Owner/User-Trophy Asset on Monument Circle | 40 Monument Cir
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40 Monument Circle is a premier seven-story mixed-use office and retail property prominently located in the heart of downtown Indianapolis on Monument Circle. Encompassing 139,906 square feet, the asset presents a prime opportunity to establish a modern, Class A+ environment tailored to meet tenant demands in the post-COVID marketplace.
Tenants benefit from unmatched visibility, signage rights, and sweeping views in a vibrant, walkable downtown setting. Alongside STAR Bank, four office floors totaling up to ±100,000 square feet are available, with efficient ±24,000-square-foot floor plates well-suited for a variety of occupiers. The property’s expansive three-story lobby further offers strong potential for conversion to tourism-focused retail or high-end dining concepts.
Strategically positioned in a city recognized for its pro-business climate, 40 Monument Circle leverages Indianapolis’s strong infrastructure, extensive logistics network, and highly connected interstate system. Known as the “Crossroads of America,” the metro provides direct access to five major interstates and key markets such as Chicago, Louisville, Detroit, and Columbus, reaching nearly half of the U.S. population within a day’s drive. With its central location and premier visibility, 40 Monument Circle is ideally suited to serve as a headquarters destination.
- Up to 100,000 SF of Class A+ vacant office space available on Monument Circle
- Features attached parking and premier signage visibility
- Current tenants (Star Bank, Emmis, and Urban One) provide steady cash flow during lease-up or redevelopment of lobby and upper floors
- Unique owner/user opportunity to acquire a mixed-use, multi-tenant property at under 50% of new construction replacement cost
- Prestigious Monument Circle location with unmatched pedestrian traffic and strong media exposure along the Indianapolis skyline