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Clear-Span Flex Space
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771 Commerce Dr, Franklin, IN 46131

Flex property combining office and warehouse areas with drive-in access and a mezzanine office component.

Property SizeContact for details
Days on Market143

Property Features for 771 Commerce Dr

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Brian Dell · License #IN RB14024408
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:23PM

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 Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This clear-span flex building offers 9,800 SF of available space, including 1,400 SF of office area and an additional ±530 SF office on the mezzanine. The warehouse portion contains 8,400 SF, providing a substantial industrial component within the overall layout.

Three drive-ins support loading and access, while the 16’ clear height accommodates a range of warehouse operations. The property is zoned IBD, and its combination of office space, warehouse area, mezzanine capacity, and open-span design creates a practical configuration for flex or industrial users.

Key Highlights

  • 9,800 SF available, including 1,400 SF of office space
  • Additional ±530 SF office area on the mezzanine
  • 8,400 SF warehouse component

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Garden Center Skin Care Clinic (Bike/Boat/Book/etc) 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

163
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46131, IN

32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex property combining office and warehouse areas with drive-in access and a mezzanine office component.
Where is this flex space located?
The property is located at 771 Commerce Dr Franklin, IN.
What are key features of this property?
This property features: 9,800 SF available, including 1,400 SF of office space; Additional ±530 SF office area on the mezzanine; 8,400 SF warehouse component
(317) 713-2100 Call to check price and availability
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