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Indianapolis Industrial/Flex Space For Sale
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7202 E 87th St. Indianapolis, Indianapolis, IN 46256

Prime Indianapolis industrial/flex spaces with high ceilings and ample parking.

Property SizeContact for details
Days on Market322

Property Features for 7202 E 87th St. Indianapolis

General Information

Standard status Active
Property subtype Industrial/Flex

Building Details

Year Built 1987
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Tcnworldwide
Added: Sep 18, 2025 Changed: Jul 6 Last Checked: Aug 4 at 5:57AM

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.

Located in the Northeast Business Center of northern Indianapolis, this commercial property offers versatile industrial and flex spaces. Situated between 82nd and 96th Streets and adjacent to I-69, the location provides prime visibility and accessibility. The property is less than a mile from the I-465 interchange, offering convenient access around the city and is minutes from Fishers and Carmel, Indiana. The Castleton area is nearby, providing retail amenities for employees and customers. The spaces feature high ceilings, with 9-foot ceilings in office areas and 14-foot ceilings in warehouses. Ample parking is available for both employees and visitors, supporting optimal business operations.

Key Highlights

  • Prime location in northern Indianapolis between 82nd & 96th St. and adjacent to I‑69.
  • Versatile spaces suitable for industrial/flex use.
  • High ceilings (9' in office spaces & 14' in warehouses).

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby

Demographics for 46256, IN

22,598
Population
10,118
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
2,036
Density / Sq Mi
$86,529
Median Household Income
$55,021
Median Earnings
$1,136
Median Rent
$277,800
Median Home Value

Market

Properties on Market for Industrial properties in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

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?
Industrial property - Prime Indianapolis industrial/flex spaces with high ceilings and ample parking.
Where is this industrial property located?
The property is located at 7202 E 87th St. Indianapolis Indianapolis, IN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime location in northern Indianapolis between 82nd & 96th St. and adjacent to I‑69.; Versatile spaces suitable for industrial/flex use.; High ceilings (9' in office spaces & 14' in warehouses).
More about this property
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