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Property profile

9245 Meridian St Indianapolis, IN 46260

OFF-MARKET
Office Spaces
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60,433 SF 1.8 ac lot Built 1979

Property summary

AI-generated overview

This exceptional three-story office building, totaling 60,433 square feet, is situated on 1.8 acres of land in Indianapolis's desirable Meridian Corridor submarket. Built in 1979, the Class B property offers a variety of office space options, perfect for businesses seeking executive, traditional, coworking, medical, or creative office environments. Multiple tenancies are available, with spaces ranging from a minimum of 1,792 square feet up to 10,442 square feet. The building boasts abundant parking, ensuring convenient access for employees and clients. Its strategic location provides easy access to I-465, enhancing its accessibility and visibility. The property's versatile layout and ample parking make it an ideal location for a wide range of businesses. This is a fantastic opportunity to secure office space in a thriving Indianapolis location with excellent visibility and convenient access to major transportation routes. The building's multiple suite options allow for flexibility in choosing the perfect space to meet your business needs. Don't miss this chance to establish your business in this highly sought-after area.

Property profile

Verified
Property type Office Spaces
Year built 1979
Total area 60,433 SF
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Financial Advisor
  • Charitable Organization Social Service Agency
  • Physician
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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