Contacts
Alex Davenport
Rachel Patten
Alex Cantu
Property Details
- Property Type Industrial - Warehouse/Distribution
- Lot Size 13.49 SF
- Additional Rent Contact for pricing
- Date Updated Nov 14, 2024
UNDER CONTRACT
Colliers Midwest Investment Services, as an exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 4310 Stout Field North Drive in Indianapolis Indiana (“the Property”). The Property includes 263,230 square feet of industrial space (30,210 square feet of which is freezer) and sits upon 13.49 acres of I-3 zoned industrial ground located in Indianapolis’ highly coveted southwest submarket.
The Property is fully leased through July 9, 2026. The in-place NOI today stands 190% below our stabilized proforma NOI in Year 4, providing investors a rare opportunity to add immense value through a thoughtful lease up strategy of a well-located industrial asset boasting a unique combination of attributes – heavy industrial I-3 zoning, visible from and immediately accessible to I-70, +/-4 acres of expansion ground for outside storage, 30K SF of freezer space, long-term solar panel lease providing additional income and/or future ability to offset electricity expense, as well as being rail-served via spur.
4310 Stout Field provides the opportunity to acquire an infill industrial asset at a major discount to replacement cost in a desirable Indianapolis logistics submarket. The central location, high quality inexpensive labor, access to a significant portion of the North American population and quality of infrastructure create the perfect scenario for operators looking to establish a critical distribution infrastructure.
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Getting around
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18/100
Walk Score ®
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17/100
Transit Score ®
-
28/100
Bike Score ®
Location
- City Indianapolis, IN
- Neighborhood Drexel Gardens
- Zip Code 46241
- Market Indianapolis
Points of Interest
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Speedway
0.94 miles
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Quick Fuel
1.01 miles
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Shell
1.06 miles
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Phillips 66
1.17 miles
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Kroger
1.20 miles
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Tesla Destination Charger
4.30 miles
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Tesla Supercharger
4.49 miles
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ChargePoint
4.71 miles
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Electrify America
8.57 miles
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XTRA Lease Indianapolis
2.01 miles
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Dependable Sandblast Corp
3.63 miles
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Enterprise
3.64 miles
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Alamo
3.64 miles
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National
3.64 miles
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Avis
3.65 miles
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Hertz
3.65 miles
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Budget
3.66 miles
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Blue Beacon
3.80 miles
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Truckomat Truck Wash
4.21 miles
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Gil Tacos
0.75 miles
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Subway
0.78 miles
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Jimmy John's
0.89 miles
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McDonald's
1.06 miles
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Chef Tia & Co
1.17 miles
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A Charley Biggs
1.18 miles
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Wendy's
1.18 miles
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Burger King
1.19 miles
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New Egg Roll King
1.20 miles
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Deproof African Resturant & Bar
1.21 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
