Industrial in Indianapolis, IN — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46208

Description

40,000 SF Industrial Facility | Outside Storage Available 1337 W. 29th St. presents a centrally located industrial opportunity in Indianapolis, IN, offering 40,000 SF of renovated space ideally suited for manufacturing or industrial ventures. Located near downtown Indianapolis and major transportation arteries, the property offers exceptional accessibility and connectivity. Renovations, including a new roof, exterior paint, updated exterior and interior LED lighting, high-power electrical systems, and ample parking, make this a great solution for businesses seeking a strategically located facility. Additional features include outside storage and available trailer parking, enhancing the property’s versatility for a wide range of industrial uses.

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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