Park Fletcher Building 20 | Suite 5501-5505 — Lease in Indianapolis, IN
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Indianapolis, IN 46241
Photos
Description
Industrial | For Sublease: 31,000 SF Space available in popular Park Fletcher Business Park on Indy's SW side. Key Facts Suite 5501-5505 | 31,000 SF: $7.00/SF NNN + $1.71/SF OpEx Sublease expiration: August 31, 2027
Market Context
This industrial in Indianapolis, IN is listed for lease. Compare it against other industrial listings for lease 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 space leases 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).
Estimated Market Rate
$0.46/SF/mo – $0.62/SF/mo
Mid: $0.54/SF/mo
Based on comparable properties in similar markets rather than local sales.
Contact
- Billy Powers · +1 317 713 2169
- Broker 2 · +1 317 697 9053
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