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Medical Office Spec Suite Available
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8820-8830 S Meridian St, Indianapolis, IN

Medical office building with spec suite for lease in Indianapolis.

Property Size1,675 SF
Lot Size8.36 Acres
Days on Market247

Property Features for 8820-8830 S Meridian St

General Information

Standard status Active
Size 1,675 SF
Lot size 8.36 Acres
Property subtype OFFICE
Listing Agency: Alo Property Group
Listed By: Drew Deffner
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 22 at 3:39AM

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 Alo Property Group

Investment Insights

Based on property information with market context.

Located on the south side of Indianapolis, this two-story medical office building contains 71,739 square feet. It is occupied by medical office users and an outpatient surgery center. A newly renovated 1,675-square-foot spec suite is available for lease, offering an opportunity for a smaller private practitioner. The property features ample parking, high visibility from State Road 135, and a canopied entrance. Onsite lab, X-Ray, MRI, and CT services are available. The building is located minutes from Greenwood Park Mall, County Line Road, and State Road 37.

Key Highlights

  • High visibility from SR 135 and canopied entrance.
  • Located on the south side of Indianapolis.
  • Onsite lab, X‑Ray, MRI, and CT.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Indianapolis, IN

$17.89 /SF/Yr
Avg Asking Price
$12–$22.5 /SF/Yr
Price Range
7,645 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building with spec suite for lease in Indianapolis.
Where is this medical office space located?
The property is located at 8820-8830 S Meridian St Indianapolis, IN.
What are key features of this property?
This property features: High visibility from SR 135 and canopied entrance.; Located on the south side of Indianapolis.; Onsite lab, X‑Ray, MRI, and CT.
(317) 376-3897 Call to check price and availability
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