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Decatur Boulevard Warehouse Space Available
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5345 Decatur Boulevard, Indianapolis, IN 46241

111,296 SF warehouse with AC and ample parking.

Space SizeContact for details
Days on Market256

Property Features for 5345 Decatur Boulevard

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Indianapolis
Listed By: Chris Black
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 4 at 9:03AM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This property offers 111,296 square feet of warehouse space, complemented by 5,750 square feet of office area. The warehouse is equipped with air conditioning throughout. Loading and unloading are facilitated by 18 dock doors, including 12 fenced dock doors, and a single drive-in door. The interior layout features 40’ x 48’ interior bays and 48’ x 50’ staging bays. There are 109 auto parking spaces available, along with approximately 13 fenced trailer spaces. The property is available via sublease through April 30, 2028.

Key Highlights

  • +111,296 SF Warehouse Space
  • Sublease through 4.30.2028
  • Features +5,750 SF of Office Space

Property Analytics

Current Use

Rolls-Royce Banded Stator ... Industrial Manufacturer Ingram Micro (ITAD) Warehouse

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Auto Parts Store Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.48 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
35,861 SF
Avg Space Size

Properties on Market for Warehouses in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
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Similar Off Market Nearby

  • Two Men and a Truck Moving and Storage 5777 Decatur Blvd Suite 300, Indianapolis, IN 46241

Frequently Asked Questions

What type of property is this?
Warehouse - 111,296 SF warehouse with AC and ample parking.
Where is this warehouse located?
The property is located at 5345 Decatur Boulevard Indianapolis, IN.
What are key features of this property?
This property features: +111,296 SF Warehouse Space; Sublease through 4.30.2028; Features +5,750 SF of Office Space
More about this property
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