Industrial Warehouse Buildings for
For Lease
Contact for pricing
1775 N Sherman Dr, Indianapolis, IN 46218
Zoned I-3 and located on an IndyGo bus line near Interstate 70, with multiple warehouse spaces available.
Property Size1,800 SF - 7,200 SF
Lot Size33.95 Acres
Days on Market210
Property Features for 1775 N Sherman Dr
General Information
Standard status
Active
Size
1,800 SF - 7,200 SF
Net Rentable
1,800 SF
Lot size
33.95 Acres
Property subtype
INDUSTRIAL
Zoning
I-3
Lease Type
SF/yr
Space & Availability
Available Space
1,800-7,200 SF
Space Use
Industrial
Additional Details
Highway Access
Yes
Building Details
Buildings
10
Listing Agency:
Colliers
(317) 340-7982
Listed By:
Tony Hupp
(317) 340-7982
Source:
Moodyscre
Added: Jan 1
Changed: Jul 29
Last Checked: Jul 30 at 1:16PM
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 warehouse campus offers 10 industrial buildings on approximately 33.95 acres, with available leasing spaces ranging from 1,800 SF to 25,000 SF. Multiple suites are offered, including space sizes from 1,800 SF to 7,200 SF, making it suitable for a range of warehouse and light industrial storage needs.
The property is located at the corner of Sherman Drive and 16th Street on the near east side of Indianapolis, Indiana. The site is on an IndyGo bus line and is approximately 1.5 miles from Interstate 70. The property is zoned I-3.
Spaces are available within the existing warehouse buildings as part of a rental offering, supported by the campus-style layout across 10 industrial buildings.
The property is located at the corner of Sherman Drive and 16th Street on the near east side of Indianapolis, Indiana. The site is on an IndyGo bus line and is approximately 1.5 miles from Interstate 70. The property is zoned I-3.
Spaces are available within the existing warehouse buildings as part of a rental offering, supported by the campus-style layout across 10 industrial buildings.
Key Highlights
- 10 industrial buildings on ±33.95 acres
- Available warehouse spaces range from 1,800 SF to 25,000 SF
- Leasing spaces range from 1,800 SF to 7,200 SF
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$12.25 /SF/Yr
Avg Asking Price
$5.5–$43.42 /SF/Yr
Price Range
30,561 SF
Avg Space Size
This space is priced 10% below the average of $12.25 /SF/Yr.
Vacancy Rate% for Industrial in Indianapolis, IN
Questions? Ask Rey
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Similar Off Market Nearby
- COOLTEC Body Storage — 1775 N Sherman Dr # C, Indianapolis, IN 46218
Frequently Asked Questions
What type of property is this?
Warehouse - Zoned I-3 and located on an IndyGo bus line near Interstate 70, with multiple warehouse spaces available.
Where is this warehouse located?
The property is located at 1775 N Sherman Dr Indianapolis, IN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 10 industrial buildings on ±33.95 acres; Available warehouse spaces range from 1,800 SF to 25,000 SF; Leasing spaces range from 1,800 SF to 7,200 SF
