5739 Professional Cir Indianapolis, IN 46241-5016
This exceptional 64,519-square-foot Class B warehouse, located at 5739 Professional Circle in Indianapolis, Indiana, presents a significant opportunity. The property, built in 1967, features a single, one-story building with two suites totaling 64,519 square feet. Currently, 52,628 square feet are available, with a minimum divisible space of 19,800 square feet. The warehouse boasts convenient features including two loading docks and three drive-in doors, complemented by ample parking with 100 spaces. Recent improvements enhance its appeal, including a new roof, updated mechanical systems, energy-efficient exterior LED lighting, and upgraded security fencing. The property is zoned I-3 and its APN is 49-12-24-102-060.000-900. Strategically situated in the Park Fletcher/Stout Field neighborhood, it offers immediate access to I-465, providing easy commutes to downtown Indianapolis (7.5 miles) and the Indianapolis International Airport (also 7.5 miles). The location benefits from proximity to a variety of commercial businesses, retail options, hotels, and restaurants. This fully air-conditioned warehouse is ideal for businesses seeking efficient and well-maintained space in a prime Indianapolis location.
-
Nichols - Indianapolis Branch Distribution Center Logistics Company
-
Spectrum-Nichols Big Box & Wholesale Store Building Supply
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
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.