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Renovated Multi-Tenant Warehouse
New
For Lease
$9 SF/Yr CAM $2.00 /USD/SF/YR

3031 South Holt Road, Indianapolis, IN 46221

C-5 zoning supports warehouse, distribution, flex, automotive, service, and showroom uses.

Space Size5,000 SF
Property Size10,000 SF
Days on Market5

Property Features for 3031 South Holt Road

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype Industrial
Zoning C-5
Occupancy 50%
Lease Type NNN
Lease Term MG

Space & Availability

Available Space 5,000 SF
Space Use Industrial

Lease Terms

Lease Rate $9 /USD/SF/YR
Monthly Rent $3,750
Rent per SF/Year $9
CAM $2.00 /USD/SF/YR

Additional Details

Highway Access Yes

Building Details

Building Size 10,000 SF
Tenancy Multi

Spaces For Lease

at 3031 South Holt Road Contact us

3031 S Holt Rd $9/SF/Yr

Size
5,000 SF
Type
Industrial - Automotive
Term
Negotiable
Contact us
Listing Agency: SVN | Northern Commercial
Listed By: Nick O'Patterson · License #IN #RB25000914
Source: Svn
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 28 at 7:17PM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

This renovated 10,000 SF warehouse is configured as a multi-tenant industrial property and is currently 50% occupied. The building supports a range of commercial and light industrial applications, with C-5 zoning designated for Thoroughfare Service. Automotive, warehouse, distribution, flex, contractor, service, and showroom uses are identified in the property information.

Located at 3031 South Holt Road, the property provides access to Interstate 70, Interstate 465, and Indianapolis International Airport. It is also positioned near the AmeriPlex at Indianapolis industrial corridor, with nearby concentrations of industrial and commercial businesses. One 5,000 SF tenancy is leased through 7/31/2030.

Key Highlights

  • Renovated 10,000 SF multi‑tenant warehouse
  • 50% current occupancy
  • C‑5 zoning for Thoroughfare Service uses

Property Analytics

Current Use

Aaron's Auto and Tire ... Auto Repair Shop

Suggested Use

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

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

50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.47 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
40,468 SF
Avg Space Size

This space is priced 22% below the average of $11.47 /SF/Yr.

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 - C-5 zoning supports warehouse, distribution, flex, automotive, service, and showroom uses.
Where is this warehouse located?
The property is located at 3031 South Holt Road Indianapolis, IN.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Renovated 10,000 SF multi‑tenant warehouse; 50% current occupancy; C‑5 zoning for Thoroughfare Service uses
More about this property
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