Indianapolis Warehouse with Income
2855 N Franklin Rd Indianapolis, IN 46219
For Sale
Contact for pricing
323,001 SF warehouse on 33.1 acres, 87% leased.
Property Size323,001 SF
Lot Size17.18 Acres
Days on Market330
Property Features for 2855 N Franklin Rd
General Information
Standard status
Active
Size
323,001 SF
Lot size
17.18 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 2855 N Franklin Rd Contact us
Listing Agency:
Colliers
(317) 556-3676
Listed By:
Alex Davenport · License #RB14046182
(317) 556-3676
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:47AM
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.
Located on the eastside of Indianapolis, 20 minutes east of Downtown Indianapolis, the property at 2855 N Franklin Road offers 323,001 square feet of warehouse and office space on 33.1 acres. Zoned I-3, the property is currently 87.14% leased to six established tenants, with a weighted average lease term (WALT) of 6.09 years. The property features 20 dock doors, 7 drive-in doors, and 642 auto parking spaces. In-place rents currently average 25% below market. This property is suitable for investors seeking entry into the Indianapolis market or aiming to expand an existing portfolio. The asset is strategically positioned for both value appreciation and income growth.
Key Highlights
- Significant value‑add opportunity with in‑place rents averaging 25% below market.
- Stable, long‑term income with 87.14% occupancy and a weighted average lease term (WALT) of 6.09 years.
- Large industrial property featuring 323,001 square feet of warehouse and office space on 33.1 acres.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - 323,001 SF warehouse on 33.1 acres, 87% leased.
Where is this industrial property located?
The property is located at 2855 N Franklin Rd Indianapolis, IN.
What are key features of this property?
This property features: Significant value‑add opportunity with in‑place rents averaging 25% below market.; Stable, long‑term income with 87.14% occupancy and a weighted average lease term (WALT) of 6.09 years.; Large industrial property featuring 323,001 square feet of warehouse and office space on 33.1 acres.
