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Medical Office Park with Private Entrances
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8849 Shelby Street, Indianapolis, IN 46227

Medical office buildings with private entrances and patient-at-the-door parking near Community Hospital South.

Space Size4,288 SF - 6,159 SF
Property Size75,984 SF
Days on Market66

Property Features for 8849 Shelby Street

General Information

Standard status Active
Size 4,288 SF - 6,159 SF
Class B
Property subtype Office

Building Details

Building Size 75,984 SF
Year Built 1996

Spaces For Lease

at 8849 Shelby Street Contact us

Suite A1 - 8921 - Bldg 5

Size
6,159 SF
Type
Medical
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite C1 - 8851 - Bldg 6

Size
4,288 SF
Type
Medical
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Alo Property Group
Listed By: Drew Deffner
Source: Alopg
Added: Jun 24 Changed: Aug 22 Last Checked: Aug 26 at 5:56AM

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.

Southpointe Office Park offers medical office space made up of six medical office buildings totaling 75,984 SF. The property is designed with private entrances for convenient patient access and includes at-the-door parking to support easy arrival and wayfinding.

The office park is located at a signalized intersection of County Line Road and Shelby Street. It is positioned about one block from the Community Hospital South campus, supporting daily clinician and patient traffic.

For tenants seeking a medical office setting, the combination of private entrances and close hospital proximity can simplify patient entry and operations. The multi-building configuration provides options within the park for medical users that want an established office environment with patient-focused access.

Key Highlights

  • Southpointe Office Park features 6 medical office buildings totaling 75,984 SF
  • Located at the signalized intersection of County Line Road and Shelby Street
  • About one block from Community Hospital South campus

Property Analytics

Current Use

Ripley Orthodontics Dental Office Dr. Kirk Ripley Dental Office Susan E. Wagner ... Dental Office Retina Specialists of Indiana Medical Clinic Debra Stephens Physician

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Building Supply Bakery Plumbing 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.19 /SF/Yr
Avg Asking Price
$16.98–$22.5 /SF/Yr
Price Range
9,697 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office buildings with private entrances and patient-at-the-door parking near Community Hospital South.
Where is this medical office space located?
The property is located at 8849 Shelby Street Indianapolis, IN.
What are key features of this property?
This property features: Southpointe Office Park features 6 medical office buildings totaling 75,984 SF; Located at the signalized intersection of County Line Road and Shelby Street; About one block from Community Hospital South campus
More about this property
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