Log In/Sign Up
Your email has been sent.
9106 N Meridian St 15,817 SF 72% Leased Office Building Indianapolis, IN 46260 $2,950,000 ($186.51/SF)
Executive Summary
Discover a rare opportunity to acquire a two-story, 15,817 SF medical/office property strategically located along prestigious North Meridian Street. Situated on 1.46 acres with excellent visibility and direct access to I-465, this asset combines stable tenancy with immediate upside potential.
Currently 82% leased, the property features long-term commitments from established tenants including Children’s Resource Group, Kerrie L. Posey, MD, LLC, and Hughes Orthodontics LLC, while offering an available 2,884 SF second-floor suite (expandable to 4,499 SF in 2026). This blend of in-place income and vacancy provides flexibility for both investors seeking cash flow and owner-occupants looking for high-quality space in an amenity-rich corridor.
Property Highlights:
±15,817 SF across two floors
Built in 1997 | Zoned C-1
4.27/1,000 parking ratio (75 spaces)
Prominent exterior building signage opportunity
Asking Price: $2,950,000 ($186.51/SF)
Surrounded by premier retail, dining, hotels, and fitness amenities
Just one mile from the I-465 interchange, offering seamless regional access
This highly visible Northside location positions tenants and owners in the heart of Indianapolis’ most dynamic suburban office and medical corridor, with proximity to Whole Foods, Target, Williams-Sonoma, Firebirds, and numerous national and local operators.
Currently 82% leased, the property features long-term commitments from established tenants including Children’s Resource Group, Kerrie L. Posey, MD, LLC, and Hughes Orthodontics LLC, while offering an available 2,884 SF second-floor suite (expandable to 4,499 SF in 2026). This blend of in-place income and vacancy provides flexibility for both investors seeking cash flow and owner-occupants looking for high-quality space in an amenity-rich corridor.
Property Highlights:
±15,817 SF across two floors
Built in 1997 | Zoned C-1
4.27/1,000 parking ratio (75 spaces)
Prominent exterior building signage opportunity
Asking Price: $2,950,000 ($186.51/SF)
Surrounded by premier retail, dining, hotels, and fitness amenities
Just one mile from the I-465 interchange, offering seamless regional access
This highly visible Northside location positions tenants and owners in the heart of Indianapolis’ most dynamic suburban office and medical corridor, with proximity to Whole Foods, Target, Williams-Sonoma, Firebirds, and numerous national and local operators.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
- Miscellaneous
- Leases
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
15,817 SF
Building Class
B
Year Built
1997
Price
$2,950,000
Price Per SF
$186.51
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,908 SF
Slab To Slab
10’
Building FAR
0.25
Lot Size
1.46 AC
Zoning
ZO01
Parking
75 Spaces (4.27 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
-
Jan 0000
Significant advancements have occurred in the field of vestibular medicine (specialty dealing with the symptoms of dizziness and vertigo) over the past 20 years. BalanceMD, led by Dr. Scott K Sanders, has the most up-to-date diagnostic technology and knowledge to help you with your symptoms.
-
- Health Care and Social Assistance
- -
- -
-
Jan 0000
CRG is a multi-specialty behavioral health practice serving children, adolescents, adults, and their families. They help people with learning, developmental, or emotional/ behavioral disorders. Their professional group includes psychiatrists, psychologists, school psychologists, psychiatric nurse practitioners and a postsecondary disability specialist.
- Kerrie L. Posey
- Health Care and Social Assistance
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | Jan 0000 | ||
|
|
Health Care and Social Assistance | - | - | Jan 0000 | ||
| Kerrie L. Posey | Health Care and Social Assistance | - | - | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-03-14-123-017.000-800 | Improvements Assessment | $1,125,500 |
| Land Assessment | $587,700 | Total Assessment | $1,713,200 |
Property Taxes
Parcel Number
49-03-14-123-017.000-800
Land Assessment
$587,700
Improvements Assessment
$1,125,500
Total Assessment
$1,713,200
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
