Office in Carmel, IN — Lease in Carmel, IN

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

Photos

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Description

Fully Furnished Sublease Opporunity Full 3rd floor available for sublease (20,472 SF)

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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