Under-Construction Flex
7765 Milhouse Road, Indianapolis, IN 46241
For Lease
New
$2,500/Mo
Commercial Lease, Indianapolis, IN
Space Size1,800 SF
Lot Size3.20 Acres
Days on Market4
Property Features for 7765 Milhouse Road
General Information
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Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(765) 342-5500
Listed By:
Sharon Tirey
(317) 882-5900
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 7 at 2:06PM
MLS# 22134905
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Flex space at 7765 Milhouse Road is under construction, with suites starting at 1,800 square feet. Planned layouts combine dedicated office space and warehouse capability, with loading access for receiving and distribution. The property is designed for light industrial use and is zoned Light Industrial. Electric heating, central air, and a metal roof are specified.
The 3.2-acre property is in Indianapolis, with access to Indianapolis International Airport and major thoroughfares. Parking includes garage, open, and guest options. The suites are planned to provide 24-hour access.
The 3.2-acre property is in Indianapolis, with access to Indianapolis International Airport and major thoroughfares. Parking includes garage, open, and guest options. The suites are planned to provide 24-hour access.
Key Highlights
- Flex suites start at 1,800 square feet
- Under construction; year built listed as 2026
- 3.2‑acre property zoned Light Industrial
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
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Market
Lease Benchmarks for Indianapolis, IN
$12.49 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,446 SF
Avg Space Size
Properties on Market for Flex space in Indianapolis
Vacancy Rate% for Industrial in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Flex space - Planned suites pair dedicated office areas with warehouse functionality and offer access around the clock.
Where is this flex space located?
The property is located at 7765 Milhouse Road Indianapolis, IN.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Flex suites start at 1,800 square feet; Under construction; year built listed as 2026; 3.2‑acre property zoned Light Industrial
