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Flex Suites With Drive-In Doors
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77655 Milhouse Rd, Indianapolis, IN 46241

Each unit pairs private office and restroom space with a conditioned warehouse or work area.

Space Size1,800 SF
Lot Size3.20 Acres
Days on Market8

Property Features for 77655 Milhouse Rd

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Lot size 3.20 Acres
Property subtype FLEX_R_AND_D

Space & Availability

Available Space 1,800 SF
Space Use Flex

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 1
Conditioned Warehouse Yes

Additional Details

Highway Access Yes

Spaces For Lease

at 77655 Milhouse Rd
Building 3 $16.60/SF/Yr
Floor 1
Size 1,800 SF
Type FLEX_R_AND_D
Availability AVAILABLE, Now
Sublease No
- ±1,800 SF flex suites - Private office and restroom in each suite - Open warehouse/work area - One drive-in overhead door per suite - ±14' clear height - Heated and air-conditioned warehouse/work areas - Warehouse lighting - On-site parking - ±3.20-acre site - Convenient access to I-70 and I-465 - Minutes from Indianapolis International Airport - Well suited for contractors, service businesses, light industrial, distribution and other flex users
Contact us
Listing Agency: Lee & Associates | Indianapolis
Listed By: spero pulos · License #INST200755
Source: Moodyscre
Added: Oct 6 Changed: Oct 10 Last Checked: Oct 12 at 9:52PM

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 Lee & Associates | Indianapolis

Investment Insights

Based on property information with market context.

This flex property is arranged in suites of approximately 1,800 SF, each with a private office, restroom, and open warehouse or work area. A drive-in overhead door serves each suite, and the work areas are heated and air-conditioned. Warehouse lighting and on-site parking are also provided. The clear height is approximately 14 feet.

The property occupies an approximately 3.20-acre site with access to I-70 and I-465. Indianapolis International Airport is minutes away. The configuration supports a range of flex-space operations, including contractor, service, light industrial, and distribution uses.

Key Highlights

  • Approximately 1,800 SF flex suites
  • Private office and restroom in every suite
  • One drive‑in overhead door per suite

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Plumbing Service Locksmith Storage Facility Parking Lot & Garage Building Supply

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

14 ft
Clear height
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Indianapolis, IN

$12.21 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,492 SF
Avg Space Size

This space is priced 36% above the average of $12.21 /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.

Frequently Asked Questions

What type of property is this?
Flex space - Each unit pairs private office and restroom space with a conditioned warehouse or work area.
Where is this flex space located?
The property is located at 77655 Milhouse Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $16.60 SF/Yr.
What are key features of this property?
This property features: Approximately 1,800 SF flex suites; Private office and restroom in every suite; One drive‑in overhead door per suite
(317) 844-2700 Call to check price and availability
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