Sheridan, IN Flex space for Rent & Lease

Updated: Jul 29

Flex Space with Overhead Door

3850 W State Road 38 Suite #3, Sheridan, IN 46069

$4,500/Mo

7,200 sqft

7,200 square feet of flex space
14‑foot overhead door for equipment and material access
Additional outdoor storage is available
Open interior with good lighting
2000‑built property

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Updated: Mar 5

Industrial Space Near Eli Lilly

830 Wesco Parkway, Sheridan, IN 46069

$16.25 SF/Yr

6,000 sqft

6,000 SF industrial warehouse with 536 SF office space (Available April 2026)
Convenient access to I‑65 & US 31, near the new Eli Lilly Lebanon campus
10‑year tax abatement in place
Benefit from 17.2’ clear height
Features a 12’ x 14’ overhead door

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Sheridan, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 1 Properties for Sales.

Flex space for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Connected-Suite Flex Space

1044-1046 Summit Drive, Carmel, IN 46032

$16 SF/Yr

3,750 sqft

Combined office and warehouse layout includes private offices, meeting rooms, restrooms, and drive-in loading.

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Renovated Flex Space

209 E 175th St, Westfield, IN 46074

$25 SF/Yr

6,300 sqft

Office configuration includes a kitchenette, breakroom, garage, and unfinished warehouse area.

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Class A Office Units with Drive-In Door

4611 Lisborn Dr, Carmel, IN 46033

Contact for pricing

6,600 sqft

New Class A office units with a custom drive-in door, second-floor mezzanine, and at-your-door parking.

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Renovated Flex Space with Warehouse

209 E 175th Street, Westfield, IN 46074

$25 SF/Yr

1.56 AC lot

Office areas, a kitchenette, garage, and unfinished open space support a flexible commercial layout.

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Similar Spaces for Sale in Sheridan, IN

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

Industrial Flex Building with Warehouse

3893 W State Road 47, Sheridan, IN 46069

$2,195,000

12,695 sqft

Turnkey flex facility features conditioned office space and a warehouse with 17-foot ceilings and three drive-in doors.

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Sheridan, IN Flex space Lease Rates & Market Statistics

Browse 2 Flex space listings for lease in Sheridan, IN on Realmo, a commercial real estate marketplace serving the Sheridan area. The current inventory totals 13,200 square feet of properties.

Flex space lease rates in Sheridan range from $7.50 SF/Yr at the entry level to $16.25 SF/Yr at the top of the market, averaging $11.88 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11.88 SF/Yr is 6% below the Indiana state average of $12.61 SF/Yr.

Sheridan accounts for 5% of the 43 flex space listings currently available across Hamilton County, where nearby markets include Indianapolis and Westfield. Flex space is one of the more limited space types in Sheridan, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.