Move-In Ready Medical Office Adjacent to Franciscan — Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Indianapolis, IN 46237
  • Size: 11,859 SF

Description

Move-In Ready Medical Office Adjacent to Franciscan 25 Exam Rooms Already Built • Save Hundreds of Thousands in Build-Out Costs • Occupy This Year 8360 S. Emerson Avenue offers second-generation office space in a highly visible, easily accessible southside Indianapolis location. The second floor features approximately 2,119 SF at $12/SF Gross , ideal for administrative or support functions that complement nearby medical services. Property Highlights Second Floor: ±2,119 SF | $12/SF Gross Prominent visibility along Emerson Avenue with high traffic counts Ample surface parking for staff and patients Professional, well-maintained two-story building Building SF: 11859 | Land Size: 0.34 Ac | Listing Type: FOR LEASE

Market Context

This office in Indianapolis, IN is listed for lease across 11,859 SF. It has been on the market for 71 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

Estimated total for 11,859 SF: $21,939 per month

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

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

Contact

Explore this market

Similar Office for Lease in Indianapolis, IN