1206 Waterway Blvd Indianapolis, IN 46202
Located at 1206 Waterway Blvd, Indianapolis, IN 46202, this Class A, five-story building offers 100,000 square feet of versatile office space. Ideal for a variety of uses, including traditional office, medical office, executive suites, coworking, and creative office environments. The property features a minimum divisible space of 2,000 square feet and a maximum contiguous space of 22,000 square feet, with 24,000 square feet currently vacant. The building sits on a 50-acre lot and boasts 15' 6" ceilings and 20 watts per rentable square foot of power. This exceptional property is situated in the heart of Indianapolis' thriving research market, making it an excellent location for businesses in the life sciences and biotech industries. The building's design fosters collaboration and innovation, providing a dynamic environment for startups and established professionals alike. This is a unique opportunity to secure space in a state-of-the-art facility within a rapidly growing and highly sought-after area. Multiple tenancy options are available. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.