720-722 N High School Rd — Sale in Indianapolis, IN

  • Price: $4.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46214

Photos

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Description

±39,900 SF Office Building on 7.92 Acres + ±39,900 SF on 7.92 acres + Facility recently renovated + Multiple private offices, conference rooms and breakout rooms + Three thoughtfully designed floors to enhance productivity and collaboration + Private wellness room + Outdoor courtyard at center of building + Open concept break area featuring a spacious kitchen for team meals and socializing + Commercial kitchen for catering and meal prep needs + 178 parking spaces + Elevator + Located on I-465 for easy access to I-74, I-70, and US Hwy 136 + Sale Price: $4,450,000

Market Context

This office in Indianapolis, IN is listed for sale at $4,450,000. 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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