Building Details

Year Built 2008

Year Renovated 2015

Buildings 1

Listing Agency: Colliers - Indianapolis, Indiana

Listed By: Andrew Urban · License #IN RB15001010 Show Phone

Source: Crexi

Added: May 28 Changed: Sep 8 Last Checked: Sep 9 at 7:30AM

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Investment Insights

Based on property information with market context.

This headquarters-scale flex campus combines office, warehouse, and design-center components in a single setting. The offering totals approximately 189,000 square feet and includes a roughly 130,000-square-foot air-conditioned warehouse with clear-span space. The property was originally developed as a corporate headquarters and design center, and the layout is described as offering flexibility to convert space between office and industrial use as operational needs change.

Located at 12420 Stonebridge Rd in Roanoke, the campus is positioned in a manufacturing corridor, with access to power infrastructure referenced in the property materials. The surroundings support both industrial and technology-oriented users, and the campus configuration is described as capable of working as either a single-user headquarters or as multiple spaces for demising.

For tenants and buyers seeking a single campus that can support both office functions and warehouse operations, the combination of high-end office buildout and a large, air-conditioned clear-span warehouse may simplify space planning. The stated conversion optionality between office and industrial use can also support teams that evolve over time, including advanced manufacturing, technology, R&D, or other mission-critical requirements that need a coordinated campus environment.

Key Highlights

• Headquarters‑scale campus totaling approximately 189,000 SF built in 2008
• Includes an air‑conditioned warehouse of approximately 130,000 SF with clear‑span space
• Flexible layout combining office, warehouse, and design campus space

Property Analytics

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Current Use

Vera Bradley Corporate ... Corporate Office

Suggested Use

Top Pick Parking Lot & Garage Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46783, IN

7,521

Population

3,140

Households

2.4

Avg Household Size

42

Median Age

39%

College-Educated

96%

High-School Grad

60.9 sq mi

ZIP Area

123

Density / Sq Mi

$98,679

Median Household Income

$54,719

Median Earnings

$861

Median Rent

$283,300

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Headquarters-scale campus combining air-conditioned warehouse space and high-end office buildout for flexible operations.

Where is this flex space located?

The property is located at 12420 Stonebridge Rd Roanoke, IN.

What is the asking price?

The asking price for this property is $16,950,000.

What are key features of this property?

This property features: Headquarters‑scale campus totaling approximately 189,000 SF built in 2008; Includes an air‑conditioned warehouse of approximately 130,000 SF with clear‑span space; Flexible layout combining office, warehouse, and design campus space