720-722 N High School Rd — Sale in Indianapolis, IN
- Price: $4.5M
- Listing type: For sale
- Asset type: Office
- Location: Indianapolis, IN 46214
Description
±39,900 SF Office Building on 7.92 Acres + ±39,900 SF on 7.92 acres + Facility recently renovated + Multiple private offices, conference rooms and breakout rooms + Three thoughtfully designed floors to enhance productivity and collaboration + Private wellness room + Outdoor courtyard at center of building + Open concept break area featuring a spacious kitchen for team meals and socializing + Commercial kitchen for catering and meal prep needs + 178 parking spaces + Elevator + Located on I-465 for easy access to I-74, I-70, and US Hwy 136 + Sale Price: $4,450,000
Market Context
This office in Indianapolis, IN is listed for sale at $4,450,000. It has been on the market for 197 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
- Jeff Merritt · +1 317 269 1040 · jeff.merritt@cbre.com
Explore this market
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