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Office Space for Rent in Indianapolis, IN - 488 Listings

  • Directors Row at Park Fletcher - 2475 Directors Row - Indianapolis
    2475 Directors Row, Park Fletcher, Indianapolis, IN 46241
    For Lease $11 - $12/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,083 Sqft
  • Lakeside at College Park - Indianapolis
    8777 Purdue Road, College Park, Indianapolis, IN 46268
    For Lease $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 28,131 Sqft
  • 5501-5599 West 74th Street - Indianapolis
    5501 West 74th Street, Park 100, Indianapolis, IN 46268
    For Lease $11/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 36,814 Sqft
  • 3502 Woodview Trace - Indianapolis
    3502 Woodview Trace, College Park, Indianapolis, IN 46268
    For Lease $16/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,865 Sqft
  • WFYI Headquarters Building - Indianapolis
    1630 N Meridian St, Herron - Morton Place, Indianapolis, IN 46202
    For Lease $17.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 9,265 Sqft
  • River Road II - Indianapolis
    9045 River Road, Keystone at the Crossing, Indianapolis, IN 46240
    For Lease $23.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 50,733 Sqft
  • 151 West Ohio Street - Indianapolis
    151 West Ohio Street, North Meridian, Indianapolis, IN 46204
    For Lease $19.75 - $20.1/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 15,010 Sqft
  • Park 100 - 5604 West 74th Street - Indianapolis
    5604 West 74th Street, Park 100, Indianapolis, IN 46278
    For Lease $14/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 6,423 Sqft
  • Northeast Three - Indianapolis
    7202 E 87th St, Castleton, Indianapolis, IN 46256
    For Lease $14/Sqft/Year
    Property
    • Industrial
    Availability
    • 3 Spaces
    • 4,204 Sqft
  • 8500 Keystone Crossing - Indianapolis
    8500 Keystone Crossing, Keystone at the Crossing, Indianapolis, IN 46240
    For Lease $22.5/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 34,530 Sqft
  • Heritage Park III - Indianapolis
    6602 East 75th Street, Devonshire, Indianapolis, IN 46250
    For Lease $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,393 Sqft
  • Three Meridian Plaza - Indianapolis
    10333 N Meridian St, Northridge, Indianapolis, IN 46290
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 12,817 Sqft
  • Capital Center - 5/3 Bank Tower - Indianapolis
    251 North Illinois Street, North Meridian, Indianapolis, IN 46204
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 83,090 Sqft
  • Lake Pointe Center III - Indianapolis
    8470 Allison Pointe Blvd, Castleton, Indianapolis, IN 46250
    For Lease $21.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 23,273 Sqft
  • Lake Pointe Center II - Indianapolis
    8440 Allison Pointe Blvd, Castleton, Indianapolis, IN 46250
    For Lease $21/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 21,864 Sqft
  • Shore Drive Medical Center - Indianapolis
    3850 Shore Drive, The Highlands, Indianapolis, IN 46254
    For Lease $18 - $19/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 10,701 Sqft
  • 3755 East 82nd Street - Indianapolis
    3755 East 82nd Street, Lake Clearwater, Indianapolis, IN 46240
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 19,565 Sqft
  • Meridian Professional Building - Indianapolis
    3266 North Meridian Street, Crown Hill, Indianapolis, IN 46208
    For Lease $14/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 20,486 Sqft
  • North Meridian MOB - Indianapolis
    9240 North Meridian Street, Park Meridian, Indianapolis, IN 46260
    For Lease $20/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 6,438 Sqft
  • Fortune Park 14 - Indianapolis
    8902 Vincennes Circle, College Park, Indianapolis, IN 46268
    For Lease $12.95/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 12,294 Sqft
  • College Park Plaza - Indianapolis
    8909 Purdue Road, College Park, Indianapolis, IN 46268
    For Lease $20.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,056 Sqft
  • 9100 Meridian Square Bldg 70 - Indianapolis
    70 E 91st St, College Commons, Indianapolis, IN 46240
    For Lease $20.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 1,706 Sqft
  • River Road I - Indianapolis
    9025 River Road, Keystone at the Crossing, Indianapolis, IN 46240
    For Lease $23.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,261 Sqft
  • Castle Creek VI - Indianapolis
    5975 Castle Creek Pkwy North Drive, Castleton, Indianapolis, IN 46250
    For Lease $23/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,618 Sqft
  • Methodist Medical Plaza I & Eagle Highlands Outpatient Center - Indianapolis
    6920 Parkdale Place, The Highlands, Indianapolis, IN 46254
    For Lease $22.25/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 12,807 Sqft

Indianapolis, IN Office Overview

Location Photo

Indianapolis is home to a population of nearly 900,000 residents, and is the economic hub of the greater Indianapolis metropolitan region, which encompasses nearly 2 million people. The state capital of Indiana is also a consolidated city-county administrative unit, which can at times translate into a more streamlined business environment.

Driven in large part by the health care and insurance industries, the city’s economy yields a gross annual product in excess of $100 million. Top producing industries in the city also include real estate, rental, and leasing, manufacturing, professional and business services, and wholesale trade.

Indianapolis, IN Office Inventory Description

As of mid-2017, the Greater Indy market encompassed over 36 million square feet of office space in properties larger than 50,000 square feet. In addition to the health care and insurance industries, financial services, manufacturing and education also drive a significant portion of activity and demand on the local market. More than 43% of the office space in Indianapolis is Class A, while Class B value-add investment opportunity properties accounts for 55% of inventory.

Though Downtown Indianapolis is a naturally attractive part of town for office users, the submarket is not yet over-dense, as is generally the case with a metro central business district. Office use zones are more or less evenly distributed throughout the city, which brings an additional balance to the local business environment.

