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    225 East St Indianapolis, IN 46202

    Sponsored
    For Lease
    $22 SF/Yr

    Prime Medical Office Suites Available Downtown

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional corporate-class office building in Indianapolis' Central Business District (CBD) offers 24,000 square feet of prime medical and professional office space. Currently, there are three available suites ranging from 5,221 to 6,181 square feet, totaling 18,599 square feet of vacant space. The building boasts top-shelf amenities, making it an ideal location for medical practices or other professional businesses seeking a prestigious address. Located at 225 S East St, Indianapolis, IN 46202, this multi-tenant building is conveniently situated in Marion County. The property features elevators for easy access to all floors. The building's central location within the CBD provides excellent visibility and accessibility for clients and employees. This is a rare opportunity to secure high-quality office space in a thriving downtown area. The available suites offer the potential for customization to meet specific business needs. Interested parties are encouraged to inquire about lease terms and availability. Don't miss this chance to establish your business in a premier Indianapolis location.

    Property Features for 225 East St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    45000

    Unit(s) available at that property

    Space
    Suite 237
    Size
    5,488 SF
    Rate per SF
    $22
    Space
    Suite 390
    Size
    5,221 SF
    Rate per SF
    $22
    Space
    Suite 764
    Size
    6,181 SF
    Rate per SF
    $22

    HighLights

    • ±11,000 SF of available office space, divisible into 5,488 SF and 5,221 SF units.
    • Corporate headquarters‑quality building.
    • Impressive grand lobby with multi‑story atrium.
    • Amenity‑rich lobby including breakout areas and fountains.
    • Secure building with on‑site security, access control, and controlled parking in an attached garage.
    • On‑site deli/café offering catering services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Indiana Conservation Partnership Association Or Organization Syneos Health Medical Center Countrymark Cooperative Holding ... Corporate Office Indiana Cooperative Development ... Association Or Organization Indiana Association-Soil Association Or Organization

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Daycare Center Building Supply Kitchen & Bath Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1473529
    Latitude
    39.7634562

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Suites Available Downtown
    Where is this medical office located?
    The property is located at 225 East St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: ±11,000 SF of available office space, divisible into 5,488 SF and 5,221 SF units.; Corporate headquarters-quality building.; Impressive grand lobby with multi-story atrium.
    Request Owner's contact information
    225 East St Indianapolis, IN 46202
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    Indianapolis, IN 46202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    225 East St Indianapolis, IN 46202
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