±10,000 SF Multi-Tenant Industrial Investment Sale | 11.49% Cap Rate

For Sale

3031 South Holt Road, Indianapolis, IN 46221

This Indianapolis property for sale is located at 3031 South Holt Road. The current listed sale price for ±10,000 SF Multi-Tenant Industrial Investment Sale | 11.49% Cap Rate is $795,000. ±10,000 SF Multi-Tenant Industrial Investment Sale | 11.49% Cap Rate is situated on a lot that is 0.75 acre in size.

Contacts

Nick O'Patterson

SVN | Northern Commercial

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 10,000 SF
  • Units 2
  • Lot Size 0.75 Acre
  • Year Renovated 2025
  • Date Updated Sep 25, 2026
  • HVAC None
Strategically located on Indianapolis' southwest side, 3031 S. Holt Road is zoned C-5 (Thoroughfare Service), allowing for a wide variety of commercial and light industrial uses. The property offers exceptional access to Interstate 70, Interstate 465, and the Indianapolis International Airport, making it well-suited for warehouse, distribution, flex, contractor, automotive, service, and showroom users. Situated just minutes from the AmeriPlex at Indianapolis industrial corridor, the location benefits from a strong concentration of industrial and commercial businesses, providing access to a robust workforce, suppliers, and customers. With excellent regional connectivity and flexible zoning, 3031 S. Holt Road presents an outstanding opportunity for businesses seeking a highly accessible and versatile location in one of Indianapolis' most active commercial corridors.Discover an exceptional investment opportunity at 3031 South Holt Road, Indianapolis, IN. This renovated 10,000 SF multi-tenant industrial building, with 100% occupancy, offers immediate cash flow. With one 5,000 SF units leased at $9/SF NNN until 9/30/2029 & the other leased at $9.27/SF NNN until 7/31/2030, the property showcases a wide range of uses, including automotive, thanks to its C5 zoning. Recent capital improvements ensure a solid foundation for future growth, while its prime location provides excellent access to major highways. Don't miss out on this excellent 1031 Exchange opportunity, perfectly suited for Industrial/Warehouse/Distribution investors.
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Highlights

  • 10,000 SF multi-tenant industrial building
  • 3% base lease rate escalations for both leases
  • Commercial zoning (C5) allows for wide range of uses - Automotive uses permitted
  • Excellent 1031 Exchange opportunity
  • Excellent access to Kentucky Ave, I-465, and I-70
  • Immediate cash flow
  • Many recent capital improvements
  • Two 5,000 SF Units leased: One at $9/SF NNN until 9/30/2029 & the other at $9.27/SF NNN until 7/31/2030

Attachments

Getting around

  • 45/100

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  • 23/100

    Transit Score ®

  • 46/100

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Location

  • City Indianapolis, IN
  • Neighborhood Mars Hill
  • Zip Code 46221
  • Market Indianapolis

Points of Interest

  • Speedway

    0.08 miles

  • Phillips 66

    0.29 miles

  • Marathon

    0.61 miles

  • Quick Fuel

    1.96 miles

  • Kroger

    2.03 miles

  • Tesla Supercharger

    4.61 miles

  • ChargePoint

    4.91 miles

  • Tesla Destination Charger

    4.96 miles

  • Electrify America

    7.60 miles

  • XTRA Lease Indianapolis

    1.41 miles

  • Blue Beacon

    2.46 miles

  • Dependable Sandblast Corp

    2.81 miles

  • Truckomat Truck Wash

    2.83 miles

  • Enterprise

    3.95 miles

  • Alamo

    3.96 miles

  • National

    3.96 miles

  • Avis

    3.98 miles

  • Hertz

    3.98 miles

  • Budget

    3.99 miles

  • Mel's Drive In Restaurant

    0.20 miles

  • A Charley Biggs

    0.28 miles

  • Mickey & Bill's Pizza

    0.32 miles

  • Wendy's

    0.39 miles

  • Burger King

    0.57 miles

  • Iguana's Taqueria

    0.59 miles

  • Little Caesars

    0.65 miles

  • China One Restaurant

    0.71 miles

  • Los Patios Mexican Restaurant

    0.71 miles

  • Subway

    0.77 miles

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