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Investment Highlights

  • Freestanding Office/Medical Building
  • Ample Parking on Large Lot
  • Move-In Ready Clinical Infrastructure

Executive Summary

This distinctive freestanding professional office building delivers a rare chance to secure a high-quality asset in a well-connected area, offering strong visibility and a professional presence.
Ideally configured for medical, behavioral health, or specialized non-profit headquarters, this well maintained property combines high-density clinical build-out with the privacy of a professional office park setting with a beautiful view.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,948 SF
Year Built
2008
Price
$1,500,000
Price Per SF
$125.54
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,948 SF
Building FAR
0.08
Lot Size
3.58 AC
Zoning
SU-7

Amenities

  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Outdoor Seating
  • Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
49-07-08-101-038.000-800
Land Assessment
$117,600
Improvements Assessment
$1,016,800
Total Assessment
$1,134,400
  • Listing ID: 40303222

  • Date on Market: 4/27/2026

  • Last Updated:

  • Address: 5155 Pennwood Dr, Indianapolis, IN 46205

Contact the Sale Advisor

Pennwood | 5155 Pennwood Dr

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