Renovated Office
9114 Technology Ln Fishers, IN 46038
9114 Technology Ln, Fishers, IN, 46038
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For Sale
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Renovated in 2021 with modernized interiors, updated systems, flexible floor planning, and ample on-site parking.
Property Size14,232 SF
Price / SF$386.45
Days on Market129
Property Features for 9114 Technology Ln
General Information
- Standard status
- Active
- Size
- 14,232 SF
- Property subtype
- OFFICE
Listing agency
Premier Commercial Real Estate Services, Inc.
(317) 679-4046
Listed by
Matt Ferguson · License #RB17000936
(317) 679-4046
Source
Moodyscre
Added: Mar 16 Updated: Jul 22 at 12:09AM Checked: Jul 22 at 12:09AM
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 Premier Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This renovated office building was updated in 2021 and features a modernized interior with updated systems and finishes. The layout is designed with a flexible floor plan to support a range of office configurations. Ample on-site parking is available for employees and visitors.
The property is located minutes from I-69, placing it within an area described as having high demand.
For buyers seeking an office building with recent renovations and adaptable space, this asset offers a refreshed interior and practical parking convenience.
The property is located minutes from I-69, placing it within an area described as having high demand.
For buyers seeking an office building with recent renovations and adaptable space, this asset offers a refreshed interior and practical parking convenience.
Key Highlights
- Renovated in 2021 with modernized interior updates
- Updated systems and finishes, plus a flexible floor plan
- Ample on‑site parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $298.9k | $21.00 |
| − Vacancy | −$55.3k | −$3.89 |
| EGI | $243.6k | $17.12 |
| − OpEx | −$60.9k | −$4.28 |
| NOI | $182.7k | $12.84 |
14,232 SF · lease $21.00/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.61M
$2.28M – $3.04M
NOI $182,686 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.50M
$3.07M – $4.09M
NOI $245,280 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MediaFuel
Advertising Agency
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FAQs
What type of property is this?
Office building - Renovated in 2021 with modernized interiors, updated systems, flexible floor planning, and ample on-site parking.
Where is this office building located?
The property is located at 9114 Technology Ln Fishers, IN.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Renovated in 2021 with modernized interior updates; Updated systems and finishes, plus a flexible floor plan; Ample on‑site parking
