Contacts
Friedman Real Estate
Friedman Real Estate
Property Details
- Property Type Office
- Property Size 170,211 SF
- Lot Size 3.72 Acre
- Date Updated Jul 13, 2026
- Madison Plaza: A 5-story Class B office building totaling ±170,211 gross square feet located approximately 1.4 miles south of Indianapolis CBD
- Iconic Near-Downtown Location: Positioned just south of the Indianapolis CBD with strong visibility along Madison Avenue and quick access to I-70, I-65, and I-465.
- Large, Flexible Floor Plates: Multi-story building with contiguous & flexible spaces suitable for tenant sizes common in today's market.
- Abundant On-Site Parking: Approximately 400 surface parking spaces, a significant competitive advantage for near-CBD properties
- Amenity-Rich Asset: Rooftop patio with skyline views, I-70 signage opportunities, loading dock, freight elevator, and on-site amenities enhancing tenant retention and branding.
- Value-Add Leasing Opportunity: Ability to drive NOI exponentially through lease-up of existing suites.
- Redevelopment Upside: Situated in a path-of-progress corridor, the site's land use plan is Mixed-Use, which allows the request for rezoning to mixed-use district, which would permit developments with retail, service, office, and residential.
Reach out to the broker for more info on lease terms and amenities
Getting around
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62/100
Walk Score ®
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53/100
Transit Score ®
-
66/100
Bike Score ®
Location
- City Indianapolis, IN
- Neighborhood Fletcher Place
- Zip Code 46225
- Market Indianapolis
Points of Interest
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Phillips 66
0.38 miles
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Speedway
0.44 miles
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ChargePoint
0.53 miles
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Marathon
0.59 miles
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Tesla Supercharger
0.76 miles
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BP
1.03 miles
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Tesla Destination Charger
2.55 miles
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Electrify America
5.37 miles
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Lot C
0.15 miles
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LaRosa South
0.18 miles
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Lot 43 South
0.21 miles
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Lot 98
0.30 miles
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Lot 43 North
0.33 miles
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Lot 48
0.34 miles
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Rolls-Royce Employee and Visitor Parking
0.36 miles
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Lot 35
0.44 miles
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Union Station Parking Garage
0.52 miles
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Cityway North Car Park
0.54 miles
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TownePlace Suites
0.28 miles
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Tru
0.32 miles
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The Alexander
0.45 miles
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Crowne Plaza Indianapolis Downtown (Union Station)
0.56 miles
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Homewood Suites by Hilton Indianapolis-Downtown
0.60 miles
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Omni Severin Hotel
0.62 miles
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Hyatt House Indianapolis / Downtown
0.64 miles
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Hyatt Place Indianapolis Downtown
0.64 miles
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Holiday Inn Express & Suites
0.68 miles
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Staybridge Suites
0.68 miles
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Village Food Mart
0.53 miles
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Express Neighborhood Market
0.59 miles
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Trans-Plants
0.62 miles
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Circle Center Mall
0.77 miles
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Angelo's Food Market
0.79 miles
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Carson's
0.80 miles
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TJ Maxx
0.93 miles
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Whole Foods Market
0.93 miles
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Needler's Fresh Market
1.17 miles
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Village Pantry
1.30 miles