Dock and Drive-In Flex
For Lease
Contact for pricing
5508 Elmwood Ave, Indianapolis, IN 46203
Flexible shallow-bay suites in multiple buildings with dock and drive-in loading and 14’ clear height.
Property Size2,400 SF
Days on Market95
Property Features for 5508 Elmwood Ave
General Information
Standard status
Active
Size
2,400 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Clear Height
14 ft
Listing Agency:
Colliers
(317) 713-2345
Listed By:
Korey Ryan
(765) 520-6662
Source:
Moodyscre
Added: Apr 27
Changed: Jul 26
Last Checked: Jul 29 at 3:06PM
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
Investment Insights
Based on property information with market context.
(4) industrial buildings totaling approximately 133,200 SF offer flexible shallow-bay suites ranging from 1,200 SF to 4,650 SF. Spaces feature dock and drive-in loading and approximately 14’ clear height, supported by ample on-site parking for a range of industrial/office operations.
Located at 5508 Elmwood Ave in Indianapolis, IN 46203, the property is positioned for immediate access to I-465, connecting to Indianapolis’ interstate system. New ownership is investing significant capital into interior and exterior improvements, enhancing the overall building presentation and tenant experience.
Located at 5508 Elmwood Ave in Indianapolis, IN 46203, the property is positioned for immediate access to I-465, connecting to Indianapolis’ interstate system. New ownership is investing significant capital into interior and exterior improvements, enhancing the overall building presentation and tenant experience.
Key Highlights
- 4 buildings totaling ±133,200 SF with flexible shallow‑bay industrial suites
- Suite sizes range from 1,200 SF to 4,650 SF
- Dock & drive‑in loading plus 14’ clear height
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
466
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible shallow-bay suites in multiple buildings with dock and drive-in loading and 14’ clear height.
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 buildings totaling ±133,200 SF with flexible shallow‑bay industrial suites; Suite sizes range from 1,200 SF to 4,650 SF; Dock & drive‑in loading plus 14’ clear height
