301 Penn on Parkway — Sale in Indianapolis, IN
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Indianapolis, IN 46280
Description
Penn on Pkwy is a Class A office park that sits at the point of I-465, where Indianapolis meets Carmel. The park is comprised of 3 office buildings and a large water feature with an abundance of parking. The high profile visibility on I-465 sets Penn on Pkwy apart from others making this an excellent location for any Class A tenant.
Market Context
This office in Indianapolis, IN is listed for sale. It has been on the market for 78 days. Compare it against other office listings for sale 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.
Contact
- Abby Zito · abby.zito@jll.com
- John Vandenbark · john.vandenbark@jll.com
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