151 W Ohio - Recently renovated space in heart of… — Lease in Indianapolis, IN

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

Description

Office | For Sublease: 8,125 SF 8,125 SF office sublease in prime downtown location - excellent walkability, plus recently renovated. Key Facts Sublease Rate: $10.00 / SF Full Service Sublease Expire: NOV 30, 2024 Andrew Urban Executive Vice President Indianapolis License #: RB15001010 +1 317 713 2167 Call Now +1 317 713 2167 +1 317 979 1488 Call Mobile +1 317 979 1488 License #: RB15001010

Market Context

This office in Indianapolis, IN is listed for lease. It has been on the market for 176 days. Compare it against other office listings for lease in Indianapolis, IN — view the full market.

As of Q1 2026, the Indianapolis office market showed average asking rents near $20.98/SF/yr, and cap rates around 8.6%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Indianapolis?
About 8.6% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.57/SF/mo – $2.13/SF/mo

Mid: $1.85/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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

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