Flex Industrial Suites with
For Lease
Contact for pricing
5508 Elmwood Ave, Indianapolis, IN 46203
Flexible shallow-bay suites include dock and drive-in loading with 14’ clear height and ample parking.
Space Size1,200 SF - 3,600 SF
Days on Market185
Property Features for 5508 Elmwood Ave
General Information
Standard status
Active
Size
1,200 SF - 3,600 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Sunnyview
Highway Access
Yes
Additional Details
Clear Height
14 ft
Spaces For Lease
at 5508 Elmwood Ave Contact usBuilding 4 AVAILABLE, Now
Floor
1
Size
1,200 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Sublease
No
- (4) Buildings totaling ±133,200 SF
- Flexible shallow-bay industrial suites ranging from 1,200 SF - 4,650 SF
- Dock & drive-in loading, 14’ clear height, ample parking supporting a variety of industrial/office users
- Prime infill location offering immediate access to I-465, providing efficient connectivity to Indy’s interstate systems
- New ownership investing significant capital into interior and exterior improvements
Contact us Building 4 AVAILABLE, Now
Floor
1
Size
3,600 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Sublease
No
- (4) Buildings totaling ±133,200 SF
- Flexible shallow-bay industrial suites ranging from 1,200 SF - 4,650 SF
- Dock & drive-in loading, 14’ clear height, ample parking supporting a variety of industrial/office users
- Prime infill location offering immediate access to I-465, providing efficient connectivity to Indy’s interstate systems
- New ownership investing significant capital into interior and exterior improvements
Contact us
Listing Agency:
Colliers
(317) 713-2100
Listed By:
James Cristee
(317) 713-2345
Source:
Moodyscre
Added: Apr 27
Changed: Oct 25
Last Checked: Oct 28 at 9:37AM
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 Colliers
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Investment Insights
Based on property information with market context.
This flex industrial campus includes four buildings totaling approximately 133,200 square feet, offering shallow-bay suites sized from 1,200 to 4,650 square feet. Spaces feature dock and drive-in loading and a 14’ clear height, supported by ample on-site parking for a range of industrial and office users.
The property is positioned as a prime infill location with immediate access to I-465, providing efficient connectivity to Indianapolis’ interstate system.
New ownership is investing significant capital into interior and exterior improvements, supporting a maintained and upgraded operating environment across the buildings.
The property is positioned as a prime infill location with immediate access to I-465, providing efficient connectivity to Indianapolis’ interstate system.
New ownership is investing significant capital into interior and exterior improvements, supporting a maintained and upgraded operating environment across the buildings.
Key Highlights
- (4) industrial buildings totaling 133,200 SF
- Flexible shallow‑bay suites ranging from 1,200 SF to 4,650 SF
- Dock & drive‑in loading available with 14’ clear height
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46203, IN
38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Indianapolis, IN
$12.36 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,406 SF
Avg Space Size
Vacancy Rate% for Industrial in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Flex space - Flexible shallow-bay suites include dock and drive-in loading with 14’ clear height and ample parking.
Where is this flex space located?
The property is located at 5508 Elmwood Ave Indianapolis, IN.
What are key features of this property?
This property features: (4) industrial buildings totaling 133,200 SF; Flexible shallow‑bay suites ranging from 1,200 SF to 4,650 SF; Dock & drive‑in loading available with 14’ clear height
