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    11 Municipal Dr Fishers, IN 46038

    Sponsored
    For Lease
    $33 SF/Yr

    Prime Fishers office, single tenant, 11,945 sq ft.

    Lot size:
    11,945 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,945-square-foot office space at 11 Municipal Drive in Fishers, Indiana, 46038, offers a unique blend of modern design and convenient location. The property features a high-end, progressive design incorporating strong glass lines and high-quality materials. Its efficient layout and floor plates maximize usability. Situated in a desirable infill location, the building benefits from a walkable amenity base, including retail shops, residential areas, public parks, and the Fishers Municipal Complex. Excellent access to all parts of Indianapolis is ensured via easy access to I-69 and I-465. This property boasts a prestigious Fishers address, just steps from City Hall. The building is part of one of the few "new urbanism" project areas in the city and state, offering a unique and sought-after environment. Limited land availability creates a high barrier to entry for new office development in this area. The location is also adjacent to controlled surface parking with additional parking options available. The entire top floor is available for lease, and existing furniture is available for a seamless "plug and play" setup. This property is ideally situated near executive and millennial housing, making it an attractive option for businesses seeking a vibrant and convenient location.

    Property Features for 11 Municipal Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,945 SF

    Unit(s) available at that property

    Space
    Size
    11,945 SF
    Rate per SF
    $33

    HighLights

    • 11,945 SF office space at 11 Municipal Drive, Fishers, IN 46038.
    • Modern design with efficient layout and high‑quality materials.
    • Desirable infill location with walkable amenities, including retail, residential, parks, and the Fishers Municipal Complex.
    • Excellent access to I‑69 and I‑465 for easy Indianapolis access.
    • Prestigious Fishers address, near City Hall, in a "new urbanism" development area with limited land availability.
    • Controlled surface parking and additional parking options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edify Labs Inc Software Company Therapeutic Hands Wellness ... Massage Therapist Honor Yoga Fishers Yoga Studio Office Pride Commercial ... Commercial Cleaning Service Office Evolution - Fishers, IN Coworking Space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0166576
    Latitude
    39.9608683

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Fishers office, single tenant, 11,945 sq ft.
    Where is this office property / space located?
    The property is located at 11 Municipal Dr Fishers, IN.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: 11,945 SF office space at 11 Municipal Drive, Fishers, IN 46038.; Modern design with efficient layout and high-quality materials.; Desirable infill location with walkable amenities, including retail, residential, parks, and the Fishers Municipal Complex.
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    11 Municipal Dr Fishers, IN 46038
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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
    11 Municipal Dr Fishers, IN 46038
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