U.S. Geological Survey & U.S. Department of Agriculture
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Location
The Ficke Team at Colliers is pleased to present a Market Position Analysis for Corporate Center Lakeside, located at 5957–6035 Lakeside Boulevard, Indianapolis, Indiana 46278. This single-story, multi-tenant flex office property was developed in 1986 and spans 89,805 rentable square feet on a 14.82-acre site. The property is currently 60.1% leased.
While Indiana hosts seven regional USDA offices, this specific location functions as the state headquarters and administrative hub—effectively operating as the USDA’s mortgage lending center for the entire state.
Additionally, this facility houses a branch of the U.S. Geological Survey (USGS), one of six mission-focused scientific divisions. This office plays a vital role in collecting and disseminating critical data on the nation's water resources, including groundwater and surface water management, natural hazard monitoring, and water quality protection. The specialized nature of this facility would require significant capital to replicate, as it is uniquely dedicated to water resource research and management.
Indianapolis, the capital and largest city in Indiana, is also the county seat of Marion County. With a consolidated population of 886,220 as of 2019, it ranks as the 17th most populous city in the United States. The city is home to three Fortune 500 companies: Anthem Inc. (health insurance), Eli Lilly (pharmaceuticals), and Simon Property Group (the largest real estate investment trust in the U.S.). Additionally, Cummins Inc. established its global distribution headquarters in downtown Indianapolis in 2017.
This offering represents a compelling opportunity for investors to acquire a high-quality, government-anchored asset. With a GSA lease backed by the U.S. Government’s AA+ credit rating (S&P), the property provides stable, investment-grade income and long-term security.
- Leased to the U.S. Government (S&P AA+ Credit Rating)
- Renovated to Suit USDA and USGS Operational Needs
- Mission-Critical Site Serving as USDA’s State Headquarters
- Generous On-Site Parking with 397 Surface Spaces
- Situated in a Business Park Near I-465 and Various Amenities
- Conveniently Located Just 15 Minutes from Downtown Indianapolis and the Indianapolis International Airport