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Flex Research Facility
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5600 W Raymond Street, Indianapolis, IN 46241

Fully built-out lab and R&D flex environment with extensive lab suites, private offices, and pilot plant refrigeration and cold storage.

Space Size43,028 SF
Days on Market53

Property Features for 5600 W Raymond Street

General Information

Standard status Active
Size 43,028 SF
Class C
Total Parking Spaces 325
Property subtype Industrial

Building Details

Building Size 43,028 SF
Year Built 1967
Tenancy Single

Spaces For Lease

at 5600 W Raymond Street Contact us

#1

Size
43,028 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bradley Company Indianapolis
Listed By: Kevin Dick · License #In RB14042386
Source: Crexi
Added: Jul 8 Changed: Aug 25 Last Checked: Aug 28 at 12:06PM

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 Bradley Company Indianapolis

Investment Insights

Based on property information with market context.

This property offers a fully built-out lab, R&D, and flex environment designed for sophisticated research operations. The space includes an extensive laboratory configuration with integrated private offices, sensory testing labs, culinary prep areas, customer experience and demo rooms, and pilot plant rooms. Refrigeration and cold storage capabilities are included within the pilot plant setup.

The facility is configured with over 20 lab suites and multiple specialized lab components, including sinks and water access, laboratory turrets and valves, eyewash stations, dedicated fume hood boxes, and ventilation systems, along with private offices with doors.

Located at 5600 W Raymond Street in Indianapolis, the property is presented as a comprehensive, ready-to-operate solution for advanced laboratory and research requirements.

Key Highlights

  • Fully built‑out lab, R&D, and flex environment in Indianapolis (5600 W Raymond Street), built in 1967
  • Extensive lab configuration with over 20 lab suites and dedicated spaces equipped with sinks and water access
  • Includes sensory testing labs, culinary prep areas, customer experience and demo rooms, plus pilot plant rooms

Property Analytics

Current Use

Javo Beverage Inc. Food Processing Plant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Dental Office Spa & Massage Center

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

85
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$23.17 /SF/Yr
Avg Asking Price
$12–$95.52 /SF/Yr
Price Range
14,704 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
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Frequently Asked Questions

What type of property is this?
Flex space - Fully built-out lab and R&D flex environment with extensive lab suites, private offices, and pilot plant refrigeration and cold storage.
Where is this flex space located?
The property is located at 5600 W Raymond Street Indianapolis, IN.
What are key features of this property?
This property features: Fully built‑out lab, R&D, and flex environment in Indianapolis (5600 W Raymond Street), built in 1967; Extensive lab configuration with over 20 lab suites and dedicated spaces equipped with sinks and water access; Includes sensory testing labs, culinary prep areas, customer experience and demo rooms, plus pilot plant rooms
(317) 213-6692 Call to check price and availability
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