221 Franklin Rd Indianapolis, IN 46219-7734
- Warehouses
- 768,000 SF
- 29.61 lot acres
Current Use by Public Records
- Hotline Freight Systems / Freight Forwarding Service
- Horner Toshiba Warehouse / Warehouse
- GXO / Logistics Service
- HF&W / Warehouse
- Sherwin-Williams Commercial Paint Store / Painting / Paintings Store
Property Details for 221 Franklin Rd
- Year built
- 1972
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 29.61 lot acres
- Property size
- 768,000 SF
- Zone code
- ZO03
- Property type
- Warehouses
- APN
- 49-09-07-115-001.000-700
- APU
- 490907115001000700
Description
This exceptional Indianapolis industrial property, located at 221 S Franklin Rd, 46219, offers a total of 204,800 square feet of versatile space, ideal for manufacturing, distribution, or warehousing. The property features two available suites: Suite 100 encompasses 128,000 square feet, including 4,550 square feet of office space, and boasts 14 loading docks and one drive-in door (12' x 14'). Suite 200 offers 76,800 square feet with build-to-suit office options and 5 loading docks. Both suites benefit from a generous 40' x 40' column spacing and impressive 24-25 foot clear ceiling heights. The building is equipped with an ESFR sprinkler system and heavy power. The property is zoned I-3 and serviced by all city utilities. Strategically located less than one mile from I-465, this property provides excellent access to major transportation routes. The entire space is available for lease at $4.25 per square foot, NNN, with estimated 2024 operating expenses of $1.69 per square foot. Cross street is E Washington Street. This is a multi-tenant property.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $715,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0204
- Latitude
- 39.7675
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
