Freestanding Flex Industrial
8720 Robbins Road Indianapolis, IN 46268
For Sale
$1,800,000
Freestanding, fully climate-controlled and sprinkled flex building with fenced parking/storage and I-4 outdoor storage zoning.
Property Size12,000 SF
Price / SF$150
Days on Market37
Property Features for 8720 Robbins Road
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Industrial - Warehouse/Distribution
Building Details
Year Built
1973
Listing Agency:
SVN | Northern Commercial
(317) 863-9271
Listed By:
Wade Wilson · License ##RB20000720
Source:
Commercialcafe
Added: Jun 23
Changed: Jul 21
Last Checked: Jul 29 at 4:28AM
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 SVN | Northern Commercial
Investment Insights
Based on property information with market context.
Available for sale in Park 100, this +/- 12,000 SF freestanding flex industrial building offers fully climate-controlled interiors with a sprinkler system and motion sensor LED lighting throughout. The property also includes fenced parking/storage areas on site.
The site is described as having excellent connectivity to 86th Street and Highway I-465 +/- . Zoning is in place for outdoor storage under I-4.
As presented, the building is positioned to support operations that require both conditioned warehouse or flex space and on-site fenced areas for parking or storage, with lighting designed for efficient after-hours use.
The site is described as having excellent connectivity to 86th Street and Highway I-465 +/- . Zoning is in place for outdoor storage under I-4.
As presented, the building is positioned to support operations that require both conditioned warehouse or flex space and on-site fenced areas for parking or storage, with lighting designed for efficient after-hours use.
Key Highlights
- Approximately 12,000 SF freestanding flex industrial building in Park 100
- Fully climate‑controlled and sprinkled building with motion sensor LED lighting throughout
- Zoned for outdoor storage (I‑4) with fenced parking/storage on site
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.6k | $16.80 |
| − Vacancy | −$20.2k | −$1.68 |
| EGI | $181.4k | $15.12 |
| − OpEx | −$63.5k | −$5.29 |
| NOI | $117.9k | $9.83 |
12,000 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.68M
$1.47M – $1.97M
NOI $117,936 @ 7.0% cap · market cap 6.55%
Second Best
Warehouse
$1.04M
$908.0K – $1.21M
NOI $72,638 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$2.99M
$2.61M – $3.48M
NOI $209,088 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Midday Deli & Catering — 5501 W 86th St, Indianapolis, IN 46268
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding, fully climate-controlled and sprinkled flex building with fenced parking/storage and I-4 outdoor storage zoning.
Where is this flex space located?
The property is located at 8720 Robbins Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 12,000 SF freestanding flex industrial building in Park 100; Fully climate‑controlled and sprinkled building with motion sensor LED lighting throughout; Zoned for outdoor storage (I‑4) with fenced parking/storage on site
