1701 Shadeland Ave Indianapolis, IN 46219-2733
This single-story, 11,514 square foot Class B office building, constructed in 1981, offers multiple suites for lease in Marion County. Currently, 1,542 square feet are vacant, presenting a flexible opportunity for various business types, including traditional, executive, or creative office spaces, or even retail or medical uses. The building boasts a desirable garden-style design with individual suite entrances, providing privacy and convenience. Ample storage space is available within each unit. Located on heavily trafficked Shadeland Avenue, this property offers excellent visibility and signage opportunities. Its strategic location provides easy access to major thoroughfares, being less than a quarter-mile from the intersection of I-465 and I-70, ensuring convenient commutes for employees and clients. The building benefits from its proximity to Downtown Indianapolis and is surrounded by numerous amenities, including large retailers and established businesses, creating a vibrant and convenient environment. The close proximity to Shadeland Medical Plaza and Community East Hospital further enhances its appeal for medical-related businesses. This property presents a unique opportunity to establish a presence in a thriving and accessible location.
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Hambletonian Auto Spa Car Wash
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Trillium Drivers Employment Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
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.