One Meridian Plaza — Lease in Indianapolis, IN

• Price: Contact for price
• Listing type: For lease
• Asset type: Office
• Location: Indianapolis, IN 46280
• Submarket: North/Carmel

Market Context

This office in Indianapolis, IN is listed for lease. Compare it against other office listings for lease 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 tenants leverage and a wide set of comparables.

$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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