1320 City Center Drive — Lease in Carmel, IN
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Carmel, IN 46032
- Submarket: North/Carmel
Photos
Description
12,837 SF Available in Carmel, IN + Suite 350: 12,837 SF + Ample parking including parking garage + Furniture negotiable + Common amenity space in building + Plentiful restaurants and retail in the area + Lease expiration: September 29, 2029 + Sublease Rate: Negotiable
Market Context
This office in Carmel, IN is listed for lease. Compare it against other office listings for lease in Carmel, 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 North/Carmel submarket, where average asking rent was $22.62/SF/yr in Cushman & Wakefield's Q2 2026 report.
Contact
- Jeff Merritt · +1 317 269 1040 · jeff.merritt@cbre.com
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