Indianapolis, IN Industrial & Warehouse Space for Rent

Search 191 warehouse and industrial listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

Park 100 - 5134-5160 West 81st Street

5136 West 81st Street, Park 100, Indianapolis, IN
Property

Industrial

128,820 SF
Availability

1 Space

44,800 SF
Year Built

1984
For Lease Contact for pricing
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Park Fletcher Building 11

2040 South Lynhurst Drive, Drexel Gardens, Indianapolis, IN
Property

Industrial

92,000 SF
Availability

2 Spaces

16,000 SF
For Lease Contact for pricing
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2364 Production Drive

2364 Production Drive, Park Fletcher, Indianapolis, IN
Property

Industrial

10,224 SF
Availability

1 Space

10,224 SF
Year Built

1984
For Lease

$9.50/SF/YR
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4557 West Bradbury Avenue

4557 West Bradbury Avenue, Mars Hill, Indianapolis, IN
Property

Industrial

111,036 SF
Availability

1 Space

64,068 SF
Year Built

1975
For Lease Contact for pricing
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3250 N Post Road Bldg 100

3250 N Post Road Bldg 100, Franklin Heights, Indianapolis, IN
Property

Industrial

73,700 SF
Availability

4 Spaces

22,611 SF
Year Built

1989
For Lease Contact for pricing
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Park 100 - Building 101

5840-5958 W 71st St, Park 100, Indianapolis, IN
Property

Industrial
Availability

1 Space

2,700 SF
Year Built

1982
For Lease Contact for pricing
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3120 North Post Road

3120 North Post Road, Franklin Heights, Indianapolis, IN
Property

Industrial

175,763 SF
Availability

1 Space

57,567 SF
Year Built

1982
For Lease Contact for pricing
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51 Koweba Ln | Indianapolis, IN

51 Koweba Ln, Canby Home Place, Indianapolis, IN
Property

Industrial
Availability

1 Space

53,400 SF
For Lease Contact for pricing
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Park 100 Building 7

5333-5367 W 86th Street, Park 100, Indianapolis, IN
Property

Industrial

42,156 SF
Availability

1 Space

3,600 SF
Year Built

1974
For Lease Contact for pricing
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Northeast Business Center - Bldg. 3 & 8

7301 E. 90th St., Castleton, Indianapolis, IN
Property

Industrial

70,422 SF
Availability

4 Spaces

12,290 SF
Year Built

1988
For Lease

$15.00/SF/YR
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Commerce Park - Building 3

8770 Commerce Park Place, College Park, Indianapolis, IN
Property

Industrial
Availability

1 Space

3,556 SF
Year Built

1983
For Lease Contact for pricing
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1413 E. Naomi St.

1413 E Naomi St, Fountain Square South, Indianapolis, IN
Property

Office

46,552 SF
Availability

1 Space

7,500 SF
Year Built

1904
For Lease

$3.75/SF/YR
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Hillsdale Building 4

6910-6998 Hillsdale Ct, Bayview, Indianapolis, IN
Property

Industrial

73,871 SF
Availability

2 Spaces

9,602 SF
Year Built

1987
For Lease Contact for pricing
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Park Fletcher Building 17

1810 South Lynhurst Drive, Drexel Gardens, Indianapolis, IN
Property

Industrial

135,000 SF
Availability

3 Spaces

40,570 SF
For Lease Contact for pricing
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Corporate Center North - Building 4

6026-6036 Lakeside Blvd, Quail Ridge, Indianapolis, IN
Property

Industrial

88,874 SF
Availability

1 Space

31,654 SF
Year Built

1985
For Lease

$9.50/SF/YR
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Shadeland Technology Center

3035 N Shadeland Ave, Arlington Woods, Indianapolis, IN
Property

Industrial

567,986 SF
Availability

1 Space

44,214 SF
Year Built

1967
For Lease

$12.00/SF/YR
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Hillsdale Building 3

6801-6825 Hillsdale Ct, Bayview, Indianapolis, IN
Property

Industrial

84,050 SF
Availability

1 Space

13,000 SF
Year Built

1987
For Lease Contact for pricing
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Western Select Bldg 30

2525 N Shadeland Ave, Arlington Woods, Indianapolis, IN
Property

Industrial

1,135,000 SF
Availability

1 Space

9,200 SF
Year Built

1949
For Lease

$4.95/SF/YR
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±12,540 SF with Outdoor Storage

