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    8723 South St Fishers, IN 46038

    Sponsored
    For Lease
    $34 SF/Yr

    Prime Fishers location, flexible suites.

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    District South offers exceptional retail and office space in a vibrant mixed-use development. This Class A building, completed in 2025, boasts 15,000 square feet of space, divisible into units as small as 840 square feet, with a maximum contiguous space of 3,030 square feet. Three suites are currently available, offering flexibility for various business needs. The building is part of a larger $32.5 million development, featuring five multi-story buildings with loft apartments. Strategic location places the property one block south of 116th Street, at the southwest corner of South Street and Lantern Road, providing convenient access to the Nickel Plate Trail, Nickel Plate District Amphitheater, and Fishers Municipal Complex. Ample parking is available, with 170 spaces on-site and over 100 additional free spaces in a nearby garage. The development includes a four-story anchor building with amenities such as a fitness center, a 2,500 square foot rooftop patio, a rooftop café, a rooftop work-from-home lounge, and indoor bike storage. A welcoming civic plaza and courtyard with a BBQ grill, firepit, and water fountain enhance the property's appeal. The area offers numerous nearby retailers and restaurants, quick access to I-69 and the interstate system, and proximity to The Fishers District. Commuting is easy, with Downtown Indianapolis 27 minutes away and Indianapolis International Airport 36 minutes away. This is a unique opportunity to establish a presence in a thriving, amenity-rich community.

    Property Features for 8723 South St

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    A
    Total Rate
    42500

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    1200
    Size
    600 SF
    Rate per SF
    $34

    HighLights

    • Class A, 15,000 SF retail/office building, built in 2025.
    • Multiple suites available, ranging from 840 SF to 3,030 SF contiguous.
    • Located at South Street & Lantern Road, one block south of 116th Street, near the Nickel Plate Trail and Fishers Municipal Complex.
    • 170+ parking spaces on‑site, plus additional free parking nearby.
    • Part of a new $32.5M mixed‑use development with ample amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical 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
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0150473
    Latitude
    39.9555423

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    FAQs

    What type of property is this?
    Medical space - Prime Fishers location, flexible suites.
    Where is this medical space located?
    The property is located at 8723 South St Fishers, IN.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Class A, 15,000 SF retail/office building, built in 2025.; Multiple suites available, ranging from 840 SF to 3,030 SF contiguous.; Located at South Street & Lantern Road, one block south of 116th Street, near the Nickel Plate Trail and Fishers Municipal Complex.
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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
    8723 South St Fishers, IN 46038
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