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Heavy Industrial Warehouse with Office
For Lease
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2200 S Tibbs Ave, Indianapolis, IN 46241

Functional warehouse with attached office space and a secured paved outdoor storage yard on 3.21 acres.

Space Size47,687 SF
Lot Size3.21 Acres
Days on Market134

Property Features for 2200 S Tibbs Ave

General Information

Standard status Active
Size 47,687 SF
Lot size 3.21 Acres
Property subtype Industrial

Additional Details

Fenced Yard Yes

Building Details

Building Size 47,687 SF
Year Built 1949
Tenancy Single

Spaces For Lease

at 2200 S Tibbs Ave Contact us

2200 S Tibbs Ave

Size
47,687 SF
Availability
Active
Contact us
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Korey Ryan · License #IN RB17001639
Source: Crexi
Added: Apr 27 Changed: Sep 5 Last Checked: Sep 4 at 11:07PM

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 - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This heavy industrial facility includes a 47,687 SF building with a strong warehouse-to-office layout, offering 45,235 SF of warehouse space and 2,457 SF of office area. The property is supported by secured, paved outdoor storage (IOS) that is directly integrated with the building footprint, creating a controlled, efficient area for staging, circulation, and storage.

Located at 2200 S Tibbs Ave in Indianapolis, the combined indoor warehouse operations and the controlled outdoor yard are designed to reduce reliance on off-site space while keeping day-to-day workflows under one roof-and-yard footprint.

Key Highlights

  • 47,687 SF heavy industrial building built in 1949 with 45,235 SF warehouse and 2,457 SF office
  • Secured, paved outdoor storage yard directly integrated with the building footprint
  • 3.21‑acre site with a warehouse‑to‑office ratio supporting combined indoor warehouse and controlled yard operations

Property Analytics

Current Use

Mygrant Glass Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office 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

Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.33 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
41,552 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Functional warehouse with attached office space and a secured paved outdoor storage yard on 3.21 acres.
Where is this warehouse located?
The property is located at 2200 S Tibbs Ave Indianapolis, IN.
What are key features of this property?
This property features: 47,687 SF heavy industrial building built in 1949 with 45,235 SF warehouse and 2,457 SF office; Secured, paved outdoor storage yard directly integrated with the building footprint; 3.21‑acre site with a warehouse‑to‑office ratio supporting combined indoor warehouse and controlled yard operations
More about this property
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