Marcus & Millichap Successfully Facilitates Sale of 25-Suite Office Building in Indianapolis

Reuters
07-31
Marcus & Millichap Successfully Facilitates Sale of 25-Suite Office Building in Indianapolis

Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, announced the successful sale of a 25-suite office property located at 5455 W. 86th Street in Indianapolis, Indiana. The 24,362-square-foot building, fully leased and positioned near I-465, benefits from high visibility with over 35,142 vehicles passing daily. Originally built in 1979 and renovated in 2020, the property offers modern finishes and a diverse tenant mix. The transaction, managed by the DiSalvo | Bender | Nulf Group, highlights the strength of the small office market in Indianapolis, with the property going under contract within 45 days and selling for a price exceeding $100 per square foot. This deal underscores the robust demand for well-located, multi-tenant office buildings and positions the buyer for long-term success.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

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