Industrial Warehouse with Drive-In
For Sale
Contact for pricing
7141-7151 E 46th St, Indianapolis, IN 46226
100% leased industrial warehouse on 1.29 acres with eight drive-in doors and leases extending through 2028-29.
Property Size16,000 SF
Lot Size1.29 Acres
Price / SF$81.25
Days on Market51
Property Features for 7141-7151 E 46th St
General Information
Standard status
Active
Size
16,000 SF
Class
C
Lot size
1.29 Acres
Property subtype
Industrial
Zoning
C-4
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$113,320
Additional Details
Cap Rate
8.72%
Drive-In Doors
8
Building Details
Year Built
1973
Year Renovated
2026
Buildings
1
Tenancy
Multi
Building Size
16,000 SF
Listing Agency:
Allies Commercial Realty
Listed By:
Adam Stephenson · License #IN
(317) 908-6479
Source:
Crexi
Added: Jul 27
Changed: Sep 6
Last Checked: Sep 14 at 8:22AM
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 Allies Commercial Realty
Investment Insights
Based on property information with market context.
This 100% leased industrial warehouse is located in the E 46th Street Business Park at 7141-7151 E 46th St, Indianapolis, IN 46226. The property includes 16,000 square feet of industrial space built in 1973, situated on 1.29 acres, with eight drive-in doors for flexible loading and operations.
The building is currently occupied by five tenants under NNN and Modified Gross lease structures. Lease terms extend through 2028-29, and the offering is presented as a stabilized, net operating income investment with an 8.72% cap rate.
With multiple tenants and long-dated lease coverage, the property offers an income-focused industrial configuration supported by established tenant occupancy and warehouse access designed for drive-in distribution.
The building is currently occupied by five tenants under NNN and Modified Gross lease structures. Lease terms extend through 2028-29, and the offering is presented as a stabilized, net operating income investment with an 8.72% cap rate.
With multiple tenants and long-dated lease coverage, the property offers an income-focused industrial configuration supported by established tenant occupancy and warehouse access designed for drive-in distribution.
Key Highlights
- 16,000 square feet industrial warehouse built in 1973
- Eight drive‑in doors for loading and distribution
- 1.29 acres at 7141‑7151 E 46th St in Indianapolis
Property Analytics
Current Use
Lease Details
8
Drive-in doors
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Market
Vacancy Rate% for Industrial in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Warehouse - 100% leased industrial warehouse on 1.29 acres with eight drive-in doors and leases extending through 2028-29.
Where is this warehouse located?
The property is located at 7141-7151 E 46th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 16,000 square feet industrial warehouse built in 1973; Eight drive‑in doors for loading and distribution; 1.29 acres at 7141‑7151 E 46th St in Indianapolis
