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8901 Otis Ave
62,162 SF 84% Leased Office Building Indianapolis, IN 46216 For Sale
Investment Highlights
- Built in 1939 as a Barracks for the Enlisted
- Mechanicals and Roof in Great Shape
- 2 Miles East of I-465
- Partially leased by income producing Tenants with varying expirations
- 170 Parking Spaces with excess ground to for expansion
- Many Area Amenities
Executive Summary
training capacity for two World Wars, the Cold War, Vietnam War, and other U.S. actions. For many, the fort was a point of
induction into or release from military service. It remains an excellent example of military facility planning from the early
20th century and includes many of its original 1902-10 era buildings. In the 1990s, Fort Harrison was decommissioned.
Private development has been allowed to use excess parts of the fort, adding new neighborhoods. Former officer housing
and barracks have been rehabilitated for private use. Much of the grounds were kept in a natural state during the Army’s
stewardship of the base. Fort Harrison State Park is open to the public and includes hiking and horseback trails, golf, and
dining facilities at the former Officers’ Club.
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
| Space | Size | Space Use | Condition | Available |
| Lower Level | 2,150 SF | Office | Shell Space | Now |
| 2nd Floor | 4,000 SF | Office | Shell Space | Now |
| 2nd Floor | 4,000 SF | Office | Shell Space | Now |
Lower Level
| Size |
| 2,150 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
Lower Level
| Size | 2,150 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
2nd Floor
| Size | 4,000 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
2nd Floor
| Size | 4,000 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rental Rate: $17.50/SF - Full Service • Unique, Exposed Brick - Flexible Layouts, High Ceilings • 2,000 - 4,000 SF Available For Lease - Full Floors with Furniture - Move In Ready / Plug and Play • Fitness Center and Locker Rooms Available to Tenants • Outdoor Patio Access for Employee Use • Exterior Signage Available • Located on IndyGo Bus Line • Access to All Ft. Ben Amenities - Restaurants, Banks, YMCA, etc.
PROPERTY TAXES
| Parcel Number | 49-08-06-106-004.000-407 | Improvements Assessment | £1,033,886 (2023) |
| Land Assessment | £1,196,233 (2023) | Total Assessment | £2,230,119 (2023) |
PROPERTY TAXES
-
Jeff Merritt -
CBRE
Presented by
8901 Otis Ave
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