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    11550 Meridian St Carmel, IN 46032

    For Lease
    $23 SF/Yr

    Prime Carmel office suites, various sizes.

    Lot size:
    93,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Located at 11550 N Meridian St, Carmel, IN 46032, SePRO Tower offers exceptional office space for lease along the Meridian Corridor. This six-story, Class B building, constructed in 1978, boasts 93,355 square feet of total space, with units ranging from a minimum of 1,588 square feet to a maximum contiguous space of 3,413 square feet. The building is owner-occupied and meticulously maintained, providing a professional and comfortable environment. Amenities include two elevators, on-site property management, a 70-person conference facility, and a ten-person boardroom. A full-service bank is also conveniently located within the building. The property sits on an 8.12-acre lot and is conveniently located near a variety of retail options, including Market District, Jimmy John's, Caffè Buondi, Lou Malnati's Pizzeria, Regions Bank, Potbelly, Starbucks, and Los Arroyos, all within walking distance. The building is easily accessible via 116th Street and offers multiple tenancy options. This is an excellent opportunity for businesses seeking high-quality office space in a vibrant and convenient Carmel location. Hamilton County location.

    Property Features for 11550 Meridian St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,355 SF
    Class
    B
    Total Rate
    178930.42

    Building Details

    Year Built
    1978
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 270
    Size
    2,140 SF
    Rate per SF
    $23
    Space
    Suite 312
    Size
    1,550 SF
    Rate per SF
    $23

    HighLights

    • 11550 N Meridian St, Carmel, IN 46032, Class B office building offering 93,355 square feet for lease.
    • Six‑story building (1978 construction) with units ranging from 1,588 to 3,413 contiguous square feet.
    • Owner‑occupied, well‑maintained building with two elevators, on‑site management, a 70‑person conference facility, and a 10‑person boardroom.
    • Full‑service bank and ample nearby amenities including restaurants and retail.
    • Located on an 8.12‑acre lot with easy access to 116th Street and multiple tenancy options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The EnRoute Team Real Estate Agency Keller Williams Realty ... Real Estate Agency ParaPRO LLC Corporate Office Beacon Tech Group ... Software Company Radon Analytical Labs Home Inspector

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -86.1589245
    Latitude
    39.9545424

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Carmel office suites, various sizes.
    Where is this office property / space located?
    The property is located at 11550 Meridian St Carmel, IN.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 11550 N Meridian St, Carmel, IN 46032, Class B office building offering 93,355 square feet for lease.; Six-story building (1978 construction) with units ranging from 1,588 to 3,413 contiguous square feet.; Owner-occupied, well-maintained building with two elevators, on-site management, a 70-person conference facility, and a 10-person boardroom.
    Request Owner's contact information
    11550 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
    11550 Meridian St Carmel, IN 46032
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