5957 Lakeside Blvd, Indianapolis, IN 46278
For Sale
This exceptional Class A office building in Indianapolis, Indiana, offers a unique investment opportunity. The 87,833 square foot, single-story building sits on a 7.34-acre lot and boasts a 97.6% occupancy rate with four credit-rated tenants. Constructed in 1986, the property features a modified lease structure and is owned fee simple. The building serves as the Indiana state headquarters for both the U.S. Geological Survey and the U.S. Department of Agriculture, providing exceptional stability and long-term income potential due to the strong government lease. The property benefits from a prime location, offering convenient access to Interstate 465 and numerous amenities, while being just 15 minutes from downtown Indianapolis and the Indianapolis International Airport. Ample parking is available with 397 surface spaces. This is a rare chance to acquire a mission-critical facility with a superior tenant profile and strong investment-grade returns. The building has been renovated to suit the needs of the USDA/USGS and represents a best-in-class asset.
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US Geological Survey Sustainability Organization
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.