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    2855 Franklin Rd Indianapolis, IN 46219

    Sponsored
    For Lease
    $3 SF/Yr

    30,011 SF Warehouse; I-70 & I-465 Access

    Lot size:
    320,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional warehouse opportunity presents 30,011 square feet of immediately available space within a larger 320,219 square foot industrial building located at 2855 N Franklin Rd in Marion County. The unit features convenient drive-in loading (2 total for the building), high ceilings ranging from 12 to 14 feet, and ample heavy power. The property boasts I-3 zoning, providing flexibility for various industrial uses. Its strategic location offers immediate access to Interstates 70 and 465, ensuring efficient transportation and logistics. Beyond the available unit, the property includes substantial additional land and office space within the main building. Extensive auto parking is also available on-site. The asking rate is $3.50 per square foot, triple net (NNN), with estimated operating expenses of $2.75 per square foot. This is a rare opportunity to secure a well-located, functional warehouse space with significant expansion potential.

    Property Features for 2855 Franklin Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    320,219 SF
    Total Rate
    93397.21

    Unit(s) available at that property

    Space
    Size
    30,011 SF
    Rate per SF
    $3

    HighLights

    • 320,219 SF industrial warehouse building.
    • 30,011 SF unit available with drive‑in loading.
    • 12‑14' ceiling height.
    • I‑3 zoning.
    • Heavy power available.
    • Excellent access to I‑70 and I‑465.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blair Logistics Inc. Corporate Office Nakoma products LLC Corporate Office Shiro Technology LLC Warehouse Barrette DC Warehouse Can-Am Specialties Cabinet Maker

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0246314
    Latitude
    39.8089753

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    FAQs

    What type of property is this?
    Distribution property - 30,011 SF Warehouse; I-70 & I-465 Access
    Where is this distribution property located?
    The property is located at 2855 Franklin Rd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 320,219 SF industrial warehouse building.; 30,011 SF unit available with drive-in loading.; 12-14' ceiling height.
    Request Owner's contact information
    2855 Franklin Rd Indianapolis, IN 46219
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    Indianapolis, IN 46219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2855 Franklin Rd Indianapolis, IN 46219
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