101 W Ohio St — Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46204
  • Submarket: Downtown

Market Context

This office in Indianapolis, IN is listed for lease. Compare it against other office listings for lease in Indianapolis, IN — view the full market.

As of Q2 2026, the Indianapolis office market showed a 20.0% vacancy rate, average asking rents near $22.12/SF/yr, and rents up 0.1% year over year. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Indianapolis office market tightening or softening?
Vacancy is around 20.0% (Q2 2026).

Estimated Market Rate

$1.75/SF/mo – $2.35/SF/mo

Mid: $2.05/SF/mo

Based on comparable properties in similar markets rather than local sales.

By our match to nearby addresses in brokers' reports, this property is in the Downtown submarket, where average asking rent was $24.22/SF/yr in Cushman & Wakefield's Q2 2026 report.

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