263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity

For Sale

4310 Stout Field N Dr, Indianapolis, IN 46241

This Indianapolis property for sale is located at 4310 Stout Field N Dr. Contact the listing broker for details on the current sale price for 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity. 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity is situated on a lot that is 13.49 square feet in size.

Contacts

broker

Alex Davenport

broker

Rachel Patten

broker

Alex Cantu

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 13.49 SF
  • Additional Rent Contact for pricing
  • Date Updated May 17, 2024

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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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 18/100

    Walk Score ®

  • 17/100

    Transit Score ®

  • 28/100

    Bike Score ®

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Location

  • City Indianapolis, IN
  • Neighborhood Drexel Gardens
  • Zip Code 46241
  • Market Indianapolis

Points of Interest

  • Indiana University/Riley

    4.24 miles

  • Canal

    4.92 miles

  • Quick Fuel

    1.01 miles

  • Speedway

    1.07 miles

  • Phillips 66

    1.17 miles

  • BP

    1.35 miles

  • Phillips 66

    1.36 miles

  • Speedway

    1.41 miles

  • Phillips 66

    1.47 miles

  • Speedway

    1.64 miles

  • Phillips 66

    1.72 miles

  • McClure

    2.00 miles

  • XTRA Lease Indianapolis

    2.01 miles

  • Dependable Sandblast Corp

    3.63 miles

  • Enterprise

    3.64 miles

  • Alamo

    3.64 miles

  • National

    3.64 miles

  • Avis

    3.65 miles

  • Hertz

    3.65 miles

  • Budget

    3.66 miles

  • BlueIndy

    4.72 miles

  • Cheap Tow Truck LLC

    5.05 miles

  • Gil Tacos

    0.75 miles

  • Subway

    0.78 miles

  • McDonald's

    1.06 miles

  • Chef Tia & Co

    1.17 miles

  • A Charley Biggs

    1.18 miles

  • Wendy's

    1.18 miles

  • Burger King

    1.19 miles

  • New Egg Roll King

    1.20 miles

  • Deproof African Resturant & Bar

    1.21 miles

  • Just Pizza

    1.22 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.

Contact 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity