Meridian Park Place I — Lease in Carmel, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Carmel, IN 46032
  • Submarket: North/Carmel

Photos

Meridian Park Place I — Lease in Carmel, IN, photo 1 of 4
Meridian Park Place I — Lease in Carmel, IN, photo 2 of 4
Meridian Park Place I — Lease in Carmel, IN, photo 3 of 4
Meridian Park Place I — Lease in Carmel, IN, photo 4 of 4

Description

Single-story Class A building nestled in a beautiful wooded setting just 3 minutes to I-465 and close proximity to an abundance of dining and retail amenities.

Market Context

This office in Carmel, IN is listed for lease. Compare it against other office listings for lease in Carmel, IN — view the full market.

As of Q2 2026, the Indianapolis office market showed a 20.0% vacancy rate, average asking rents near $22.12/SF/yr, and rents up 0.1% year over year. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Indianapolis office market tightening or softening?
Vacancy is around 20.0% (Q2 2026).

Estimated Market Rate

$1.75/SF/mo – $2.35/SF/mo

Mid: $2.05/SF/mo

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

By our match to nearby addresses in brokers' reports, this property is in the North/Carmel submarket, where average asking rent was $22.62/SF/yr in Cushman & Wakefield's Q2 2026 report.

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