For Sale
$998,800

2350 Executive DrIndianapolis city (balance), IN 46241

Indianapolis industrial warehouse, 7,900 SF

Overview

Added:
Dec 11, 2024
Days on market:
118
This 7,900-square-foot warehouse, located at 2350 Executive Drive in Indianapolis, Indiana, presents a compelling investment opportunity. Situated on a 1.8-acre lot within a popular industrial park in southwest Indianapolis, this property offers convenient access to I-70 and I-465, ensuring efficient transportation. The building, constructed in 1970 and boasting a complete roof replacement in 2021, features a 16-foot ceiling height, ample parking (26 spaces), and convenient loading options including one dock door (9' x 10'), and two grade-level drive-ins (12' x 12' and 9' x 10'). The interior comprises 5,000 square feet of warehouse space and 2,900 square feet of office space, currently configured with eight private offices and two restrooms. The office space is adaptable and could be removed to increase warehouse area. The property benefits from 400 amps, 240v, 3-phase power. Currently 100% occupied with a lease expiring July 10, 2024, this NNN-leased, single-tenant property is zoned I-1 and offers a strong return on investment. Its proximity to the airport and major distribution centers, such as the Amazon facility in Plainfield, further enhances its desirability. The asking price is $998,800, translating to $126.43 per square foot.

Highlights

  • 7,900 SF warehouse on 1.8-acre lot in southwest Indianapolis.
  • Excellent access to I-70 & I-465.
  • 16' ceiling height, 26 parking spaces, one dock high door (9'x10'), two drive-in doors.
  • 5,000 SF warehouse, 2,900 SF office space (adaptable).
  • 400 amp, 240v, 3-phase power; NNN lease expiring 7/10/24; I-1 zoning.
  • $998,800 asking price ($126.43/SF).

Property Details for 2350 Executive Dr

Property type
Warehouses, Industrial properties
Square Feet
7,900 SF
Year Built
1970
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Indianapolis city (balance)
County
Marion
State
Indiana
Latitude
39.732808619764
Longitude
-86.256325071789
2350 Executive Dr, Indianapolis city (balance), Indiana

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2350 Executive Dr
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