The Castleton neighborhood, located in North Indianapolis, boasts two rich office corridors: along Interstate 69 and Interstate 465. The submarket is poised to continue growing within its corridor triangle region. Notable properties include 9800 Crosspoint Boulevard, the Castleton Park Building projects, and the One Concourse office building on Crosspoint Boulevard.

College Park is another growing North Indianapolis subdivision, with larger office properties located mainly along Michigan Road.

Indianapolis, IN Commercial Inventory Breakdown

Office Spaces

Total: 39,303,826 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 13,357,810 SF / 33.99% of total office
  • 100k to 500k SF: 22,431,507 SF / 57.07% of total office
  • 500k to 1M SF: 3,514,509 SF / 8.94% of total office

By class:

  • Class A: 15,923,349 SF / 40.51% of total office
  • Class B: 21,232,387 SF / 54.02% of total office
  • Class C: 887,190 SF / 2.26% of total office

Top 10 Largest Office Buildings

in Indianapolis

Office building Address Sqft Year built
Salesforce Tower 27 East Ohio Street, 46204 957,667 1989
Regions Tower 211 North Pennsylvania Street, 46204 705,292 1971
PNC Center 101 West Washington Street, 46204 636,550 1976
Market Tower 10 West Market Street, 46204 515,000 1988
BMO Plaza 135 North Pennsylvania Street, 46204 442,000 1988
Market Square Center 151 North Delaware Street, 46204 420,492 1975
Simon Headquarters 225 West Washington Street, 46204 350,000 2006
101 West 103rd Street 101 West 103rd Street, 46290 348,250 1994
300 North Meridian 300 North Meridian Street, 46204 336,000 1989
500 & 550 North Meridian Street 500 North Meridian Street, 46204 334,506 1975

Most Recently-Built Office Buildings

in Indianapolis

Office building Address Sqft Year built
Eye Surgeons of Indiana Headquarters 9202 North Meridian Street, 46260 50,000 2018
301 East Market Street 301 East Market Street, 46204 174,000 2017
The Center 6320 Intech Way, 46278 107,446 2017
Roche Diagnostics - Building E 9115 Hague Road, 46256 87,135 2017
Walker Information Headquarters 8940 River Crossing Blvd, 46240 57,228 2017
Roche Diagnostics - Building B 9115 Hague Road, 46256 222,033 2016
River North at Keystone - 8801 River Crossing Blvd 8801 River Crossing Blvd, 46240 102,000 2016
Marietta on Mass Ave 350 Massachusetts Avenue, 46204 30,000 2016
Indiana Univeristy School of Medicine Campus - Regenstrief Headquarters 1101 West 10th Street, 46202 80,000 2015
The Post at Ft. Harrison 9165 Otis Avenue, 46216 37,082 2015

Indianapolis, IN Green Office Space

Employment

The 2017 National Green Building Adoption Index looked at office properties in the largest U.S. metros and listed the top 30 greenest in the country, by percentage of green office space out of total inventory. This report found that the percentage of green certification has increased from just under 5% in 2005 to nearly 40%, in mid-2017. The survey looked at EPA Energy Star-rated properties, USGBC LEED-certified buildings, as well as otherwise-compliant developments.

While the Indiana state capital did not make the top 30, ongoing development of green buildings throughout the metropolitan area are an attractive aspect to modern-minded office space seekers, both national and global.

The One River Crossing office building at 3815 River Crossing Parkway is just one example of local sustainability oriented construction practices.  Built in 1999, this 121,480-square-foot Class A office property has earned a LEED Silver certification.

The 2017 National Green Building Adoption Index looked at office properties in the largest U.S. metros and listed the top 30 greenest in the country, by percentage of green office space out of total inventory. This report found that the percentage of green certification has increased from just under 5% in 2005 to nearly 40%, in mid-2017. The survey looked at EPA Energy Star-rated properties, USGBC LEED-certified buildings, as well as otherwise-compliant developments.

While the Indiana state capital did not make the top 30, ongoing development of green buildings throughout the metropolitan area are an attractive aspect to modern-minded office space seekers, both national and global.

The One River Crossing office building at 3815 River Crossing Parkway is just one example of local sustainability oriented construction practices.  Built in 1999, this 121,480-square-foot Class A office property has earned a LEED Silver certification.

Indianapolis, IN's Top Office-Using Sectors

A diverse mixture of business and industry, including high-technology, manufacturing, and education, contributes to the robust demand for office space in city.

  • High technology – the high-tech sector is one of the fastest growing in the city, with companies such as Formstack, Genesys, and Salesforce Marketing Cloud attracted to the qualified work force in the city;
  • Manufacturing – pharmaceutical companies such as Eli Lilly, hydrocarbon manufacturer Calumet Specialty Products, and transmission manufacturer Allison Transmission all call Indianapolis home;
  • Education – higher education institutions such as Ball State, Butler University, and Indiana University-Purdue along with the business they attract, drive a fair share of the commercial real estate demand in town;
  • Corporate Offices – companies such as CNO Financial Group, Simon Property Group, Republic Airways, Dow AgroSciences, and Roche Diagnostics are among the city’s largest white-collar employers and office space users.

Indianapolis Demographics

Population

  • Total Population853,431
  • Male Population(48.3 %) 411,970
  • Female Population(51.7 %) 441,461
  • Median Age34.10

Income/Financial

  • Average Household Income$63,698
  • Median Household Income$44,709
  • Median Income Under 25$26,355
  • Median Income 25-44$46,177
  • Median Income 45-64$52,788
  • Median Income Over 65$37,111

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