Indianapolis, IN Industrial & Warehouse Space for Rent

Search 188 warehouse and industrial listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

Brookside Industrial Centre

Brookside Industrial Park, Brookside Sunny Grove, Indianapolis, IN
Property

Industrial
Availability

1 Space

7,200 SF
For Lease Contact for pricing
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Corporate Center North - Building 9

6002-6488 Corporate Way Drive, Quail Ridge, Indianapolis, IN
Property

Industrial
Availability

1 Space

11,155 SF
Year Built

1988
For Lease Contact for pricing
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Rare Large User Opportunity with Rail Potential in Central Indy

1800 Churchman Ave, Fountain Square South, Indianapolis, IN
Property

Industrial
Availability

1 Space

214,650 SF
For Lease Contact for pricing
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4925 Decatur Blvd

4925 Decatur Blvd, Ameriplex, Indianapolis, IN
Property

Industrial

59,994 SF
Availability

1 Space

20,101 SF
For Lease Contact for pricing
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1842 Ludlow Ave

1842 Ludlow Ave , Spades Park, Indianapolis, IN
Property

Industrial

22,472 SF
Availability

1 Space

22,472 SF
For Lease Contact for pricing
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IDI World Connect 2

9040 Orly Rd, Ameriplex, Indianapolis, IN
Property

Industrial

462,232 SF
Availability

1 Space

203,496 SF
Year Built

2014
For Lease

$4.75/SF/YR
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Franklin Distribution Center

221 S Franklin Rd, Bullman Home Place, Indianapolis, IN
Property

Industrial
Availability

1 Space

204,800 SF
For Lease Contact for pricing
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2485 Directors Row

2485 Directors Row, Park Fletcher, Indianapolis, IN
Property

Industrial
Availability

1 Space

20,700 SF
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 $7.22 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

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 33 1,041,183

Park Fletcher 19 219,768

Drexel Gardens 16 254,908

Franklin Heights 14 724,632

Arlington Woods 10 631,818

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 145 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 38 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 145 14,340,827 6.53

Flex - Industrial 38 374,761 10.06

Flex - Office 5 58,442

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 178 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

178

less than 100,000 sqft

100,000 sqft to 500,000 sqft

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.

VanTrust to Build Sephora’s New Midwest Distribution Center

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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Indianapolis, IN Industrial & Warehouse Space for Rent

Brookside Industrial Centre

Corporate Center North - Building 9

Rare Large User Opportunity with Rail Potential in Central Indy

4925 Decatur Blvd

1842 Ludlow Ave

IDI World Connect 2

Franklin Distribution Center

2485 Directors Row