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Flex Space with Common Dock
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7202 E 87th St, Indianapolis, IN 46256

Industrial/flex space with common dock area, restrooms, and high ceilings ranging from 9' in office areas to 14' in warehouses.

Property Size2,374 SF
Days on Market340

Property Features for 7202 E 87th St

General Information

Standard status Active
Size 2,374 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

common dock area
restrooms
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Moodyscre
Added: Aug 25, 2025 Changed: Jul 27 Last Checked: Jul 30 at 11:26AM

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 flex space is laid out to support industrial and office functions, with high ceilings throughout. Office areas offer 9' ceiling height, while the warehouse portion provides 14' ceiling height. The space includes a common dock area and restrooms within the suite, supporting day-to-day operations and convenient access for staff and visitors.

Located at 7202 E 87th St in Indianapolis, the property offers prime visibility and accessibility as well as ample parking for employees and visitors. Common dock and loading areas are available to help streamline deliveries and receiving.

The combination of office-ready ceiling height, warehouse clearance, common dock access, and on-site restrooms makes the suite well-suited for tenants seeking a practical industrial/flex setup.

Key Highlights

  • Industrial/flex space with high ceilings: 9' in office areas and 14' in warehouse areas
  • Common dock and loading areas for streamlined operations
  • Common dock area and restrooms included in the space

Property Analytics

Current Use

CGeneTech, Inc. Factory Enterprise Unified Solutions Tech Support Center ALS Association of Indiana Association Or Organization BlueGrace Logistics Indianapolis Logistics Company Fire Station Fire Station

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Storage Facility Grocery & Convenience Store Electrical Service

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Indianapolis, IN

$80.57 /SF/Yr
Avg Asking Price
$8–$141 /SF/Yr
Price Range
4,767 SF
Avg Space Size

This space is priced 81% below the average of $80.57 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex space with common dock area, restrooms, and high ceilings ranging from 9' in office areas to 14' in warehouses.
Where is this flex space located?
The property is located at 7202 E 87th St Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Industrial/flex space with high ceilings: 9' in office areas and 14' in warehouse areas; Common dock and loading areas for streamlined operations; Common dock area and restrooms included in the space
(317) 679-4046 Call to check price and availability
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