3950 N SR 39 Lebanon — Sale in Lebanon, IN
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Lebanon, IN 46052
Photos
Description
Prime development opportunity positioned at the epicenter of Central Indiana's most transformative economic expansion. This strategically located property on State Road 39 offers unparalleled access to the LEAP Lebanon Innovation District, home to Eli Lilly's unprecedented $13+ billion investment and the region's explosive growth trajectory. Land Size: 6.75 Ac | Listing Type: FOR SALE
Market Context
This industrial in Lebanon, IN is listed for sale. Compare it against other industrial listings for sale in Lebanon, IN — view the full market.
As of Q2 2026, the Indianapolis industrial market showed a 6.0% vacancy rate, average asking rents near $6.37/SF/yr, and rents up 1.6% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Indianapolis industrial market tightening or softening?
- Vacancy is around 6.0%, with asking rents rising year over year (Q2 2026).
Contact
- John Merrill — Merrill Property Group · +13175903046 · john@merrillpropertygroup.com
- John Merrill · +13175903046 · john@merrillpropertygroup.com
Explore this market
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