Warehouse and Industrial Spaces for Rent in Indianapolis, IN

Search 178 warehouse and industrial listings in Indianapolis, IN and find helpful local stats in the Market Overview section below.

5738 Wheeler Road

5738 Wheeler Road, Martindale - Brightwood, Indianapolis, IN
Property

Industrial

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$5.00/SF/YR
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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

$10.00/SF/YR
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Southport Crossing Building 2

7535 Company Drive, Sycamore Run, Indianapolis, IN
Property

Industrial

100,800 SF
Availability

1 Space

37,380 SF
Year Built

2008
For Lease

$8.50/SF/YR
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Hillsdale Building 1

6911-6999 Hillsdale Ct, Bayview, Indianapolis, IN
Property

Industrial

73,866 SF
Availability

3 Spaces

14,034 SF
Year Built

1986
For Lease Contact for pricing
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3250 N Post Road Bldg 300

3250 N Post Road Bldg 300, Franklin Heights, Indianapolis, IN
Property

Industrial

86,126 SF
Availability

4 Spaces

172,252 SF
Year Built

1987
For Lease Contact for pricing
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1401 South Keystone Avenue

1401 South Keystone Avenue, Bethel, Indianapolis, IN
Property

Industrial

137,246 SF
Availability

1 Space

139,364 SF
Year Built

1960
For Lease Contact for pricing
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Freestanding Industrial Building with Interstate Visibility

5621 Elmwood Ave, Beech Grove, Indianapolis, IN
Property

Industrial
Availability

1 Space

10,000 SF
For Lease Contact for pricing
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16th Street Commercial Park - 1645 Industry Dr

1645 Industry Dr, Windsor Village, Indianapolis, IN
Property

Industrial
Availability

1 Space

25,380 SF
For Lease Contact for pricing
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Brookville Crossing

1260 Interchange Way, Willow Lakes, Indianapolis, IN
Property

Industrial

32,000 SF
Availability

1 Space

6,000 SF
Year Built

2019
For Lease

$8.25/SF/YR
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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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Industrial Building with Outdoor Storage

3841 W Morris St, Drexel Gardens, Indianapolis, IN
Property

Industrial
Availability

1 Space

12,890 SF
For Lease Contact for pricing
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AmeriPlex 32

AmeriPlex 32, Ameriplex, Indianapolis, IN
Property

Industrial
Availability

1 Space

124,558 SF
Year Built

2022
For Lease Contact for pricing
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6751 E 30th St

6751 E 30th St, Arlington Woods, Indianapolis, IN
Property

Industrial

100,316 SF
Availability

2 Spaces

66,000 SF
Year Built

1998
For Lease Contact for pricing
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Park 100 Business Park - Building 49

8145 Zionsville Road, Park 100, Indianapolis, IN
Property

Industrial

89,600 SF
Availability

1 Space

12,800 SF
Year Built

1982
For Lease Contact for pricing
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Park 100 Building 6

5303-5331 W 86th Street, Park 100, Indianapolis, IN
Property

Industrial

43,630 SF
Availability

1 Space

6,300 SF
Year Built

1974
For Lease Contact for pricing
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Hillsdale Building 2

6835-6855 Hillsdale Ct, Bayview, Indianapolis, IN
Property

Industrial

83,600 SF
Availability

1 Space

13,100 SF
Year Built

1987
For Lease Contact for pricing
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Shadeland Business Center

3140-3192 Shadeland Avenue, Arlington Woods, Indianapolis, IN
Property

Industrial

90,135 SF
Availability

2 Spaces

13,160 SF
Year Built

1990
For Lease

$7.25/SF/YR
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Park 100 - Building 101

5840-5958 W 71st St, Park 100, Indianapolis, IN
Property

Industrial
Availability

1 Space

3,600 SF
Year Built

1982
For Lease Contact for pricing
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245 South Franklin Road

245 South Franklin Road, Bullman Home Place, Indianapolis, IN
Property

Industrial

118,850 SF
Availability

1 Space

118,850 SF
Year Built

2002
For Lease Contact for pricing
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Park Fletcher Building 13

5545 W Raymond St, Park Fletcher, Indianapolis, IN
Property

Industrial

32,040 SF
Availability

3 Spaces

7,217 SF
Year Built

1975
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 $8.11 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 $7 $14.5

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 33 671,288

Park Fletcher 20 196,135

Franklin Heights 16 512,864

Drexel Gardens 16 244,663

Bayview 12 93,833

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 128 warehouse space(s) listed for rent.

Manufacturing facilities generally feature high-power electrical outlets, specialized ventilation systems, and heavy-duty flooring.

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 35 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 128 12,271,432 6.24

Flex - Industrial 35 407,322

Flex - Office 9 76,657

Showroom - Industrial 7 43,778

General Office 3 16,278

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 180 listing(s) in that size range.

Warehouse space available for rent in Indianapolis ranges in size from 879 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

180

less than 100,000 sqft

100,000 sqft to 500,000 sqft

E-Commerce Growth Causes Industrial Development to Double in Last Decade

In the Midwest, Chicago dominated the list for delivered industrial space among our markets in every year except 2012, when it was surpassed by Indianapolis. Granted, Indy did experience considerable fluctuations in industrial deliveries, with dips in 2013, 2016 and 2019. Nevertheless, 8.3 million square feet of Indianapolis industrial space was delivered in 2020 and a further 11 million was completed in 2021, putting the metro ahead of all other industrial markets in the region.

Dallas Leads National Industrial Development for 3rd Year in a Row

Indianapolis had just under 27 million square feet of industrial space across 64 properties under construction at the beginning of 2022. Now, that figure is 15.7 million across fewer than 40 properties, thereby demonstrating a slowdown in new industrial developments.

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Warehouse and Industrial Spaces for Rent in Indianapolis, IN

5738 Wheeler Road

Corporate Center North - Building 4

Southport Crossing Building 2

Hillsdale Building 1

3250 N Post Road Bldg 300

1401 South Keystone Avenue

Freestanding Industrial Building with Interstate Visibility

16th Street Commercial Park - 1645 Industry Dr

Brookville Crossing

5343 Commerce Square Drive

Industrial Building with Outdoor Storage

AmeriPlex 32

6751 E 30th St

Park 100 Business Park - Building 49

Park 100 Building 6

Hillsdale Building 2

Shadeland Business Center

Park 100 - Building 101

245 South Franklin Road

Park Fletcher Building 13

Industrial Space Rents in Indianapolis, IN

Top Locations to Rent Industrial and Warehouse Space in Indianapolis, IN

Industrial Space Types You Can Rent in Indianapolis, IN

Average Size of Warehouse Space for Rent in Indianapolis, IN

Indianapolis, IN Warehouse Space for Rent, by Listing Size

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Indianapolis, IN in the news

E-Commerce Growth Causes Industrial Development to Double in Last Decade

Dallas Leads National Industrial Development for 3rd Year in a Row

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