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Flex Space with Dock Access
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4101 S High School Rd, Indianapolis, IN 46241

Sublease opportunity combining warehouse functionality with dedicated office space near Indianapolis International Airport.

Space Size9,300 SF
Property Size64,054 SF
Days on Market137

Property Features for 4101 S High School Rd

General Information

Standard status Active
Size 9,300 SF
Net Rentable 1,300 SF
Class C
Property subtype Industrial
Lease Type NNN

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Industrial
Sublease Yes
Available From 2026-06-01

Warehouse & Industrial

Clear Height 18 ft
Office Build-Out 1,230 SF
Dock-High Doors 2
Drive-In Doors 1

Building Details

Building Size 64,054 SF
Year Built 1978
Tenancy Single

Spaces For Lease

at 4101 S High School Rd Contact us

Available Space $8.50/SF/Yr

Size
9,300 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Allies Commercial Realty
Listed By: Adam Stephenson · License #IN
Source: Crexi
Added: Apr 16 Changed: Aug 29 Last Checked: Aug 29 at 9:18PM

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 Allies Commercial Realty

Investment Insights

Based on property information with market context.

This flex-space sublease provides approximately 9,300 SF of industrial area, including approximately 1,230 SF configured as office space. The building offers an 18’ clear height, two dock doors, and one drive-in door. Constructed in 1978, the property supports a warehouse-oriented layout with complementary office functionality.

Located at 4101 S High School Rd in Indianapolis, the space is positioned in the southwest submarket with proximity to Indianapolis International Airport. Availability begins June 1, 2026, and the master lease runs through May 31, 2029.

Key Highlights

  • ±9,300 SF industrial flex space
  • ±1,230 SF of office area
  • Two (2) dock doors and one (1) drive‑in door

Property Analytics

Current Use

Express Packing Inc. Industrial Manufacturer Express Millwork General Contractor Truck Country Of Indiana ... Corporate Office 4101 S High ... Parking Lot & Garage Rentaload USA (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service

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

18 ft
Clear height
2
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$23.17 /SF/Yr
Avg Asking Price
$12–$95.52 /SF/Yr
Price Range
14,704 SF
Avg Space Size

This space is priced 63% below the average of $23.17 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • MR HIBACHI LOCO FOOD TRUCK 3748 N High School Rd, Indianapolis, IN 46224
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  • Gemini 2 Inc 5508 Gateway Dr, Indianapolis, IN 46254

Frequently Asked Questions

What type of property is this?
Flex space - Sublease opportunity combining warehouse functionality with dedicated office space near Indianapolis International Airport.
Where is this flex space located?
The property is located at 4101 S High School Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: ±9,300 SF industrial flex space; ±1,230 SF of office area; Two (2) dock doors and one (1) drive‑in door
(317) 908-6479 Call to check price and availability
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