1504 Sadlier Circle South Drive Indianapolis, IN 46239 — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46239

Description

−Docks: (7) Exterior, (1) Interior −Drive-Ins: (1) 10’ x 12’ −16’ Clear Height −Columns: 30’W x 30’D −Sprinklers: Wet −Zoning: I-1-S −Auto: 51 Spaces −Electrical: 400 amps, 120/180 volts; 400 amps, 480 volts −Built 1971, Renovated 2018 −Acres: 4.14 Acres −Secure Electric Fence −Motion Sense LED Lighting −Available Racking −Flood Zone AE

Market Context

This industrial in Indianapolis, IN is listed for sale. It has been on the market for 195 days. Compare it against other industrial listings for sale in Indianapolis, IN — view the full market.

As of Q1 2026, the Indianapolis industrial market showed a 7.0% vacancy rate, average asking rents near $6.35/SF/yr, and cap rates around 6.1%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Indianapolis?
About 6.1% as of Q1 2026, per multiple brokerage reports.
Is the Indianapolis industrial market tightening or softening?
Vacancy is around 7.0% (Q1 2026).

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