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Property profile & analytics
FOR LEASE
Office Spaces

8440 Woodfield Crossing Blvd Indianapolis, IN 46240

125,458 SF 7.1 ac lot Built 1987
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0799516
Property summary
AI-generated overview

This exceptional Class A office building, located at 8440 Woodfield Crossing Blvd in Indianapolis, Indiana, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1987, the property boasts a total of 119,983 square feet, with 63,641 square feet currently available for lease. The building is situated in the desirable Keystone Crossing submarket of Marion County, offering convenient access to major thoroughfares and amenities. Suites range from a minimum of 1,500 square feet to a maximum contiguous space of 25,000 square feet, catering to a variety of business needs and sizes. The property features ample parking, with a ratio of 4.7 spaces per 1,000 square feet. The building's traditional office layout is complemented by executive office suites, providing a versatile and professional environment. This is an ideal location for companies seeking a prestigious address and a highly functional workspace in a thriving Indianapolis business district. The property is classified as both Traditional Office and Executive Office space, offering a variety of options to suit diverse business requirements. The building's convenient location and ample parking make it an attractive option for employees and clients alike. Contact us today to learn more about leasing opportunities in this exceptional Indianapolis office building. Zip code: 46240.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 125,458 SF
Lot 7.1 ac (309,059 SF)
Zoning code ZO01
APN 49-02-19-122-004.000-800
UPID US31-0799516
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Digital Impressions Advertising Agency Marketing & Advertising
  • The General Insurance Insurance Agency
  • 2 woodfield Business Service Center Corporate Office
  • George's Pharmacy & Medical Equipment Pharmacy
  • Therber & Brock Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$2.96M
Owner & transaction history
Two Woodfield Crossing LLC · 2 yrs held
Two Woodfield Crossing LLC
since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2013
Price N/A
2012
$33.0M
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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