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Flex-Industrial Warehouse Space
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8004 Castleway Dr, Indianapolis, IN 46250

Multi-tenant flex-industrial space offers clear-span layout with drive-in doors, on-site parking, and options for combined or separate suites.

Space Size5,272 SF
Days on Market213

Property Features for 8004 Castleway Dr

General Information

Standard status Active
Size 5,272 SF
Property subtype FLEX_R_AND_D
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Amenities

on-site parking

Building Details

Construction clear-span
Tenancy Multi

Spaces For Lease

at 8004 Castleway Dr Contact us

8004 Castleway Dr $15/SF/Yr

Floor
1
Size
5,272 SF
Type
FLEX_R_AND_D
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Flex-industrial space: 5,272 SF, 2,772 SF, or combined - Multi-tenant building -...
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Listing Agency: SVN | Northern Commercial
Listed By: Jess Lawhead, CCIM · License #IN RB14047741
Source: Moodyscre
Added: Feb 13 Changed: Sep 7 Last Checked: Sep 13 at 11:40AM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

Flex-industrial space is available in a multi-tenant building with clear-span design for flexible use. Suite options are offered at 2,772 SF or 5,272 SF, with the ability to combine for additional space. The property includes drive-in doors and on-site parking.

Located on Castleway Dr in Indianapolis, the site is described as having high visibility and convenient access to East 82nd Street, I-69, and I-465.

The space is suitable for light manufacturing, warehousing, showroom use, or office with warehouse functions, depending on how your operation is set up.

Key Highlights

  • Flex‑industrial space totaling 5,272 SF, with options for 2,772 SF or combined suites
  • Clear‑span design for flexible layout and flexible use
  • Multi‑tenant building with drive‑in doors and on‑site parking

Property Analytics

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Open Analytics

Current Use

The Purple Guys - Managed ... Tech Support Center Desktop Resources Tech Support Center

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Electrical Service Wine and Liquor Store Florist HVAC 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,611
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46250, IN

19,156
Population
9,815
Households
2
Avg Household Size
35
Median Age
53%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
2,488
Density / Sq Mi
$69,591
Median Household Income
$45,696
Median Earnings
$1,293
Median Rent
$288,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$11.84 /SF/Yr
Avg Asking Price
$4.16–$18 /SF/Yr
Price Range
14,040 SF
Avg Space Size

This space is priced 27% above the average of $11.84 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant flex-industrial space offers clear-span layout with drive-in doors, on-site parking, and options for combined or separate suites.
Where is this flex space located?
The property is located at 8004 Castleway Dr Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Flex‑industrial space totaling 5,272 SF, with options for 2,772 SF or combined suites; Clear‑span design for flexible layout and flexible use; Multi‑tenant building with drive‑in doors and on‑site parking
(317) 454-2241 Call to check price and availability
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