Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6056 Commerce Drive Whitestown, IN 46075

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    672,944 SF warehouse space for lease in Whitestown, Indiana.

    Type:Industrial
    Property size:
    672,944 SF
    Added:
    Mar 25, 2026
    Days on Market:
    12
    Last Refresh:
    Mar 18 at 8:15 am

    Property Features for 6056 Commerce Drive

    General Information

    Standard status
    Active
    Size
    672,944 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Jared Scaringe
    Jared Scaringe

    Listing agent Jared Scaringe

    Listing office CBRE | Indianapolis

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Indianapolis

    Overview

    Whitestown Warehouse Space Available

    A 672,944 square-foot warehouse space is available for lease. The property features full air-conditioning and a 36-foot clear height. It includes 338 auto parking spaces and 110 trailer storage spaces. Loading and unloading are facilitated by 64 dock doors and 2 drive-in doors. The current lease is set to expire on August 19, 2027.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Whitestown Storage — 120 Porter Ave, Whitestown, IN 46075

    Location Insight

    • Map
    • Local Demand
    City
    Whitestown
    County
    Boone
    State
    Indiana
    Longitude
    -86.3562
    Latitude
    39.9953

    Nearby Similar for Lease

    • Contact for pricing

      Whitestown Industrial Facility Sublease

      257,030 SF industrial space in Allpoints at Anson.
      5215 Albert S White Dr, Whitestown, IN
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      1,432 SF retail space in fast-growing Whitestown, Indiana.
      6535-6705 Whitestown Pkwy, Whitestown, IN
      View Details
    • Contact for pricing

      Retail Space in Whitestown Market

      4,500 SF retail space for lease in Whitestown, Indiana.
      6161 S Main St, Whitestown, IN
      View Details
    • Contact for pricing

      Mills Drive Commercial Space

      Commercial space available for rent on Mills Drive.
      6388 Mills Drive, Whitestown, IN 46075
      View Details
    • Contact for pricing

      Whitestown Industrial Flex Showroom Space

      New construction industrial flex showroom space for rent in Whitestown.
      4355 Perry Worth Rd, Whitestown, IN 46075
      View Details
    • $7/mo

      Whitestown Warehouse Space for Lease

      Industrial warehouse space available near I-65 and Indianapolis Airport.
      5561 E 500 S, Whitestown, IN
      View Details
    • Contact for pricing

      Whitestown Warehouse with 32' Clearance

      172,454 SF warehouse with 32 dock doors for lease.
      6140 Commerce Dr, Whitestown, IN
      View Details
    • $7/mo

      Whitestown Industrial Space Available Now

      83,894 SF industrial space with modern features in Whitestown.
      5433 IN-267, Whitestown, IN
      View Details
    • Contact for pricing

      Whitestown Industrial Park Opportunity

      Four-building industrial park with customizable solutions in Whitestown, Indiana.
      CR 450 E & CR 400 S, Whitestown, IN 46075
      View Details
    • $1.00/mo

      Whitestown Warehouse Space Available

      Industrial warehouse space available for lease in Whitestown, Indiana.
      4255 4259 S County Road 500 E, Whitestown, IN
      View Details
    • Contact for pricing

      Whitestown Industrial Space for Lease

      184,140 SF available in AllPoints at Anson industrial park.
      4255-4259 S CR 500 E, Whitestown, IN 46075
      View Details

    FAQs

    What type of property is this?
    Warehouse - 672,944 SF warehouse space for lease in Whitestown, Indiana.
    Where is this warehouse located?
    The property is located at 6056 Commerce Drive Whitestown, IN.
    What are key features of this property?
    This property features: 672,944 SF Available; Fully Air‑Conditioned for optimal climate control; Benefit from the impressive 36' Clear Height
    (317) 442-9716
    We can help!
    Listing Contact
    Jared Scaringe
    Jared Scaringe
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!