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Divisible Flex Space with Drive-In Doors
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3838 N Illinois St, Indianapolis, IN 46208

C4-zoned flex space divisible into three units with two drive-in doors and 3-phase power.

Property Size3,240 SF
Lot Size0.28 Acres
Days on Market96

Property Features for 3838 N Illinois St

General Information

Standard status Active
Size 3,240 SF
Lot size 0.28 Acres
Property subtype FLEX_R_AND_D
Zoning C4

Warehouse & Industrial

Drive-In Doors 2
Three-Phase Power Yes

Additional Details

Divisible Yes

Building Details

Building Size 8,820 SF
Listing Agency: JLL | Indianapolis
Listed By: Brian Seitz, SIOR · License #RB21002049
Source: Moodyscre
Added: Apr 28 Changed: Jul 30 Last Checked: Jul 31 at 9:21AM

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 JLL | Indianapolis

Investment Insights

Based on property information with market context.

This flex space at 3838 N Illinois St, Indianapolis, IN 46208 offers a building size of 8,820 SF and a site size of 0.28 AC. The space is divisible into 3 units, which can support flexible occupancy and tenant layouts. Loading is provided by 2 drive-in doors.

The property is equipped with 3-phase power and is zoned C4, supporting a range of flex and light industrial style uses consistent with the zoning classification.

With on-site loading and divisibility into three units, the space is well suited for tenants looking for controlled access, straightforward operations, and the ability to size their footprint within the larger building.

Key Highlights

  • 8,820 SF flex space at 3838 N Illinois St
  • Divisible into 3 units
  • 0.28 AC site size

Property Analytics

Current Use

Tide Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Pharmacy Kitchen & Bath Showroom Restaurant

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

2
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$80.57 /SF/Yr
Avg Asking Price
$8–$141 /SF/Yr
Price Range
4,767 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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Similar Off Market Nearby

  • Taste of Luv by Dee — 3525 n pennsylvania st, indianapolis, in 46205
  • Ghetto Crocker — 3633 Salem St, Indianapolis, IN 46208

Frequently Asked Questions

What type of property is this?
Flex space - C4-zoned flex space divisible into three units with two drive-in doors and 3-phase power.
Where is this flex space located?
The property is located at 3838 N Illinois St Indianapolis, IN.
What are key features of this property?
This property features: 8,820 SF flex space at 3838 N Illinois St; Divisible into 3 units; 0.28 AC site size
(317) 810-7175 Call to check price and availability
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