Two Penn Mark Plaza — Lease in Carmel, IN
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Carmel, IN 46032
Description
Market Context
This office in Carmel, IN is listed for lease. It has been on the market for 113 days. Compare it against other office listings for lease in Carmel, 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
Rate-first confidence-weighted blend with cost-of-business adjustment.
Based on comparable properties in similar markets rather than local sales.
Explore this market
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