Industrial Flex Space with
New
For Lease
$17,090/Mo
1340 Terminal Rd, Indianapolis, IN 46217
Heavy-industrial zoning supports maintenance, repair, contractor, and equipment-service operations with secured outdoor storage.
Space Size17,090 SF
Lot Size3.88 Acres
Days on Market3
Property Features for 1340 Terminal Rd
General Information
Standard status
Active
Size
17,090 SF
Net Rentable
17,090 SF
Lot size
3.88 Acres
Property subtype
Industrial
Zoning
I-3
Space & Availability
Available Space
17,090 SF
Contiguous Space
17,090 SF
Space Use
Industrial
Available From
2026-09-01
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
19 ft
Office Build-Out
2,638 SF
Drive-In Doors
12
Three-Phase Power
Yes
Building Details
Building Size
17,090 SF
Listing Agency:
Indianapolis
(317) 713-2160
Listed By:
Korey Ryan
(317) 713-2160
Source:
Colliers
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 6:50AM
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 Indianapolis
Investment Insights
Based on property information with market context.
This industrial flex property offers approximately 17,090 square feet on approximately 3.88 acres, configured for heavy maintenance, fleet service, equipment repair, and contractor operations. The facility includes multiple drive-through bays, 12 oversized drive-in doors, two 3-ton bridge cranes, trench drains, and secured outdoor storage. Approximately 2,638 square feet is dedicated to office space, while 18'-19' clear heights, three-phase electrical service, and an oil-water separator support industrial use.
Zoned I-3 for heavy-industrial applications, the property is approximately 0.5 mile from I-465, providing access across the Indianapolis metropolitan area and the regional interstate network. The facility is scheduled to become available September 1, 2026.
Zoned I-3 for heavy-industrial applications, the property is approximately 0.5 mile from I-465, providing access across the Indianapolis metropolitan area and the regional interstate network. The facility is scheduled to become available September 1, 2026.
Key Highlights
- ±17,090‑square‑foot industrial facility on ±3.88 acres
- 12 oversized drive‑in doors with multiple drive‑through bays
- Two 3‑ton bridge cranes, trench drains, and an oil‑water separator
Property Analytics
Current Use
Lease Details
19 ft
Clear height
12
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46217, IN
34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$22.17 /SF/Yr
Avg Asking Price
$8–$95.52 /SF/Yr
Price Range
17,040 SF
Avg Space Size
This space is priced 46% below the average of $22.17 /SF/Yr.
Properties on Market for Flex space in Indianapolis
Vacancy Rate% for Industrial in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heavy-industrial zoning supports maintenance, repair, contractor, and equipment-service operations with secured outdoor storage.
Where is this flex space located?
The property is located at 1340 Terminal Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $17,090 /Mo.
What are key features of this property?
This property features: ±17,090‑square‑foot industrial facility on ±3.88 acres; 12 oversized drive‑in doors with multiple drive‑through bays; Two 3‑ton bridge cranes, trench drains, and an oil‑water separator
