3217-3229 Shadeland Avenue

Off-Market

3217 Shadeland Avenue, Indianapolis, IN 46226

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 198,000 SF
  • Lot Size 10.65 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1975

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 24 Apr, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Indianapolis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Indianapolis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.03
  • 2022 Office Vacancy Rate 21.26%
  • 2022 Office Completions (SF) 122,294

Indianapolis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $89.98
  • Y-o-Y Avg. PpSF Change -30.47%
  • 2022 Office Sales Volume $113.2M
  • 2022 Number of Transactions 21
View more Indianapolis market trends

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Transit Score ®

    26/100 Some Transit

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Arlington Woods
  • Zip Code 46226
  • Market Indianapolis

Points of Interest

  • Methodist

    6.70 miles

  • Canal

    6.92 miles

  • Indianapolis Union Station

    7.22 miles

  • Indiana University/Riley

    7.61 miles

  • Phillips 66

    0.85 miles

  • Thorntons

    0.89 miles

  • Speedway

    1.02 miles

  • Exxon

    1.11 miles

  • Admiral Petroleum Co

    1.53 miles

  • Speedway

    1.63 miles

  • Speedway

    1.66 miles

  • BP

    1.72 miles

  • Mobil

    1.76 miles

  • Speedway

    1.79 miles

  • Home Depot Parking Lot

    2.17 miles

  • bus

    2.44 miles

  • Lawrence Creek Trailhead Parking

    3.68 miles

  • Walnut Trailhead Parking

    3.76 miles

  • Cumulus Parking lot

    4.48 miles

  • Cumulus Parking Lot

    4.50 miles

  • Upper Fall Creek Loop Trail - Parking

    5.95 miles

  • Julia M. Carson Learning Resource Center & Parking Garage

    6.20 miles

  • Childrens Museum Parking Garage

    6.21 miles

  • Circle City Residential Parking

    6.37 miles

  • Heidelberg Cafe

    1.38 miles

  • Pho 21

    1.58 miles

  • Red Lobster

    1.64 miles

  • Hardee's

    1.67 miles

  • Bando

    1.71 miles

  • Wendy's

    1.81 miles

  • Outback Steakhouse

    1.82 miles

  • Denny's

    1.85 miles

  • Cracker Barrel

    1.87 miles

  • Rally's

    1.90 miles

  • Walmart Neighborhood Market

    1.24 miles

  • Luis's Fresh Market

    1.61 miles

  • Save-A-Lot

    2.59 miles

  • Circle Business Equipment

    2.96 miles

  • Walmart Neighborhood Market

    3.46 miles

  • Michigan Street Pantry

    3.56 miles

  • Tyner Pond

    3.60 miles

  • Kroger Marketplace

    3.68 miles

  • Washington Square Mall

    3.89 miles

  • Marshalls

    4.00 miles

  • Warren Township Fire Station 444

    0.40 miles

  • Indianapolis Fire Station 44

    0.48 miles

  • Walgreens

    1.70 miles

  • Indianapolis Fire Station 24

    1.82 miles

  • Indiana State Police District 52

    1.86 miles

  • CVS Pharmacy

    1.86 miles

  • Morris Settles Lawrence Public Safety Building

    1.90 miles

  • Lawrence Fire Station 1

    1.90 miles

  • Lawrence Fire Station 2

    1.92 miles

  • Concentra Urgent Care

    2.02 miles

Frequently Asked Questions

What is the total square footage of 3217-3229 Shadeland Avenue?

3217-3229 Shadeland Avenue totals 198,000 square feet.

When was this property built?

3217-3229 Shadeland Avenue was built in 1974.

When was 3217-3229 Shadeland Avenue last sold?

3217-3229 Shadeland Avenue was last sold on 24 Apr, 2017.

What is the property tax for 3217-3229 Shadeland Avenue?

The property tax for 3217-3229 Shadeland Avenue in 2022 was $135,299.

What is the market value for 3217-3229 Shadeland Avenue?

The market value* for 3217-3229 Shadeland Avenue in 2022 was $4,843,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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