Flex Space with Dock and Drive-In
For Lease
Contact for pricing
5508 Elmwood Ave, Indianapolis, IN 46203
Flexible shallow-bay industrial suites with dock and drive-in loading, designed for a range of industrial and office users.
Property Size1,200 SF - 4,650 SF
Days on Market95
Property Features for 5508 Elmwood Ave
General Information
Standard status
Active
Size
1,200 SF - 4,650 SF
Net Rentable
1,200 SF
Property subtype
INDUSTRIAL
Space & Availability
Available Space
1,200-4,650 SF
Space Use
Industrial
Additional Details
Highway Access
Yes
Clear Height
14 ft
Building Details
Buildings
4
Listing Agency:
Colliers
(317) 713-2345
Listed By:
Korey Ryan
(765) 520-6662
Source:
Moodyscre
Added: Apr 27
Changed: Jul 30
Last Checked: Jul 30 at 6:04AM
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.
This flex space asset includes four buildings totaling 133,200 SF, offering flexible shallow-bay industrial suites ranging from 1,200 SF to 4,650 SF. The space is supported by dock and drive-in loading, along with 14’ clear height. Ample parking is available to accommodate a variety of industrial and office users.
The property sits in 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, enhancing the overall building presentation and tenant environment.
The property sits in 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, enhancing the overall building presentation and tenant environment.
Key Highlights
- Four buildings totaling 133,200 SF
- Flexible shallow‑bay industrial suites from 1,200 SF to 4,650 SF
- Dock and drive‑in loading
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 industrial suites with dock and drive-in loading, designed for a range of industrial and office users.
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: Four buildings totaling 133,200 SF; Flexible shallow‑bay industrial suites from 1,200 SF to 4,650 SF; Dock and drive‑in loading
