Search
Industrial Space with Interstate Visibility
For Lease
$4,750,000

5343 Commerce Square Drive, Indianapolis, IN 46237

61,337 SF industrial space directly off I-65.

Space SizeContact for details
Lot Size3.04 Acres
Days on Market159

Property Features for 5343 Commerce Square Drive

General Information

Standard status Active
Lot size 3.04 Acres
Property subtype Industrial
Listing Agency:
Listed By: Mark Writt
Source: Cbre
Added: Mar 25 Changed: Aug 21 Last Checked: Aug 29 at 6:08AM

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 Mark Writt

Investment Insights

Based on property information with market context.

This 61,337 square foot industrial space offers interstate visibility directly off I-65. The property includes 9,000 square feet of two-story office space. The warehouse area features a clear height ranging from 24 to 40 feet. It is equipped with 8 dock doors, each measuring 9 by 10 feet, and 2 drive-in doors, each 12 by 14 feet. The property sits on 3.04 acres and has heavy power and an ESFR sprinkler system.

Key Highlights

  • Directly off I‑65 with Interstate Visibility
  • 61,337 SF Available**
  • Clear Height: 24’ - 40’

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

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

1,400
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.47 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
40,468 SF
Avg Space Size

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Zippy Shell 7535 Company Dr, Indianapolis, IN 46237
  • Extra Space Storage 5260 Commerce Cir, Indianapolis, IN 46237
  • U-STOR Self Storage 7027 Company Dr, Indianapolis, IN 46237

Frequently Asked Questions

What type of property is this?
Warehouse - 61,337 SF industrial space directly off I-65.
Where is this warehouse located?
The property is located at 5343 Commerce Square Drive Indianapolis, IN.
What is the lease rate?
The lease rate is $4,750,000.
What are key features of this property?
This property features: Directly off I‑65 with Interstate Visibility; 61,337 SF Available**; Clear Height: 24’ - 40’
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message