Indianapolis, IN Industrial & Warehouse Space for Rent

Search 190 warehouse and industrial listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

Park Fletcher Building 12

1936 South Lynhurst Drive, Drexel Gardens, Indianapolis, IN
Property

Industrial

91,758 SF
Availability

1 Space

4,001 SF
For Lease Contact for pricing
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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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Castle Point Trade Center

8621-8677 Bash St, Castleton, Indianapolis, IN
Property

Industrial
Availability

1 Space

4,584 SF
For Lease Contact for pricing
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Downtown Industrial Building Available

1255 Roosevelt Ave, Windsor Park, Indianapolis, IN
Property

Industrial
Availability

1 Space

67,200 SF
For Lease Contact for pricing
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±52,449 SF Industrial/Flex Building on ±5.09 Acres

8902 Vincennes Cir, College Park, Indianapolis, IN
Property

Industrial
Availability

1 Space

17,480 SF
For Lease Contact for pricing
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4495 Saguaro Trl.

4495 Saguaro Trl., New Augusta Woods, Indianapolis, IN
Property

Industrial

10,325 SF
Availability

1 Space

10,325 SF
Year Built

1987
For Lease Contact for pricing
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Downtown Heavy Industrial Complex

2058 Doctor M.L.K. Jr St, Fall Creek and 16th Street Park, Indianapolis, IN
Property

Industrial
Availability

1 Space

75,696 SF
For Lease Contact for pricing
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Park 100 Building 111

7102-7196 Lakeview Pkwy W Dr, Park 100, Indianapolis, IN
Property

Industrial

83,545 SF
Availability

2 Spaces

18,911 SF
Year Built

1988
For Lease

$11.00/SF/YR
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The Midway Building

5770 Decatur Blvd, Ameriplex, Indianapolis, IN
Property

Industrial

77,806 SF
Availability

1 Space

77,806 SF
Year Built

2004
For Lease Contact for pricing
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7601 E 88th Place

7601 E 88th Pl, The Villages, Indianapolis, IN
Property

Industrial

30,000 SF
Availability

1 Space

30,000 SF
Year Built

1976
For Lease

$13.30/SF/YR
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Crosspoint VIII

7998 Centerpoint Dr, Castleton, Indianapolis, IN
Property

Industrial

25,695 SF
Availability

1 Space

25,013 SF
Year Built

1998
For Lease

$8.75/SF/YR
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Park 100 - Building 71

5250 West 76th Street, Park 100, Indianapolis, IN
Property

Industrial

193,400 SF
Availability

1 Space

25,852 SF
Year Built

1987
For Lease Contact for pricing
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80-Door Truck Terminal and Maintenance Facility on ±10.07 acres

2612 W Morris St, Belmont, Indianapolis, IN
Property

Industrial
Availability

1 Space

45,591 SF
For Lease Contact for pricing
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Indianapolis Industrial Center

3000 Shelby St, North Perry, Indianapolis, IN
Property

Industrial
Availability

1 Space

24,000 SF
For Lease Contact for pricing
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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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±130,800 SF Manufacturing Facility on ±13.69 Acres

6302 Churchman Bypass, Churchman Estates, Indianapolis, IN
Property

Industrial
Availability

1 Space

130,800 SF
For Lease Contact for pricing
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5343 Commerce Square Drive

5343 Commerce Square Drive, Sycamore Run, Indianapolis, IN
Property

Industrial

61,377 SF
Availability

1 Space

61,337 SF
Year Built

1998
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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5150 Decatur Blvd

5150 Decatur Blvd, Ameriplex, Indianapolis, IN
Property

Industrial

120,000 SF
Availability

1 Space

88,576 SF
Year Built

1998
For Lease Contact for pricing
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3333 North Franklin Road

3333 North Franklin Road, Franklin Heights, Indianapolis, IN
Property

Industrial

278,338 SF
Availability

1 Space

125,000 SF
Year Built

1964
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 $7.29 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 $15 $15

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 1,028,797

Park Fletcher 23 356,148

Franklin Heights 16 673,709

Drexel Gardens 11 189,157

Castleton 11 78,906

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 139 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 6 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 44 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 139 13,947,879 6.38

Flex - Industrial 44 340,040 9.88

Flex - Office 10 116,460

Manufacturing 6 550,566

Showroom - Industrial 4 24,374

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 183 listing(s) in that size range.

Warehouse space available for rent in Indianapolis ranges in size from 1,200 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

183

less than 100,000 sqft

23

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.

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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