Indianapolis, IN Warehouse and Industrial Space for Rent - 205 Listings

Search industrial and warehouse property for lease and view the Market Overview section below for local stats and insight.

Infill Freestanding Building with Outdoor Storage & Rail Potential

1950 Stout Field W Dr, Drexel Gardens, Indianapolis, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 44,100 SF
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311 South Alabama Street

311 South Alabama Street, Fletcher Place, Indianapolis, IN
Space Type

Industrial
For Lease Contact for pricing

2 spaces available / 13,000 - 27,000 SF
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±47,687 SF Industrial Facility with Secured IOS | Prime West Indy Location

2200 S Tibbs Ave, Morris Park, Indianapolis, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 47,687 SF
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Brookville Business Park - Building 4

1350 Brookville Way, Glenroy Village, Indianapolis, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 38,460 SF
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Commerce Park - Building 7

8727 Commerce Park Place, College Park, Indianapolis, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 15,504 SF
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Understanding Warehouse and Industrial Listing Rents in Indianapolis, IN

In Indianapolis, the average asking rent for industrial space is $8.8 per square foot. However, leasing costs can vary significantly due to various factors, such as location, property size, and quality rating.

For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.

Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.

Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.

Breakdown of Industrial Buildings in Indianapolis, IN by Year Built

Before 1950 126
1950 - 2000 894
After 2000 174

The data was provided by Yardi Research Data and refers to industrial properties larger than 25,000 square feet.

Breakdown of Industrial Space in Indianapolis, IN by Year Built

Before 1950 17,435,995 Sq.Ft.
1950 - 2000 95,170,916 Sq.Ft.
After 2000 33,405,085 Sq.Ft.

Breakdown of Indianapolis, IN Industrial Space Rents by Building Class

Property Class Min. Rental Rate Max. Rental Rate

Class B Industrial Properties $8.25 $9.28

Class C Industrial Properties $8 $13.5

When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.

The Indianapolis, IN Industrial Real Estate Market at a Glance

Industrial real estate in Indianapolis includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.

In Indianapolis, the most common industrial property type on the leasing market is Warehouse/Distribution. Currently, you can find 116 such listing(s) in Indianapolis. Listing sizes for this property type start at 2,000 square feet.

The local market is also home to 35 Flex - Industrial listing(s), offering spaces starting at 1,100 square feet.

You will also find Flex - Office space here — 8 listing(s). Listing sizes in this category start at 3,632 square feet.

Breakdown of Indianapolis, IN Industrial Space for Rent by Use Type

Use Type No. of Listings Total Sq.Ft.

Warehouse/Distribution 116 14,350,910

Flex - Industrial 35 371,296

Flex - Office 8 84,297

Manufacturing 3 248,910

Showroom - Industrial 3 13,831

Where You Are Most Likely to Find Industrial Listings in Indianapolis, IN

Similarly to office and retail properties, industrial real estate developments tend to be zoned together, for several reasons that have to do with both benefits to the surrounding communities and benefits to the businesses using the space. In Indianapolis, you will find the highest number of industrial space listings in Park 100. Use filters at the top of the page to focus on the space or the property size you need, and navigate the interactive map to identify the best location for your business.

Top Indianapolis, IN Neighborhoods for Industrial Leasing Opportunities

Neighborhood No. of Listings Total Listings Sq. Ft.

Park 100 40 N/A

Park Fletcher 12 N/A

Drexel Gardens 11 N/A

Arlington Woods 11 N/A

Ameriplex 9 N/A

Finding Industrial and Warehouse Space to Lease Near Me

Trying to find the best industrial space near you for your business needs? PropertyShark is a great platform to find available industrial spaces in your area and makes finding the right home for your company easy. You can quickly filter your search by space or property size, price, or location with the search menu at the top of the page. Additionally, you can use the interactive map search modes to explore the best locations for industrial space in each market of interest. What’s more, you can conveniently reach out to listing brokers for more information about any of the properties that caught your eye, as well as the particularities of their surroundings.

Indianapolis, IN Warehouse and Industrial Space for Rent - 205 Listings

Infill Freestanding Building with Outdoor Storage & Rail Potential

311 South Alabama Street

±47,687 SF Industrial Facility with Secured IOS | Prime West Indy Location

Brookville Business Park - Building 4

Commerce Park - Building 7

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