220 S Belmont Ave Indianapolis, IN 46222
For Lease
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This exceptional sublease opportunity presents ±10,790 square feet of warehouse and distribution space within a larger 48,930 square foot building situated on a 1.75-acre lot in Marion County. The property boasts a strategic location with phenomenal access to I-70, making it ideal for efficient logistics. The building features 14'3" ceilings, providing ample vertical space for storage, and includes four drive-through bays and nine grade-level doors (12' x 14'). The expansive lot is fully paved and lit, recently improved, and offers significant outdoor storage capacity, permitted under the I-4 zoning. Security features are comprehensive, including a fully secured perimeter with barbed wire and an electric fence, along with an on-site guard shack providing 24/7 surveillance. The property offers 350 total parking spaces and is a two-story building. This is a rare opportunity to secure a well-maintained facility with excellent security and ample outdoor storage in a prime location. The property is currently multi-tenant. Expand your business with this exceptional sublease opportunity.
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Outpost Parking Lot & Garage
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West Roofing & Supply LP Roofing Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.