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Distribution Center Near I-65 Access
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650 Commerce Parkway East Drive, Greenwood, IN 46143

235,000 SF distribution facility with immediate I-65 access.

Space SizeContact for details
Days on Market272

Property Features for 650 Commerce Parkway East Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Indianapolis
Listed By: Andrew Morris
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 20 at 12:54PM

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 235,000 square foot distribution facility is located in the South submarket of Indianapolis. It offers immediate access to I-65 via modern infrastructure. The location provides access to a labor pool.

Key Highlights

  • Immediate access to I‑65.
  • Located in the highly desirable South submarket of Indianapolis.
  • Latest in distribution center design.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Auto Parts Store Building Supply Pharmacy Storage Facility Furniture & Home Goods Hair Salon

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

248
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
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
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Frequently Asked Questions

What type of property is this?
Distribution center - 235,000 SF distribution facility with immediate I-65 access.
Where is this distribution center located?
The property is located at 650 Commerce Parkway East Drive Greenwood, IN.
What are key features of this property?
This property features: Immediate access to I‑65.; Located in the highly desirable South submarket of Indianapolis.; Latest in distribution center design.
More about this property
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