Gibson Building — Lease in Indianapolis, IN
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Indianapolis, IN 46204
- Size: 123,000 SF
Description
Market Context
This office in Indianapolis, IN is listed for lease across 123,000 SF. It has been on the market for 114 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 123,000 SF: $227,550 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Based on comparable properties in similar markets rather than local sales.
Contact
- Russell Van Til · +1 (317) 639-0546
- Joshua Graham · +1 (317) 639-0491
Explore this market
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