2186 North Sherman Drive — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46218
  • Submarket: Midtown
  • Size: 80,480 SF

Photos

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Description

Office | Building Size: 80,480 SF | Land Area: 7.77 ac

Market Context

This office in Indianapolis, IN is listed for sale across 80,480 SF. Compare it against other office listings for sale in Indianapolis, 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 buyers 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).

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