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Flexible Industrial Space
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123 North Pine Street, Indianapolis, IN 46202

Industrial suites support storage, distribution, light manufacturing, and service-oriented operations near Downtown Indianapolis.

Space Size16,235 SF
Days on Market11

Property Features for 123 North Pine Street

General Information

Standard status Active
Size 16,235 SF
Property subtype Industrial

Additional Details

Space Use Industrial

Spaces For Lease

at 123 North Pine Street Contact us

Space 1

Size
16,235 SF
Availability
Active
Contact us
Listing Agency: Coombes Real Estate
Listed By: Robert Coombes · License #RB17000978
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 20 at 9:01AM

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 Coombes Real Estate

Investment Insights

Based on property information with market context.

Flexible industrial space is available at 123 North Pine Street in Indianapolis, with suite configurations designed to accommodate a range of operational requirements. The property supports storage, distribution, light manufacturing, and service-based industrial uses.

Its position near Downtown Indianapolis provides an urban setting for industrial users seeking access to the central business area. Suite sizes can be adjusted to suit different space needs.

Key Highlights

  • Flexible suite sizes for varied operational requirements
  • Supports storage and distribution uses
  • Suitable for light manufacturing

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Electrical Service 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

1,915
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.78 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
10,036 SF
Avg Space Size

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
Rey
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Similar Off Market Nearby

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  • Nameless Catering 115 N Park Ave, Indianapolis, IN 46202
  • Universal Catering 1201 E New York St, Indianapolis, IN 46202
  • Centerplate 520 N New Jersey St, Indianapolis, IN 46204

Frequently Asked Questions

What type of property is this?
Flex space - Industrial suites support storage, distribution, light manufacturing, and service-oriented operations near Downtown Indianapolis.
Where is this flex space located?
The property is located at 123 North Pine Street Indianapolis, IN.
What are key features of this property?
This property features: Flexible suite sizes for varied operational requirements; Supports storage and distribution uses; Suitable for light manufacturing
More about this property
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