Industrial Property for Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Indianapolis, IN
  • Size: 40,800 SF
  • Year built: 1998

Description

Market Context

This industrial in Indianapolis, IN is listed for lease across 40,800 SF. The building dates to 1998. It has been on the market for 68 days. Compare it against other industrial listings for lease in Indianapolis, IN — <a href="/search/lease/industrial/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis industrial market showed a 7.0% vacancy rate, average asking rents near $6.35/SF/yr, and cap rates around 6.1%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Indianapolis?
About 6.1% as of Q1 2026, per Consensus.
Is the Indianapolis industrial market tightening or softening?
Vacancy is around 7.0% (Q1 2026).

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