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Industrial/R&D/Flex Building
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7820 Innovation Blvd, Indianapolis, IN 46278

Modern industrial, R&D, and flex building with lab buildout, dock access, and backup generation built in 2011.

Property Size18,400 SF
Days on Market137

Property Features for 7820 Innovation Blvd

General Information

Standard status Active
Size 18,400 SF
Property subtype INDUSTRIAL
Zoning ZO01

Additional Details

Dock-High Doors 1

Amenities

Back-up generators

Building Details

Year Built 2011
Buildings 1
Building Size 18,733 SF
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Jim Logan
Source: Moodyscre
Added: Mar 16 Changed: Jul 30 Last Checked: Jul 30 at 10:25AM

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 modern industrial, R&D, and flex building offers an advanced lab buildout constructed to top pharmaceutical company specifications. Built in 2011, the facility totals 18,400 SF and includes backup generators and one dock door to support operations and logistics.

Strategically zoned ZO01, the property is located in the Indianapolis area with very close proximity to major interstates and the Indianapolis International Airport. The surrounding area includes amenities of all kinds, supporting convenient employee and business access.

The building is a single, purpose-built option for tenants seeking industrial space with lab-ready improvements, along with dock loading capability and on-site backup power.

Key Highlights

  • 18,400 SF modern industrial/R&D/flex building
  • Lab buildout constructed to pharmaceutical company specifications
  • Built in 2011

Property Analytics

Current Use

Closure Systems International Industrial Manufacturer Inception LLC Medical Clinic Candlewood suites Homestay Greeley & Hansen Engineering Consultant AllPaid, Inc Corporate Office

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Parking Lot & Garage Hair Salon Nail Salon

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

1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46278, IN

8,910
Population
3,357
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
675
Density / Sq Mi
$153,930
Median Household Income
$79,007
Median Earnings
$1,172
Median Rent
$420,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Flex space - Modern industrial, R&D, and flex building with lab buildout, dock access, and backup generation built in 2011.
Where is this flex space located?
The property is located at 7820 Innovation Blvd Indianapolis, IN.
What are key features of this property?
This property features: 18,400 SF modern industrial/R&D/flex building; Lab buildout constructed to pharmaceutical company specifications; Built in 2011
(317) 697-6139 Call to check price and availability
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