Industrial Space with Loading
For Lease
Contact for pricing
3131 N Franklin Rd, Indianapolis, IN 46226
Industrial space featuring loading docks, high ceilings, and ample parking.
Space Size16,200 SF - 52,200 SF
Property Size486,634 SF
Days on Market1129
Property Features for 3131 N Franklin Rd
General Information
Standard status
Active
Size
16,200 SF - 52,200 SF
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
486,634 SF
Tenancy
Multiple
Spaces For Lease
at 3131 N Franklin Rd Contact us- Size
- 16,200 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite A-1
- Size
- 25,700 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite C
- Size
- 52,200 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite C-1
Listing Agency:
Colliers - Indianapolis, Indiana
(317) 713-2100
Listed By:
Tyler Wilson · License #IN
Source:
Crexi
Added: Jul 21, 2023
Changed: Aug 20
Last Checked: Aug 20 at 4:03PM
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 industrial property offers 180,000 total square feet available within a 486,634 square foot building, with contiguous spaces up to 93,600 square feet. It features both dock and drive-in loading capabilities. The building has a clear height of 20 to 24 feet and is zoned I-2 & I-4. A WET sprinkler system is in place, and the property is equipped with 480 volt | 3 phase power. Ample parking is available for both employees and clients. There is potential for outdoor storage. The property benefits from easy access to I-465 and I-70. Recent improvements include an exterior paint job, and multiple spec make-ready improvements are underway.
Key Highlights
- Easy access to I‑465 and I‑70
- Up to 93,600 SF of contiguous space available
- Features dock and drive‑in loading
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Market
Lease Benchmarks for Indianapolis, IN
$10.22 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
41,982 SF
Avg Space Size
This space is priced 46% below the average of $10.22 /SF/Yr.
Vacancy Rate% for Industrial in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space featuring loading docks, high ceilings, and ample parking.
Where is this warehouse located?
The property is located at 3131 N Franklin Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Easy access to I‑465 and I‑70; Up to 93,600 SF of contiguous space available; Features dock and drive‑in loading
