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Medical Office Spec Suite Available
For Lease
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8820-8830 South Meridian Street, Indianapolis, IN 46217

Medical office building with spec suite for lease in Indianapolis.

Space Size1,675 SF - 2,260 SF
Property Size71,739 SF
Days on Market337

Property Features for 8820-8830 South Meridian Street

General Information

Standard status Active
Size 1,675 SF - 2,260 SF
Class A
Property subtype Office

Site & Location

Neighborhood Hill Valley

Building Details

Building Size 71,739 SF
Year Built 1994

Spaces For Lease

at 8820-8830 South Meridian Street Contact us

Suite 235 - 8820 S Meridian

Size 2,260 SF
Type Medical
Term Negotiable
Rate Contact for pricing
Contact us

Suite 245 - 8820 S Meridian

Size 1,675 SF
Type Medical
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: ALO Property Group
Listed By: Drew Deffner
Source: Alopg
Added: Nov 25, 2025 Changed: Oct 25 Last Checked: Oct 28 at 7:01AM

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

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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

Who owns this building? See the owner, sales and loan history
Open 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

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$18.87 /SF/Yr
Avg Asking Price
$16–$22.5 /SF/Yr
Price Range
12,066 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

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 South Meridian Street 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.
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