andrew Follman · License #RB14043685
Source: Commercialcafe
Added: Mar 27 Changed: Oct 14 Last Checked: Oct 16 at 6:03AM

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 NAI Cressy

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Investment Insights

Based on property information with market context.

The property at 805 Beachway Drive is a 30,338 square foot single-story office building. It is currently configured with two tenant spaces. The entire building is leased on a triple net basis by Anew Health through November 30, 2026. The tenant has two, one-year options to extend the lease, potentially extending it to November 30, 2028. The tenant's premises feature a modern build-out with clerestory windows and updated lighting. The office layout includes flexible open workstation and production floor areas, supported by private offices, conference rooms, and support spaces. Renovations were completed in 2021-2022, including a new roof, HVAC system, and exterior updates. The tenant does not currently occupy the east end, 12,000 square foot space.

Key Highlights

  • Entire building is leased to Anew Health through 11/30/2026 on a triple net basis, providing immediate income.
  • Tenant has two, 1‑year options to extend the lease, potentially extending income stream to 11/30/2028.
  • Building renovation in 2021‑2022 included a new roof, HVAC, and exterior updates.

Property Analytics

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Current Use

HomeFree Rx Pharmacy Fresenius Medical Care: ... Medical Clinic Innotion Real Estate Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 46224, IN

38,822
Population
16,912
Households
2.3
Avg Household Size
32
Median Age
24%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
5,392
Density / Sq Mi
$53,731
Median Household Income
$35,726
Median Earnings
$1,048
Median Rent
$166,500
Median Home Value
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Market

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 building - 30,338 SF office building leased through 2026.
Where is this office building located?
The property is located at 805 Beachway Drive 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: Entire building is leased to Anew Health through 11/30/2026 on a triple net basis, providing immediate income.; Tenant has two, 1‑year options to extend the lease, potentially extending income stream to 11/30/2028.; Building renovation in 2021‑2022 included a new roof, HVAC, and exterior updates.
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