Graham Avenue Industrial — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46218
  • Submarket: East
  • Year built: 2001

Photos

Graham Avenue Industrial — Sale in Indianapolis, IN, photo 1 of 2
Graham Avenue Industrial — Sale in Indianapolis, IN, photo 2 of 2

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap presents Graham Avenue Industrial, a 21,000-square-foot industrial facility situated on 3.25 acres in Indianapolis, Indiana. Zoned I-2 with an IOS variance and a fenced, secured yard, the property provides flexibility for outdoor storage, vehicle and equipment staging, fleet operations, contractor uses, and potential future expansion. The facility features 20'8" clear height, three drive-in doors, and three-phase power, while its low-coverage site provides substantial outdoor operational capacity. Combining functional industrial improvements, excess land, IOS flexibility, and prominent highway visibility, Graham Avenue Industrial offers a versatile acquisition opportunity for owner-users, IOS operators, contractors, fleet-based businesses, and industrial investors. Its connectivity to Indianapolis’ broader transportation network further supports users seeking a strategically located facility with both warehouse functionality and outdoor operating space. Graham Avenue Industrial is positioned on Indianapolis’ east side within an established industrial environment, providing convenient access to I-70, the city’s primary east-west interstate corridor. I-70 connects the property to I-465, I-65, I-69, and I-74, creating efficient connectivity throughout Central Indiana and supporting local and regional distribution, contractor operations, light manufacturing, service businesses, and fleet-based users. The property’s infill Indianapolis location provides access to the metro’s customers, suppliers, employment centers, and broader transportation network, while I-465 connects the city’s principal interstate corridors. Indianapolis’ logistics infrastructure is further supported by Indianapolis International Airport, a major cargo facility and home to the second-largest FedEx Express operation, strengthening the region’s connectivity for industrial and distribution users. SURROUNDING INDUSTRIAL ENVIRONMENT Graham Avenue Industrial is positioned within Indian

Market Context

This industrial in Indianapolis, IN is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2001. Compare it against other industrial listings for sale in Indianapolis, 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).

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