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Freestanding Industrial Building
For Lease
$8 SF/Yr

115 North 2nd Avenue, Beech Grove, IN 46107

Freestanding industrial building with fully climate-controlled warehouse, heavy 3-phase power, and outdoor storage permitted under C7 zoning.

Space Size11,754 SF
Days on Market115

Property Features for 115 North 2nd Avenue

General Information

Standard status Active
Size 11,754 SF
Total Parking Spaces 24
Property subtype Industrial
Zoning C7
Lease Term NNN

Additional Details

Highway Access Yes
Heavy Power Yes
Office Units 6

Building Details

Building Size 11,754 SF
Year Renovated 2025

Spaces For Lease

at 115 North 2nd Avenue Contact us

115 N 2nd Ave $8/SF/Yr

Size
11,754 SF
Term
Negotiable
Contact us
Listing Agency: SVN | Northern Commercial
Listed By: Wade Wilson · License #IN #RB20000720
Source: Svn
Added: May 14 Changed: Aug 21 Last Checked: Sep 4 at 3:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Northern Commercial

Investment Insights

Based on property information with market context.

A +/- 12,000 SF freestanding industrial building built for flexible operations, featuring a fully climate-controlled warehouse with two separate warehouse bays and a layout that includes ample office buildout. The office area is arranged with six offices, a breakroom, and three bathrooms. The property also offers heavy 3-phase 400-amp power and outdoor storage permitted under C7 zoning.

Recent capital improvements include a new roof in 2021, furnace replacement in 2024, and an updated parking lot in 2025. On-site parking is available, with approximately 24 parking spaces. The location provides connectivity to I-465, I-65, and downtown Indianapolis.

Key Highlights

  • +/- 12,000 SF freestanding industrial building for lease in Beech Grove with flexible layout and two separate warehouse bays
  • C7 zoning permits outdoor storage; heavy‑duty utility setup with heavy 3‑phase 400amp power
  • Fully climate‑controlled warehouse for year‑round use

Property Analytics

Current Use

AADCO Inc. Security Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Bakery Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46107, IN

12,994
Population
5,755
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
3,938
Density / Sq Mi
$57,377
Median Household Income
$42,155
Median Earnings
$1,051
Median Rent
$166,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • SecurCare Self Storage 4005 S Emerson Ave, Indianapolis, IN 46203
  • Nick's Packing And Storage 517 Main St, Beech Grove, IN 46107

Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding industrial building with fully climate-controlled warehouse, heavy 3-phase power, and outdoor storage permitted under C7 zoning.
Where is this warehouse located?
The property is located at 115 North 2nd Avenue Beech Grove, IN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: +/- 12,000 SF freestanding industrial building for lease in Beech Grove with flexible layout and two separate warehouse bays; C7 zoning permits outdoor storage; heavy‑duty utility setup with heavy 3‑phase 400amp power; Fully climate‑controlled warehouse for year‑round use
More about this property
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