10610 Park Ave Indianapolis, IN 46280
This exceptional 1,534-square-foot office space in Carmel, Indiana, is available for lease. Located at 10610 N Park Ave, near the intersection of 106th & Park Ave, this single-tenant property boasts a prime location within the Carmel submarket. Built in 1935 and completely renovated in 2024, this space offers a modern, first-generation feel with all-new finishes, appliances, and utilities. The layout features a mostly open floor plan, perfect for collaborative work environments, complemented by a private office, restroom, and kitchenette. The property sits on a 0.71-acre lot and includes six parking spaces for convenient access. Zoned B-5, this versatile space is suitable for a wide range of office and business professional uses. The total building size is 1,935 square feet, with 1,534 square feet currently vacant. This is a triple net (NNN) lease at $20 per square foot. The property's recent renovation ensures a move-in ready experience for the next tenant. Don't miss this opportunity to secure a modern, well-located office space in the thriving Carmel market.
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Lockwood Design Associates Architect
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.