Indianapolis, IN Industrial & Warehouse Space for Rent

Search 201 warehouse and industrial listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

Girls School Business Park

7125 Girls School Ave, Bailey Highlands, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 4,200 SF
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Jackson Industrial Park - Building 6

8752 E 33rd St, Franklin Heights, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 4,000 SF
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County Line Commerce - Building 1

SWC South Arlington Avenue & County Line Road, Southern Springs, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 344,100 SF
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Bash Business Center

8481 Bash St, Castleton, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 2,975 SF
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Lincoln Business Park

1340 Sadlier Cir W Dr, Glenroy Village, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 3,600 SF
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Park Fletcher Building 20 | Suite 5501-5505

5501-5505 W Minnesota St, Drexel Gardens, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 31,000 SF
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Available now!

1024 Western Dr, Victoria Woods, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 19,304 SF
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Fully renovated distribution facility with maintenance shop & truck terminal on site

Duplicate of 333 S Franklin Rd, Bullman Home Place, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 408,396 SF
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Belmont Industrial Complex

217 S Belmont Ave, Belmont, Indianapolis, IN
Property Type

Industrial
For Lease Contact for pricing

1 space available / 64,945 SF
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Industrial Space Rents in Indianapolis, IN

The average asking rent for industrial space in Indianapolis is $8.03 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 $8 $8

Class C Industrial Properties $9 $11

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 39 1,215,921

Park Fletcher 16 226,161

Drexel Gardens 12 236,503

Franklin Heights 12 808,906

Castleton 9 110,636

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 149 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 7 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 39 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 149 15,722,521 7.03

Flex - Industrial 39 303,530 9.58

Flex - Office 11 132,615

Manufacturing 7 396,751

Showroom - Industrial 5 35,350

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 203 listing(s) in that size range.

Warehouse space available for rent in Indianapolis ranges in size from 1,322 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

203

less than 100,000 sqft

100,000 sqft to 500,000 sqft

Recent Industrial Market News

Sealy Continues Midwestern Buying Spree

The company expanded its Indianapolis footprint right after purchasing a Kansas City asset.

Indianapolis Industrial Sector Fell Short in 2024

The market’s metrics lagged national trends, according to CommercialEdge data.

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.

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Indianapolis, IN Industrial & Warehouse Space for Rent

Girls School Business Park

Jackson Industrial Park - Building 6

County Line Commerce - Building 1

Bash Business Center

Lincoln Business Park

Park Fletcher Building 20 | Suite 5501-5505

Available now!

Fully renovated distribution facility with maintenance shop & truck terminal on site

Belmont Industrial Complex