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Industrial Flex Space

2490 N Rainbow Drive, Warsaw, IN 46582

For Lease
$24,000

COMMERCIAL FOR LEASE, Warsaw, IN

Space Size1,680 SF
Lot Size2.22 Acres
Days on Market94

Property Features for 2490 N Rainbow Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Directions 15 North to 250 E
Subdivision Kosciusko County
Standard status Active
APN 43-07-32-200-197.000-017
Lot size 2.22 Acres

Taxes and HOA fees

Tax Year 144
Tax Description 28-128-23 PTALLERRNFRCLSE32-33-6 2.22APER DEED
Tax Annual Amount 144
Legal Description 28-128-23 PTALLERRNFRCLSE32-33-6 2.22APER DEED

Building Details

Year built 2025
Flooring type Concrete
Roof type Metal
Listing Agency: McKinnies Realty, LLC Elkhart
Listed By: Jennea Schirr · License IN RB14043735
Added: Aug 8 Changed: Oct 2 Last Checked: Nov 9 at 3:06PM
MLS# 202632353

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Under construction on a 2.22-acre site, this 2025 industrial flex development offers clear-span metal units with concrete floors and overhead doors. Each unit measures approximately 24 by 70 feet, and multiple units may be combined for a larger footprint.

The property is at 2490 N Rainbow Drive in Warsaw, north of the city center. The site includes wide drive aisles and truck maneuvering space. Potential applications noted for the space include contractor operations, storage, distribution, light manufacturing, and recreational uses; recreational concepts are subject to zoning and approvals.

Key Highlights

  • Individual units are approximately 24' x 70' and can be combined
  • 2.22‑acre site at 2490 N Rainbow Drive, Warsaw, IN 46582
  • 2025 industrial flex development, currently under construction

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Furniture & Home Goods Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46582, IN

14,151
Population
7,064
Households
2
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
57.6 sq mi
ZIP Area
246
Density / Sq Mi
$67,161
Median Household Income
$43,031
Median Earnings
$1,085
Median Rent
$231,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Clear-span units are available individually or in combinations for flexible space requirements.
Where is this flex space located?
The property is located at 2490 N Rainbow Drive Warsaw, IN.
What is the lease rate?
The lease rate is $24,000.
What are key features of this property?
This property features: Individual units are approximately 24' x 70' and can be combined; 2.22‑acre site at 2490 N Rainbow Drive, Warsaw, IN 46582; 2025 industrial flex development, currently under construction
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