5342 Vermont St, Indianapolis, IN 46224

19,700 SF | Office Building | Indianapolis, IN 46224 | $2,999,900 ($152/SF)

Asking Price $2,999,900

Property Type: Office
Square Feet: 19,700 SF
Price / Square Foot: $152

Listing Contacts

Michael Huff

Verified Profile

Property Info

Property Overview

Situated within a luxurious park-like setting, and boasting abundant natural light, this exceptionally well maintained, Class B+ office building is located at the northwest corner of W Vermont St and N Lynhurst Dr. With multiple 5-minute approaches to I-465 via both Rockville Road and W 10th Streets, and only 14 minutes to Indianapolis International Airport, the property is ideally suited for Owners and Users alike to enjoy and prosper.
The property is located 7 minutes from the Indianapolis Motor Speedway, with all the related motorsport and additional businesses/industries expanding in the immediate area. The surrounding areas also provide access to abundant dining, retail, entertainment, and lodging opportunities.
The current tenants occupy the full 19,700 SF but are willing to negotiate either full vacancy or a small percentage of the space.
NOTE: While FEMA / DNR FIRMS show the property is located within a 500-year floodplain the property is actually over 30 ft. above the Base Flood Elevation (BFE), (See associated documentation.) No Flood Insurance is currently required, but if desired a LOMR can be secured to have the property completely removed from the Flood Insurance Rate Map (FIRM).

Property Details

Class: B
Year Built/Renovated: 1990/2015
Stories: 1
Lot Size (sq. ft): 85,378 SF

Highlights

19,700 SF - Class B+ Office Building
Parking Ratio - 3.04 per 1,000 SF (60 Spaces Marked - Additional Parking on Property)
Immediate access to I-465 via Rockville Road and W 10th St.
Abundant natural light
Multiple Conference Rooms, Meeting, Training, Flex, Coworking Space, Wet Bar and Media Center w/50+ person capacity
Monitored Security System and Gated Entry

Nearby Properties

Dallas MSA

2.8 Acres of Commercial Land in Dallas, TX 75243

9200 Markville Dr
Dallas, TX 75243

View Details
$1,825,000

Entenmann's Bakery Outlet

8,160 SF | Retail Building | Lakeland, FL 33801 | $1,825,000 ($224/SF)

3354 Us Highway 92
Lakeland, FL 33801

View Details
$422,093

0.57 Acres of Commercial Land Offered at $422,093 USD in Broken Arrow, OK 74012

850 Msn Ave
Broken Arrow, OK 74012

View Details
$1,999,000

21,680 SF Specialty Building Offered at $1,999,000 in Harrisville, MI 48740

790 Us 23
Harrisville, MI 48740

View Details
Vacant Land located near Harborage Marina

3.71 Acres of Commercial Land in Saint Petersburg, FL 33701

1100 4Th St
Saint Petersburg, FL 33701

View Details
$5,150,000

Walgreens

14,550 SF | Retail Building | Thomson, GA 30824 | $5,150,000 ($354/SF) | 5.99% Cap Rate

668 Main St
Thomson, GA 30824

View Details
$2,500,000

Owner-User (Manufacturing) - Vale, NC

82,876 SF | Industrial Building | Vale, NC 28168 | $2,500,000 ($30/SF)

7514 Nc Hwy
Vale, NC 28168

View Details

Similar Properties

$2,999,900

RIVER CROSSING APARTMENTS-20 UNIT TOWNHOMES

20 Unit Apartment Building | $2,999,900 ($149,995/Unit) | Buena Vista, VA 24416

2754 Maple Ave
Buena Vista, VA 24416

View Details
$2,999,900

Bend of Ivy Lodge

7,015 SF Specialty Building Offered at $2,999,900 in Marshall, NC 28753

3717 Bend Of Ivy Rd
Marshall, NC 28753

View Details
$2,999,900

8,232 SF Specialty Building Offered at $2,999,900 in Sevierville, TN 37876

4155 Dollys Dr
Sevierville, TN 37876

View Details
$2,999,900

19,700 SF | Office Building | Indianapolis, IN 46224 | $2,999,900 ($152/SF)

5342 Vermont St
Indianapolis, IN 46224

View Details
$2,999,900

3,104 SF | Office Building | Bentonville, AR 72712 | $2,999,900 ($966/SF)

1412 14Th St
Bentonville, AR 72712

View Details
$2,999,900

10,000 SF | 68% Leased | Office Building | Wheaton, IL 60187 | $2,999,900 ($300/SF)

221 Front St
Wheaton, IL 60187

View Details
$2,999,900

30 Unit Apartment Building | $2,999,900 ($99,997/Unit) | 4.51% Cap Rate | Milwaukie, OR 97267

4545 Ina Ave
Milwaukie, OR 97267

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].