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Township Line Road Office Space
For Lease
$22.50 SF/Yr Modified Gross

8081 Township Line Road, Indianapolis, IN 46260

First floor office space near Ascension St. Vincent Hospital.

Space SizeContact for details
Days on Market273

Property Features for 8081 Township Line Road

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Indianapolis
Listed By: Jeff Merritt · License #RB14033827
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 21 at 2:32PM

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 CBRE - Indianapolis

Investment Insights

Based on property information with market context.

The property at 8081 Township Line Road offers 18,815 square feet of leasable office space on the full first floor. The space is demisable and was formerly a surgery center. It features plentiful parking, exterior signage opportunities, and ten existing restrooms. Exceptional property management is in place, and the building includes a beautiful lobby area. The location is minutes from the Ascension St. Vincent Hospital campus, healthcare providers, and senior living facilities. Numerous retail opportunities, restaurants, and hotel options support the area. The property is located 5 minutes from I-465 and the US Interstate system. The lease rate is $22.50 per square foot on a modified gross basis.

Key Highlights

  • Located minutes from Ascension St. Vincent Hospital campus and healthcare providers
  • Former Surgery Center (suitable for medical use)
  • Plentiful Parking

Property Analytics

Current Use

Nicole L. Plenty, ... Medical Clinic Dr. James A. Myers, ... Physician Maternal-Fetal Medicine Specialists ... Medical Clinic Northside OBGYN Medical Clinic Dawn M. Zimmer, ... Medical Clinic

Suggested Use

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

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,156
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46260, IN

34,188
Population
16,376
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.4 sq mi
ZIP Area
3,287
Density / Sq Mi
$70,642
Median Household Income
$38,682
Median Earnings
$1,080
Median Rent
$271,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.92 /SF/Yr
Avg Asking Price
$16.98–$22.5 /SF/Yr
Price Range
9,563 SF
Avg Space Size

This space is priced 19% above the average of $18.92 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - First floor office space near Ascension St. Vincent Hospital.
Where is this medical office space located?
The property is located at 8081 Township Line Road Indianapolis, IN.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Located minutes from Ascension St. Vincent Hospital campus and healthcare providers; Former Surgery Center (suitable for medical use); Plentiful Parking
More about this property
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