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Highlights
- Direct U.S. 31 access via Old Meridian roundabout for easy regional connectivity.
- Complimentary parking garage with 776 total spaces providing a 5.54/1,000 SF ratio.
- Immediate proximity to 70+ retail and dining destinations at Clay Terrace and downtown Carmel.
- Remodel features a tenant-exclusive lounge and high-tech conference center.
- Prominent exterior signage opportunities for enhanced branding visibility.
All Available Spaces(5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
3,832 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Fully Built-Out as Standard Office
22,809 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Fully Built-Out as Standard Office
4,169 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 12,673 SF of adjacent space
8,504 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 12,673 SF of adjacent space
- Rate includes utilities, building services and property expenses
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 155 | 3,832 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $93,884 /YR $7,824 /MO | Office | Full Build-Out | Now |
| 2nd Floor, Ste 250 | 22,809 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $558,821 /YR $46,568 /MO | Office | Full Build-Out | Now |
| 2nd Floor, Ste 275A | 4,169 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $102,141 /YR $8,512 /MO | Office | - | May 01, 2027 |
| 2nd Floor, Ste 275B | 8,504 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $208,348 /YR $17,362 /MO | Office | - | May 01, 2027 |
| 3rd Floor, Ste 350A | 17,909 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $438,771 /YR $36,564 /MO | Office | - | Now |
1st Floor, Ste 155
| Size |
| 3,832 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.50 /SF/YR $2.04 /SF/MO $93,884 /YR $7,824 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor, Ste 250
| Size |
| 22,809 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.50 /SF/YR $2.04 /SF/MO $558,821 /YR $46,568 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor, Ste 275A
| Size |
| 4,169 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.50 /SF/YR $2.04 /SF/MO $102,141 /YR $8,512 /MO |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| May 01, 2027 |
2nd Floor, Ste 275B
| Size |
| 8,504 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.50 /SF/YR $2.04 /SF/MO $208,348 /YR $17,362 /MO |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| May 01, 2027 |
3rd Floor, Ste 350A
| Size |
| 17,909 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.50 /SF/YR $2.04 /SF/MO $438,771 /YR $36,564 /MO |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor, Ste 155
| Size | 3,832 SF |
| Term | Negotiable |
| Rental Rate | $24.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
3,832 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
2nd Floor, Ste 250
| Size | 22,809 SF |
| Term | Negotiable |
| Rental Rate | $24.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
22,809 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
2nd Floor, Ste 275A
| Size | 4,169 SF |
| Term | Negotiable |
| Rental Rate | $24.50 /SF/YR |
| Space Use | Office |
| Build-Out | - |
| Available | May 01, 2027 |
4,169 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 12,673 SF of adjacent space
2nd Floor, Ste 275B
| Size | 8,504 SF |
| Term | Negotiable |
| Rental Rate | $24.50 /SF/YR |
| Space Use | Office |
| Build-Out | - |
| Available | May 01, 2027 |
8,504 square feet of office space available for lease.
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 12,673 SF of adjacent space
3rd Floor, Ste 350A
| Size | 17,909 SF |
| Term | Negotiable |
| Rental Rate | $24.50 /SF/YR |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
- Rate includes utilities, building services and property expenses
Property Overview
City Center @ Penn offers a premier office leasing opportunity in the thriving business hub of Carmel, Indiana. Featuring 46,000 SF floorplates with multiple configurations from 3,832 SF to 22,809 SF, the building is designed for flexibility and efficiency. A key advantage is the property’s direct access to U.S. 31 via the Old Meridian roundabout, linking tenants seamlessly to Indianapolis and surrounding communities. This recently revitalized asset introduces superior tenant amenities including a modern lounge, fully equipped conference center, gaming area, and refreshment options designed to enhance productivity and comfort. The property also provides a free parking garage and generous parking ratios with over 770 combined spaces for convenience and accessibility. Located in a dynamic mixed-use environment, City Center @ Penn places tenants within steps of 70+ retail, dining, and service establishments at Clay Terrace and downtown Carmel. The combination of high connectivity, abundant tenant-focused amenities, and nearby business services makes this address a compelling choice for organizations seeking a corporate headquarters or regional office presence in a growing Indianapolis suburb.
- Controlled Access
- Signage
- Energy Star Labeled
- Air Conditioning
Property Facts
Select Tenants
- Floor
- Tenant Name
- Industry
- 3rd
- Baker Hill
- Retailer
- 1st
- Belden, Inc.
- Manufacturing
Contact the Leasing Agent
Bldg 2 | 1320 City Center Dr






