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Renovated Industrial Property
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510 Indianapolis Avenue, Lebanon, IN 46052

An industrial facility offers updated office space and 11,800 SF available for lease.

Space Size11,800 SF
Property Size37,000 SF
Days on Market9

Property Features for 510 Indianapolis Avenue

General Information

Standard status Active
Size 11,800 SF
Net Rentable 11,800 SF
Property subtype Industrial

Space & Availability

Available Space 11,800 SF
Contiguous Space 11,800 SF
Available From Immediate

Building Details

Building Size 37,000 SF

Spaces For Lease

at 510 Indianapolis Avenue Contact us

Space 1

Size
11,800 SF
Availability
Active
Contact us
Listing Agency: SVN⎮Northern Commercial
Listed By: Wade Wilson · License #RB20000720
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:27PM

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 heavy industrial property totals approximately 37,000 SF, with 11,800 SF available for lease. Recent work includes a remodeled office area, roof coating, new drive-in doors, LED lighting, exterior paint, and replacement gutters. The yard base was improved and the yard expanded.

Located at 510 Indianapolis Avenue in Lebanon, Indiana, the property is offered for lease.

Key Highlights

  • 11,800 SF available for lease within an approximately 37,000 SF heavy industrial property
  • Recent improvements include a full office remodel and LED lighting throughout
  • New drive‑in doors, roof coating, exterior paint, and gutters

Property Analytics

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Current Use

Surplus City Liquidators Liquidator SCL Corporate Office

Suggested Use

Top Pick Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Parking Lot & Garage Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - An industrial facility offers updated office space and 11,800 SF available for lease.
Where is this industrial property located?
The property is located at 510 Indianapolis Avenue Lebanon, IN.
What are key features of this property?
This property features: 11,800 SF available for lease within an approximately 37,000 SF heavy industrial property; Recent improvements include a full office remodel and LED lighting throughout; New drive‑in doors, roof coating, exterior paint, and gutters
(317) 863-9271 Call to check price and availability
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