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    7202-7212 Shadeland Ave Indianapolis, IN 46250

    Sponsored
    For Lease
    $16 SF/Yr

    Indianapolis Executive Office Space

    Lot size:
    21,994 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Castle Point, a Class B office building in Indianapolis, Indiana, offers 21,994 square feet of flexible space ideal for executive or creative offices. Located at 7202-7212 N Shadeland Ave, this 1.88-acre property boasts 8 available suites ranging from 690 to 2,192 contiguous square feet, with a total of 10,592 square feet currently vacant. Built in 1974 and under new ownership and management, the building features recent updates and offers full-service office leases. Its prime location on Shadeland Avenue, between 71st and 75th Streets, provides unparalleled connectivity via easy access to I-465, I-69, and Binford Boulevard. The area offers convenient access to numerous amenities, including Ruth's Chris Steak House and Mimi Blue Meatballs for business lunches, The Fashion Mall at Keystone for retail, and Sahm Park for relaxation. Signage opportunities are available, making this a desirable location for startups or expanding companies seeking a strategic position within Indianapolis's dynamic business landscape. The property is situated in Marion County, Indiana, with a zip code of 46250.

    Property Features for 7202-7212 Shadeland Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,994 SF
    Class
    B
    Total Rate
    30241.75

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    7202-Suite 114
    Size
    1,227 SF
    Rate per SF
    $16
    Space
    7212-Suite 100
    Size
    2,192 SF
    Rate per SF
    $16
    Space
    7212-Suite 209
    Size
    1,370 SF
    Rate per SF
    $16
    Space
    7202-Suite 115
    Size
    1,098 SF
    Rate per SF
    $16
    Space
    7212 - Suite 210
    Size
    1,079 SF
    Rate per SF
    $16
    Space
    7202 - Suite 217
    Size
    690 SF
    Rate per SF
    $16
    Space
    7202 - Suite 127
    Size
    1,702 SF
    Rate per SF
    $16
    Space
    7212 - Suite 222A
    Size
    1,234 SF
    Rate per SF
    $16

    HighLights

    • Building signage available.
    • Recent building upgrades including new carpet and exterior paint.
    • Excellent location near restaurants, shopping (The Fashion Mall at Keystone), and a park.
    • New ownership and management team.
    • Convenient access to I‑465, I‑69, and Binford Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0465074
    Latitude
    39.8850906

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    FAQs

    What type of property is this?
    Office space - Indianapolis Executive Office Space
    Where is this office space located?
    The property is located at 7202-7212 Shadeland Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Building signage available.; Recent building upgrades including new carpet and exterior paint.; Excellent location near restaurants, shopping (The Fashion Mall at Keystone), and a park.
    Request Owner's contact information
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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
    7202-7212 Shadeland Ave Indianapolis, IN 46250
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