8825 Nelson B. Klein Pkwy

Off-Market

8825 Nelson B. Klein Pkwy, Indianapolis, IN 46250

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

  • Property Type Office - Government Office
  • Property Size 110,000 SF
  • Lot Size 14.94 Acre
  • Parking Spaces Avail. 220
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2010

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 Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    23/100 Minimal Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Castleton
  • Zip Code 46250
  • Market Indianapolis

Points of Interest

  • Costco Gasoline

    0.23 miles

  • Circle K

    0.81 miles

  • Speedway

    1.02 miles

  • Speedway

    1.12 miles

  • Shell

    1.15 miles

  • Sam's Club Fuel Center

    1.42 miles

  • Marathon

    1.82 miles

  • Thorntons

    1.94 miles

  • Marathon

    2.06 miles

  • Circle K

    2.08 miles

  • CarMax Car Lot

    1.69 miles

  • CarMax Customer Parking

    1.71 miles

  • Cumulus Parking Lot

    2.60 miles

  • Cumulus Parking lot

    2.62 miles

  • Walnut Trailhead Parking

    3.58 miles

  • The Depot Parking Garage

    3.73 miles

  • The Depot

    3.75 miles

  • Upper Fall Creek Loop Trail - Parking

    3.77 miles

  • Switch Parking Garage

    3.83 miles

  • Nickel Plate Station Garage

    3.83 miles

  • Courtyard Indianapolis Castleton

    0.64 miles

  • Days Inn

    0.78 miles

  • Travelodge Indianapolis Castleton

    0.86 miles

  • Hampton Inn & Suites

    0.97 miles

  • Motel 6 Indianapolis North East

    0.99 miles

  • Quality Inn of Indy Castleton

    1.01 miles

  • Hampton Inn Indianapolis - NE / Castleton

    1.14 miles

  • Candlewood Suites Indianapolis

    1.15 miles

  • Suburban Extended Stay N East

    1.18 miles

  • Drury Inn & Suites Indianapolis Northeast

    1.25 miles

  • Sapporo

    0.27 miles

  • Buca di Beppo

    0.27 miles

  • On The Border

    0.31 miles

  • Outback Steakhouse

    0.44 miles

  • Houlihan’s

    0.56 miles

  • Subway

    0.59 miles

  • Hardee's

    0.61 miles

  • Buffalo Wild Wings

    0.64 miles

  • MCL Restaurant & Bakery Castleton

    0.65 miles

  • One World Market

    0.67 miles

  • Midwest Bartenders School

    0.45 miles

  • Allisonville Elementary School

    1.74 miles

  • Heritage Christian School

    1.84 miles

  • Lawrence North High School

    1.96 miles

  • McKenzie Career Center

    2.05 miles

  • Riverside Junior High School; Riverside Intermediate School

    2.15 miles

  • Riverside School

    2.27 miles

  • International Business College

    2.38 miles

  • Vet Tech Institute

    2.40 miles

  • Skiles Test Elementary School

    2.44 miles

  • KinderCare

    1.51 miles

  • SEAS Parish Life Center and Kindergarten

    2.55 miles

  • KinderCare

    2.75 miles

  • KinderCare

    2.97 miles

  • KidzPointe Academy

    3.02 miles

  • Kelley's Exclusive Child Care

    3.32 miles

  • Compassionate Angels Ministry

    3.48 miles

  • Gymboree Play & Music

    4.04 miles

  • Teddy Bear Learning Center

    4.35 miles

  • The Urban Chalkboard

    4.35 miles

Frequently Asked Questions

What is the total square footage of 8825 Nelson B. Klein Pkwy?

8825 Nelson B. Klein Pkwy totals 110,000 square feet.

When was this property built?

8825 Nelson B. Klein Pkwy was built in 2010.

What is the property tax for 8825 Nelson B. Klein Pkwy?

The property tax for 8825 Nelson B. Klein Pkwy in 2022 was $509,340.

What is the market value for 8825 Nelson B. Klein Pkwy?

The market value* for 8825 Nelson B. Klein Pkwy in 2022 was $20,736,100.
*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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