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Indianapolis Office Space For Lease
For Lease
$18 SF/Yr

602 N Capitol Ave, Indianapolis, IN 46204

Up to 5,547± SF office space available for lease.

Property Size5,547 SF
Days on Market145

Property Features for 602 N Capitol Ave

General Information

Standard status Active
Size 5,547 SF
Property subtype office.office_building,office.creative_loft
Listing Agency: Avison Young - US - IN - Indianapolis
Listed By: Bill Ehret, SIOR · License #RB17000848
Source: Avisonyoung
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 10 at 1:15PM

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 Avison Young - US - IN - Indianapolis

Investment Insights

Based on property information with market context.

Located at 602 N Capitol Ave, Indianapolis, IN 46204, this property offers up to 5,547± square feet of second-floor office space available for lease. The property includes 11 dedicated parking spots, with additional street parking available. Building signage is available. The location provides easy access to I-65 and I-70. It is a short walk to the Indianapolis Cultural Trail, IUPUI campus, Indiana Statehouse, Mass Ave, and Monument Circle.

Key Highlights

  • Up to 5,547± sf of second floor office space available
  • Prime location: Short walk to Cultural Trail, IUPUI, Statehouse, Mass Ave, and Monument Circle
  • 11 dedicated parking spots with additional street parking

Property Analytics

Current Use

Tide Cleaners (Bike/Boat/Book/etc) Store Ivan Barratt Property Management Company Creative Engineering Solutions Engineer Tide Dry Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Electrical Service Pet Grooming Service Garden Center Discount Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,996
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Up to 5,547± SF office space available for lease.
Where is this office building located?
The property is located at 602 N Capitol Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Up to 5,547± sf of second floor office space available; Prime location: Short walk to Cultural Trail, IUPUI, Statehouse, Mass Ave, and Monument Circle; 11 dedicated parking spots with additional street parking
More about this property
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