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Industrial/Flex Space with Drive-In Doors
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5620-5640 Massachusetts Ave, Indianapolis, IN 46218

Renovated industrial-flex space with four drive-in doors, 14- to 16-foot clear height, and secured fenced outdoor storage.

Property Size3,500 SF
Lot Size2.50 Acres
Days on Market325

Property Features for 5620-5640 Massachusetts Ave

General Information

Standard status Active
Size 3,500 SF
Net Rentable 3,500 SF
Lot size 2.50 Acres
Property subtype FLEX_R_AND_D

Space & Availability

Available Space 3,500 SF
Contiguous Space 3,500 SF
Space Use Flex

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 4

Building Details

Year Renovated 2025
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Steve Monnot · License #IN123455
Source: Moodyscre
Added: Sep 10, 2025 Changed: Jul 30 Last Checked: Jul 30 at 9:39PM

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 renovated industrial/flex space offers 3,500 SF of usable area and is set up for practical move-in operations. The facility includes four drive-in doors, with 14' x 14' and 16' clear height. The layout is described as customizable to support a range of business needs.

The property is offered at 5620-5640 Massachusetts Ave in Indianapolis, IN. It also includes access to major transportation routes and interstates. In addition to the indoor space, there is 2.5 AC of fenced and secured outdoor storage or parking available on site.

For businesses looking for an industrial-flex configuration with drive-in access and room for outdoor storage or parking, this renovated space provides a straightforward option built around functional loading and operational flexibility.

Key Highlights

  • Renovated in 2025 for updated industrial/flex use
  • 3,500 SF available industrial/flex space
  • Four drive‑in doors, including 14' x 14' door openings

Property Analytics

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

16 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
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

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

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

What type of property is this?
Flex space - Renovated industrial-flex space with four drive-in doors, 14- to 16-foot clear height, and secured fenced 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: Renovated in 2025 for updated industrial/flex use; 3,500 SF available industrial/flex space; Four drive‑in doors, including 14' x 14' door openings
(260) 444-7194 Call to check price and availability
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