You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $6,410,000
Warehouses

7988 Centerpoint Dr Indianapolis, IN 46256-3377

136,741 SF 16.33 ac lot Built 1998
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0551593
Property summary
AI-generated overview

This exceptional sublease opportunity presents 25,013 square feet of versatile flex space ideally situated in Indianapolis, Indiana. Located within Crosspoint VIII, part of the prestigious Crosspoint Office Park, this property boasts a prime location just off I-69 and 106th Street, ensuring effortless commutes for employees and clients. The single-story building, constructed in 1988 and renovated in 1998, offers a blend of modern amenities and functional design within a Class B industrial setting. The space includes eight dock-high doors and one convenient drive-in door, facilitating efficient loading and unloading. The sublease term concludes on March 31, 2026. The larger building totals 298,263 square feet and is situated on the Nickle Plate Trail, offering nearby outdoor recreational opportunities. The property's location within the Crosspoint Office Park provides access to a range of amenities, while nearby shopping destinations like The Fashion Mall at Keystone and Castleton Square offer convenient retail options. The easy access to major highways, I-69 and I-465, makes commuting a breeze. This is a rare chance to secure a well-appointed flex space in a thriving business hub, offering a strategic advantage for businesses seeking a dynamic and accessible location. The property is part of a larger multi-tenant building in Hamilton County.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 136,741 SF
Lot 16.33 ac (711,335 SF)
APN 29-14-12-003-001.007-006
UPID US31-0551593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATC Associates Inc. Engineering Consultant Environmental Program
  • Roche Diagnostic Warehouse & Storage
  • Gibson Abrasive Equipment Industrial Manufacturer Production Facility
  • Atlas Technical Consultants Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.06M
Blend (final) Blend
$6.41M
Owner & transaction history
Lit Industrial · 19 yrs held
Lit Industrial
since 2006
2 recorded transactions
2025
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $10.2M +84.8%
Retail stores $10.2M +84.4%
Industrial (general) $8.5M +54.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7988 Centerpoint Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message