4380 Sellers St, Allen and Sellers, Lawrence, IN
Property

Industrial
Availability

1 Space

12,540 SF
For Lease Contact for pricing
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Park Fletcher Building 2

5730 Dividend Rd, Drexel Gardens, Indianapolis, IN
Property

Industrial

40,826 SF
Availability

1 Space

18,150 SF
Year Built

1975
For Lease Contact for pricing
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Industrial Space Rents in Indianapolis, IN

The average asking rent for industrial space in Indianapolis is $6.98 per square foot. However, there are various types of this kind of property on the market. Depending on location and any number of unique attributes, listings may offer different levels of accessibility and amenities, space size, and other factors that can influence leasing costs. In general, the quality rating of the property (also known as property class or building class) plays the most important part in how much a leasing opportunity asks for.

Indianapolis, IN Industrial Listing Rents, by Building Class

Property Class Min. Rental Rate Max. Rental Rate

Class B Industrial Properties $6.25 $6.25

Class C Industrial Properties $11 $13.3

Top Locations to Rent Industrial and Warehouse Space in Indianapolis, IN

Typically, commercial property is developed under special zoning allowances. Compared to other commercial property types, industrial real estate tends to be more separated from densely populated areas of a city. Ideally, that is both in the interest of the property beneficiaries and of the neighboring communities. However, some developments of this type are well suited to house community-friendly activities and essential services, so there can be exceptions based on property use.

In Indianapolis, you’ll find the highest number of warehouse or other industrial spaces for rent in Park 100.

Top Locations to Rent Industrial Space in Indianapolis, IN

Neighborhood Name No. of Listings Total listings Sq. Ft.

Park 100 32 881,240

Park Fletcher 23 359,470

Franklin Heights 17 699,593

Drexel Gardens 15 246,691

Arlington Woods 8 531,288

Industrial Space Types You Can Rent in Indianapolis, IN

Properties of this type provide a wide array of solutions for various business needs. The most frequent use types (or property subtypes) you are likely to encounter are: warehouse, manufacturing, and flex industrial space.

Warehouses address storage and distribution needs and typically feature high ceilings, large floors, numerous loading docks, and climate control systems. In Indianapolis, you can currently find 138 warehouse space(s) listed for rent.

Manufacturing facilities generally feature high-power electrical outlets, specialized ventilation systems, and heavy-duty flooring. Currently, you can find 5 manufacturing space listing(s) for rent in Indianapolis.

Flex space seeks to accommodate multiple property uses and is designed to be easily adaptable to the changing needs of growing clients. Flex properties are designed to be easily adaptable to the changing needs of growing clients. For your consideration, the local market currently offers 40 flex space listing(s).

Indianapolis, IN Industrial Space for Rent, by Property Use

Use Type No. of Listings Total Sq. Ft. Avg. Rent per Sq. Ft.

Warehouse/Distribution 138 13,947,515 6.6

Flex - Industrial 40 352,810 10.25

Flex - Office 6 78,442

Manufacturing 5 512,668

Showroom - Industrial 4 24,716

Average Size of Warehouse Space for Rent in Indianapolis, IN

The most common size for warehouse space in Indianapolis is less than 100,000 sqft. Currently, the local market offers 175 listing(s) in that size range.

Warehouse space available for rent in Indianapolis ranges in size from 1,000 square feet to 1,173,744 square feet.

The size of the warehouse you should be looking to rent will, of course, depend on your specific needs: you might be looking for the capacity to store large-volume goods, or items that perhaps require cold-storage or some other specific solutions. Reach out to property representatives in the area for details on what each available listing can offer to best accommodate your business.

Indianapolis, IN Warehouse Space for Rent, by Listing Size

175

less than 100,000 sqft

22

100,000 sqft to 500,000 sqft

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Recent Industrial Market News

Indianapolis Industrial Scene Sends Mixed Signals

Deliveries declined by more than half year-over-year through August, CommercialEdge data shows.

Eli Lilly Launches $4.5B R&D, Manufacturing Center

The groundbreaking project will boost the company’s investment in this innovation hub to $13 billion.

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The facility will come online next year.

Lincoln Property Sells Indianapolis-Area Industrial Asset

The building came online last year.

Eli Lilly Boosts Manufacturing Site With $5.3B Investment

This campus is rising within a 9,000-acre research and innovation district.

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