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    13590 Meridian St Carmel, IN 46032

    For Lease
    $25 SF/Yr

    Prime Carmel location, 2 suites available

    Lot size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story, Class B medical office building in Carmel, Indiana, offers 21,000 square feet of space, with two available suites ranging from 2,177 to 3,446 contiguous square feet. Currently, 5,623 square feet are vacant. Built in 2003, the building features modern architecture and high-end finishes, as evidenced by a previously occupied dental suite with five exam rooms, a lab, x-ray room, two offices, reception area, break room with laundry hookup, and a private restroom and shower. The property boasts ample parking and convenient access to major transportation routes, including US 31 and 136th Street. Its strategic location offers excellent visibility and proximity to upscale dining, shopping, and entertainment options, as well as the Arts & Design District and the Palladium at the Center for the Performing Arts. The building's location in Hamilton County, Indiana, near top-rated hospitals and medical centers, provides an ideal blend of urban convenience and suburban tranquility. This is a multiple-tenancy building situated at 13590 N. Meridian St., Carmel, IN 46032.

    Property Features for 13590 Meridian St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,000 SF
    Class
    B
    Total Rate
    43750

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 201
    Size
    2,177 SF
    Rate per SF
    $25
    Space
    Suite 104
    Size
    3,446 SF
    Rate per SF
    $25

    HighLights

    • Move‑in ready, second‑generation medical suites (2,177 - 3,446 SF) available.
    • Previously occupied by a pediatric and dental practice.
    • Excellent access via US 31 and 136th Street, near Ascension St. Vincent Hospital.
    • Located in Carmel's vibrant Arts & Design District, with abundant nearby amenities.
    • Features elevators, ample parking with drive‑up access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carmel Oral & Maxillofacial ... Oral Surgeon Aesthetic Surgery Center Surgical Center Kamer Karen DDS Dentist Holistic Doctor Indianapolis Holistic Medicine Practitioner Fertile Ground- Fertility ... Fertility Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1450332
    Latitude
    39.9844814

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    FAQs

    What type of property is this?
    Medical office - Prime Carmel location, 2 suites available
    Where is this medical office located?
    The property is located at 13590 Meridian St Carmel, IN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready, second-generation medical suites (2,177 - 3,446 SF) available.; Previously occupied by a pediatric and dental practice.; Excellent access via US 31 and 136th Street, near Ascension St. Vincent Hospital.
    Request Owner's contact information
    13590 Meridian St Carmel, IN 46032
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    Carmel, IN 46032
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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
    13590 Meridian St Carmel, IN 46032
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