Renovated Industrial Building Near
For Lease
Contact for pricing
1024 Western Dr, Indianapolis, IN 46241
19,304 SF industrial building with recent renovations near I-465.
Space Size19,304 SF
Days on Market653
Property Features for 1024 Western Dr
General Information
Standard status
Active
Size
19,304 SF
Property subtype
INDUSTRIAL
Spaces For Lease
at 1024 Western Dr Contact us- Floor
- 1
- Size
- 19,304 SF
- Type
- INDUSTRIAL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
1024 Western Dr
±19,304 SF Building
• ±2,950 SF Office
• 16’ Clear height
• 2 Drive-in...
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Listing Agency:
Colliers
(317) 713-2100
Listed By:
Korey Ryan
(765) 520-6662
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Sep 9
Last Checked: Sep 20 at 12:11PM
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 Colliers
Investment Insights
Based on property information with market context.
This industrial building offers approximately 19,304 square feet of space, including about 2,950 square feet of office area. The building features a 16-foot clear height and is situated on approximately 1.40 acres. It includes 2 drive-in doors, each measuring 12 feet by 14 feet, and 1 interior dock door. The property is zoned I-2. Recent interior and exterior renovations have been completed. Located approximately 1.5 miles from I-465, the property provides connectivity to Indianapolis' interstate system. It is adjacent to the Indianapolis International Airport.
Key Highlights
- Excellent connectivity to Indianapolis’ interstate systems via I‑465 (1.5 miles away).
- Recently completed interior and exterior renovations.
- ±19,304 SF Building size.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$10.29 /SF/Yr
Avg Asking Price
$6–$15 /SF/Yr
Price Range
41,574 SF
Avg Space Size
Vacancy Rate% for Industrial in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Warehouse - 19,304 SF industrial building with recent renovations near I-465.
Where is this warehouse located?
The property is located at 1024 Western Dr Indianapolis, IN.
What are key features of this property?
This property features: Excellent connectivity to Indianapolis’ interstate systems via I‑465 (1.5 miles away).; Recently completed interior and exterior renovations.; ±19,304 SF Building size.
