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Industrial/Flex Space with Outdoor Storage
For Lease
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5620-5640 Massachusetts Ave, Indianapolis, IN 46218

Versatile industrial/flex space with customizable layouts and outdoor storage.

Space Size3,500 SF
Days on Market369

Property Features for 5620-5640 Massachusetts Ave

General Information

Standard status Active
Size 3,500 SF
Property subtype FLEX_R_AND_D

Spaces For Lease

at 5620-5640 Massachusetts Ave Contact us

5640 Massachusetts Ave

Floor
1
Size
3,500 SF
Type
FLEX_R_AND_D
Rate
Contact for pricing
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Versatile industrial/flex space - Renovated in 2025 - 3,500 SF available - 4 Drive-in...
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Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Steve Monnot
Source: Moodyscre
Added: Sep 10, 2025 Changed: Sep 3 Last Checked: Sep 12 at 10:58AM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This versatile industrial/flex space, renovated in 2025, offers between 5,500 and 8,000 square feet of available area. The property features four drive-in doors and clear heights of 14' and 16'. It has a strategic location with easy access to major transportation routes and interstates. Customizable layouts are available to accommodate diverse business needs. Additionally, the property includes 2.5 acres of fenced and secured outdoor storage or parking.

Key Highlights

  • Strategic location with easy access to major transportation routes & interstates
  • 2.5 AC fenced & secured outdoor storage or parking available
  • 5,500‑8,000 SF available**

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Gym & Fitness Center Parking Lot & Garage

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

328
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
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

$11.84 /SF/Yr
Avg Asking Price
$4.16–$18 /SF/Yr
Price Range
14,040 SF
Avg Space Size

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile industrial/flex space with customizable layouts and outdoor storage.
Where is this flex space located?
The property is located at 5620-5640 Massachusetts Ave Indianapolis, IN.
What are key features of this property?
This property features: Strategic location with easy access to major transportation routes & interstates; 2.5 AC fenced & secured outdoor storage or parking available; 5,500‑8,000 SF available**
(260) 444-7194 Call to check price and availability
More about this property
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