This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

CNO Corporate Campus

6 Properties in Carmel, IN

Investment Highlights

  • Unique opportunity to acquire a desirable 78-acre redevelopment site aimed for mixed-use, located between the US 31 corridor and Carmel Midtown.
  • Strong community demographics with a continually growing and educated local population.
  • CNO Corporate Campus includes six separate buildings totaling 611,000 square feet with limited coverage of about 21% of the acreage.
  • Situated in a premier location in the Indianapolis MSA with excellent highway connectivity and significant area thoroughfare visibility.

Executive Summary

CNO Corporate Campus at College Drive and Pennsylvania Street is a rare opportunity to acquire a prime mixed-used redevelopment site in the heart of Carmel, Indiana. This offering represents one of the last large-scale, favorably located redevelopment sites available in the area. It provides an opportunity to transform central Carmel with a new mixed-use district. The campus includes six separate buildings, two industrial-flex buildings, and four low-rise office buildings. Situated on 78 acres, the current properties have limited coverage of about 21% of the acreage, providing a more efficient transition into a brand-new site.

Strategically positioned between the bustling US 31 corridor and thriving Carmel Midtown, the CNO Corporate Campus has superior connectivity and visibility for a wide range of uses. Investors will benefit from the surrounding Carmel submarket's continued surge in commercial development, with investments exceeding $3 billion since 2018, along with the site's distinctive scale for diverse development opportunities. Indianapolis has a diverse array of office-using tenants that have helped it perform better than many markets, especially coastal tech-oriented cities. Top industries operating in the area include agribusiness, logistics, manufacturing, information technology, and life sciences.

With an excellent location, expansive site, and limited coverage, CNO Corporate Campus is primed to offer an ideal redevelopment opportunity.

Property Facts

Sale Conditions Development Sale
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 586,733 SF
Total Land Area 59.47 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
CNO Financial
11825 N Pennsylvania St, Carmel, IN 46032
Office 80,000 SF 1990 -
Building K
535 N College Dr, Carmel, IN 46032
Office 139,337 SF 1999 -
1289 City Center Dr, Carmel, IN 46032 Office 101,265 SF 1960 -
Building E
560 N College Dr, Carmel, IN 46032
Light Industrial 87,540 SF - -
Building D
540 N College Dr, Carmel, IN 46032
Light Industrial 75,130 SF - -
11799 N College Ave, Carmel, IN 46032 Office 103,461 SF 1987 -
Show More > < Show Less
  • Listing ID: 30360307

  • Date on Market: 13/12/2023

  • Last Updated:

  • Address: CNO Corporate Campus, Carmel, IN

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}