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Single-Tenant Industrial Building
For Lease
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339 N State Ave, Indianapolis, IN 46201

The property includes land designated for future expansion.

Space Size8,398 SF
Days on Market134

Property Features for 339 N State Ave

General Information

Standard status Active
Size 8,398 SF
Net Rentable 8,398 SF
Property subtype Industrial
Lease Type Modified Gross

Space & Availability

Available Space 8,398 SF
Contiguous Space 8,398 SF
Space Use Flex

Building Details

Building Size 8,398 SF
Tenancy Single

Spaces For Lease

at 339 N State Ave Contact us

1728 E New York Street $10/SF/Yr

Size
8,398 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Avison Young - Indianapolis
Listed By: Steve Schaub · License #IN RB14039553
Source: Crexi
Added: Apr 20 Changed: Aug 30 Last Checked: Aug 30 at 6:05AM

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 Avison Young - Indianapolis

Investment Insights

Based on property information with market context.

This industrial property contains an 8,398-square-foot building configured for a single occupant. Additional land is included for future expansion. The property is located at 339 N State Ave in Indianapolis, Indiana 46201.

Key Highlights

  • 8,398‑square‑foot industrial building
  • Configured for a single tenant
  • Includes land for future expansion

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Bakery Acupuncture Tech Support Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,201
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.16 /SF/Yr
Avg Asking Price
$7–$95.52 /SF/Yr
Price Range
32,388 SF
Avg Space Size

This space is priced 48% below the average of $19.16 /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?
Industrial property - The property includes land designated for future expansion.
Where is this industrial property located?
The property is located at 339 N State Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 8,398‑square‑foot industrial building; Configured for a single tenant; Includes land for future expansion
(317) 210-8805 Call to check price and availability
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