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12 & Penn 1225 N Meridian St 7,000 SF of Office/Medical Space Available in Indianapolis, IN 46204
HIGHLIGHTS
- Fantastic location with adjacent building offering up to 17,000 SF
FEATURES
ALL AVAILABLE SPACE(1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
1225 N. Meridian St. & 1234 N. Pennsylvania St., Indianapolis, IN Positioned at the heart of Indianapolis and adjacent to the highly anticipated $4.67 billion IU Health hospital campus, 1225 N. Meridian Street and 1234 N. Pennsylvania Street offer a unique opportunity to lease commercial space in a rapidly evolving area. These two properties, separated only by a single alley, present exciting potential for a combined lease opportunity, allowing up to 17,000 SF for a myriad of possible uses. Just a couple of blocks from what will be Indiana’s largest hospital facility, these properties are ideally positioned to benefit from an influx of healthcare professionals, patients, and visitors. The IU Health development is expected to transform local demographics, bringing a high-density, high-demand population eager for nearby services, dining, retail, and professional spaces. Property Highlights: • Combined Leasing Potential: While separated by an alley, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer seamless integration, making them ideal for a larger business footprint or a flexible mixed-use concept. • Prime Location: Proximity to the new IU Health hospital, set to be a premier healthcare destination, promises consistent traffic and heightened visibility, with easy access for both local and out-of-town visitors. • Growth and Development: The surrounding neighborhood is evolving rapidly, with additional developments underway to support the hospital’s growing workforce, patients, and visitors. This creates heightened demand for retail, office space, healthcare services, and more. • Exceptional Accessibility: Located along major Indianapolis thoroughfares, these properties provide easy access to public transportation and major routes, including I-65, I-70, and US 31, making them accessible from across the city and beyond. With an unmatched combination of location benefits, significant foot traffic potential, and development flexibility, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer premier leasing opportunities poised to thrive alongside Indianapolis’ most ambitious healthcare project. Whether leased individually or together, these properties provide an outstanding foundation for any business ready to establish itself in a dynamic, growing market.
- Partially Built-Out as Standard Office
- Fits 9 - 28 People
- Mostly Open Floor Plan Layout
- Central Air Conditioning
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 7,000 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Office/Medical | Partial Build-Out | Now |
1st Floor
| Size |
| 7,000 SF |
| Term |
| 5 Years |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 7,000 SF |
| Term | 5 Years |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
1225 N. Meridian St. & 1234 N. Pennsylvania St., Indianapolis, IN Positioned at the heart of Indianapolis and adjacent to the highly anticipated $4.67 billion IU Health hospital campus, 1225 N. Meridian Street and 1234 N. Pennsylvania Street offer a unique opportunity to lease commercial space in a rapidly evolving area. These two properties, separated only by a single alley, present exciting potential for a combined lease opportunity, allowing up to 17,000 SF for a myriad of possible uses. Just a couple of blocks from what will be Indiana’s largest hospital facility, these properties are ideally positioned to benefit from an influx of healthcare professionals, patients, and visitors. The IU Health development is expected to transform local demographics, bringing a high-density, high-demand population eager for nearby services, dining, retail, and professional spaces. Property Highlights: • Combined Leasing Potential: While separated by an alley, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer seamless integration, making them ideal for a larger business footprint or a flexible mixed-use concept. • Prime Location: Proximity to the new IU Health hospital, set to be a premier healthcare destination, promises consistent traffic and heightened visibility, with easy access for both local and out-of-town visitors. • Growth and Development: The surrounding neighborhood is evolving rapidly, with additional developments underway to support the hospital’s growing workforce, patients, and visitors. This creates heightened demand for retail, office space, healthcare services, and more. • Exceptional Accessibility: Located along major Indianapolis thoroughfares, these properties provide easy access to public transportation and major routes, including I-65, I-70, and US 31, making them accessible from across the city and beyond. With an unmatched combination of location benefits, significant foot traffic potential, and development flexibility, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer premier leasing opportunities poised to thrive alongside Indianapolis’ most ambitious healthcare project. Whether leased individually or together, these properties provide an outstanding foundation for any business ready to establish itself in a dynamic, growing market.
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 9 - 28 People
- Central Air Conditioning
PROPERTY OVERVIEW
1225 N. Meridian St. & 1234 N. Pennsylvania St., Indianapolis, IN Positioned in the heart of Indianapolis and adjacent to the highly anticipated $4.67 billion IU Health hospital campus, 1225 N. Meridian Street and 1234 N. Pennsylvania Street offer a unique opportunity to lease commercial space in a rapidly evolving area. These two properties, separated only by a single alley, present exciting potential for a combined lease opportunity, allowing up to 17,000 SF for a myriad of possible uses. Just a couple of blocks from what will be Indiana’s largest hospital facility, these properties are ideally positioned to benefit from an influx of healthcare professionals, patients, and visitors. The IU Health development is expected to transform local demographics, bringing a high-density, high-demand population eager for nearby services, dining, retail, and professional spaces. Property Highlights: • Combined Leasing Potential: While separated by an alley, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer seamless integration, making them ideal for a larger business footprint or a flexible mixed-use concept. • Prime Location: Proximity to the new IU Health hospital, set to be a premier healthcare destination, promises consistent traffic and heightened visibility, with easy access for both local and out-of-town visitors. • Growth and Development: The surrounding neighborhood is evolving rapidly, with additional developments underway to support the hospital’s growing workforce, patients, and visitors. This creates heightened demand for retail, office space, healthcare services, and more. • Exceptional Accessibility: Located along major Indianapolis thoroughfares, these properties provide easy access to public transportation and major routes, including I-65, I-70, and US 31, making them accessible from across the city and beyond. With an unmatched combination of location benefits, significant foot traffic potential, and development flexibility, 1225 N. Meridian St. and 1234 N. Pennsylvania St. offer premier leasing opportunities poised to thrive alongside Indianapolis’ most ambitious healthcare project. Whether leased individually or together, these properties provide an outstanding foundation for any business ready to establish itself in a dynamic, growing market.
PROPERTY FACTS
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12 & Penn | 1225 N Meridian St
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