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Warehouse Space with Dock & Drive-In
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3131 N Franklin Road, Indianapolis, IN 46226

Up to 93,600 SF contiguous available in a dock-and-drive-in warehouse with 20–24' clear height.

Space Size42,736 SF - 86,400 SF
Property Size488,692 SF
Days on Market41

Property Features for 3131 N Franklin Road

General Information

Standard status Active
Size 42,736 SF - 86,400 SF
Property subtype Industrial - Warehouse/Distribution
Zoning I-2 & I-4

Warehouse & Industrial

Clear Height 24 ft
Sprinkler System Yes

Building Details

Building Size 488,692 SF
Year Built 1967
Units 8

Spaces For Lease

at 3131 N Franklin Road Contact us

C $5.50/SF/Yr

Floor
1
Size
42,736 SF
Type
Manufacturing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

C-1 $5.50/SF/Yr

Floor
1
Size
42,736 SF
Type
Manufacturing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

E $4.95/SF/Yr

Floor
1
Size
86,400 SF
Type
Manufacturing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

A $4.95/SF/Yr

Size
80,179 SF
Type
Manufacturing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Sealy & Company
Listed By: William B. Shagets · License #547454
Source: Commercialcafe
Added: Jul 25 Changed: Sep 3 Last Checked: Sep 2 at 2:00PM

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 Sealy & Company

Investment Insights

Based on property information with market context.

A large-format warehouse building offering up to 180,000 SF of available space, with up to 93,600 SF contiguous. The facility includes dock and drive-in loading, with clear height ranging from 20 to 24 feet. A wet sprinkler system is in place.

The property is zoned I-2 and I-4, supporting industrial use. This space is located at 3131 N Franklin Rd, Indianapolis, IN 46226.

Key Highlights

  • 486,634 SF total building with up to 180,000 SF available
  • Up to 93,600 SF contiguous space available
  • Dock and drive‑in loading

Property Analytics

Current Use

Flowers Baking Co Bakery Abrasive Products LLC Mill Corken Steel Products ... Big Box & Wholesale Store DZ Investments LLC Metal Fabrication Plant Lester Sales Company Industrial Manufacturer

Suggested Use

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

24 ft
Clear height
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
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 - Up to 93,600 SF contiguous available in a dock-and-drive-in warehouse with 20–24' clear height.
Where is this warehouse located?
The property is located at 3131 N Franklin Road Indianapolis, IN.
What are key features of this property?
This property features: 486,634 SF total building with up to 180,000 SF available; Up to 93,600 SF contiguous space available; Dock and drive‑in loading
More about this property
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