221 S Franklin Rd Indianapolis, IN

Spaces For Lease

at 221 S Franklin Rd Contact us

Listing office Colliers Show Phone

Listing date Nov 24, 2025

Source Moodyscre

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

Report an issue

---

Investment Insights

Based on property information with market context.

Available for lease is a total of 204,800 square feet of industrial space. Suite 100 offers 128,000 square feet, including 4,550 square feet of office space, 14 docks, and one 12’ x 14’ drive-in door. Suite 200 provides 76,800 square feet with build-to-suit office options and five docks. The property features 40’ x 40’ column spacing and a 24’ – 25’ clear height. It is equipped with ESFR fire protection, heavy power, and all city utilities. Zoned I-3, the property is located less than 1 mile from I-465. The estimated operating expenses for 2025 are $1.82 per square foot. The entire space is available for $3.95 per square foot on a NNN basis. Suite 100 can be combined with Suite 200 for a total of 204,800 square feet.

Key Highlights

• Total 204,800 SF Available, including Suite 100 (128,000 SF with 4,550 SF office) and Suite 200 (76,800 SF with BTS office)
• Less than 1 mile to I‑465, providing excellent transportation access
• 14 docks and 1 drive‑in (12’ x 14’) for Suite 100

Property Analytics

Property Profile Location Intelligence

Similar For Rent Nearby

• 

  $3,250/Mo

  Professional Office Suite with Reception

  Office suite with reception, eight private offices, a conference room, and private restroom, suited for professional or medical users.

  5150 E Stop 11 Road, Indianapolis, IN 46237

  View Details
• 

  $1,845/Mo

  Office Suite with Private Office

  Flexible office suite with open workspace, private office, kitchenette, and ADA-compliant restroom, available under NNN lease terms.

  5136 E Stop 11 Road, Indianapolis, IN 46237

  View Details
• 

  $3,500/Mo

  Standalone Single-Story Office Building

  Single-story office building with C-1 zoning and street frontage, supported by assigned parking and utilities.

  1101 N Shadeland Avenue, Indianapolis, IN 46219

  View Details
• 

  $1,840/Mo

  Medical Office Suite with Five Rooms

  Patient-friendly medical layout with reception, five exam/private rooms, private restroom, and secure file storage.

  5162 E Stop 11 Road, Indianapolis, IN 46237

  View Details
• 

  $4,000/Mo

  Restaurant and Bar Space with Patio

  Restaurant and bar buildout includes kitchen equipment, restrooms, and basement storage with a small patio and stage.

  3131 Shelby Street, Indianapolis, IN 46227

  View Details
• 

  $2,135/Mo

  Office Suite with Extensive Frontage

  2329 SF office suite with a lobby, reception, and flexible workspace layout in a C-4 professional setting.

  336 Washington Pointe Drive, Indianapolis, IN 46229

  View Details
• 

  $6,900/Mo

  Flexible Office and Education Facility

  A flexible building suited for office, educational, nonprofit, and religious uses, with fenced outdoor space and a detached garage.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $1,500/Mo

  Historic Retail/Office Lease Space

  Historic commercial building with updated infrastructure and flexible layouts, positioned directly across from Long's Bakery.

  2308 E Southport Road, Indianapolis, IN 46227

  View Details
• 

  $5,216-$15,473/Mo

  851-1,981 SF

  IN, Indianapolis - 50 S Meridian St

  50 7Th St, Unit 46204, Indianapolis, IN 46204

  View Details
• 

  $4,576-$12,466/Mo

  851-1,992 SF

  IN, Indianapolis - E 56th Street

  9105 56Th St, Unit 46216, Indianapolis, IN 46216

  View Details
• 

  $350/Mo

  Private Office Suite

  Private office suite in a well-maintained building with shared waiting area, restrooms, and parking.

  5170 Commerce Circle, Indianapolis, IN 46237

  View Details
• 

  $19 SF/Yr

  Flexible Office and Medical Suites

  Lease adaptable office suites in a well maintained setting with established medical and professional tenants.

  3834 S Emerson Avenue, Indianapolis, IN 46203

  View Details

Similar Off Market Nearby

• Just Add Water Boats — 234 S Franklin Rd, Indianapolis, IN 46219
• Public Storage — 8651 E Washington St, Indianapolis, IN 46219
• COWs of the Circle City — 361 s post rd, indianapolis, in 46219
• HOME CENTER WAREHOUSE — 8011 E Washington St, Indianapolis, IN 46219
• Jones Self Storage — 361 S Post Rd, Indianapolis, IN 46219

FAQs

What type of property is this?

Warehouse - Available industrial space with city utilities and highway access.

Where is this warehouse located?

The property is located at 221 S Franklin Rd Indianapolis, IN.

What are key features of this property?

This property features: Total 204,800 SF Available, including Suite 100 (128,000 SF with 4,550 SF office) and Suite 200 (76,800 SF with BTS office); Less than 1 mile to I‑465, providing excellent transportation access; 14 docks and 1 drive‑in (12’ x 14’) for Suite 100