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Meridian Street Office Space Available
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9240 N Meridian St, Indianapolis, IN 46260

Centrally located office space with superior management and signage.

Space Size802 SF - 2,771 SF
Property Size13,223 SF
Days on Market2145

Property Features for 9240 N Meridian St

General Information

Standard status Active
Size 802 SF - 2,771 SF
Property subtype Office
Lease Type Full Service

Building Details

Building Size 13,223 SF
Tenancy Multiple

Spaces For Lease

at 9240 N Meridian St Contact us

180

Size
2,771 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 350

Size
802 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Tim Norton · License #IN RB14025470
Source: Crexi
Added: Oct 20, 2020 Changed: Aug 31 Last Checked: Aug 29 at 11:21AM

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 Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This office space is centrally located on Meridian Street at the intersection of 91st and Meridian. The property benefits from superior ownership and property management. Exterior building signage is available. The building exterior has been newly painted. The main entry, lobby and elevator cabs have been upgraded.

Key Highlights

  • Centrally located on Meridian Street at the intersection of 91st & Meridian
  • $21.00 / sf full service
  • Upgraded main entry, lobby + elevator cabs

Property Analytics

Current Use

Indiana Oral and Maxillofacial ... Dental Office Singh Swati DDS Dental Office Sam Bullard DDS, ... Dental Office Brown Lisa B ... Physician Doris K. Cramer, ... Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Nail Salon Hair Salon HVAC 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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby

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

$19.9 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
13,554 SF
Avg Space Size

This space is priced 6% above the average of $19.9 /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
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Frequently Asked Questions

What type of property is this?
Office building - Centrally located office space with superior management and signage.
Where is this office building located?
The property is located at 9240 N Meridian St Indianapolis, IN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Centrally located on Meridian Street at the intersection of 91st & Meridian; $21.00 / sf full service; Upgraded main entry, lobby + elevator cabs
More about this property
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