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311 Shelby StIndianapolis, IN 46202

For Lease
$36,000/SF/YR

19+ Acres, Two Buildings, I-4 Zoning

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 19+ acre industrial property presents a rare opportunity in a prime I-4 zoned location. The site features two existing buildings totaling over 11,000 square feet, offering versatile space for various industrial uses. Building #1 comprises approximately 6,800 square feet, combining office and warehouse space, while Building #2 provides approximately 4,500 square feet of shop space. Both buildings are single-story structures with ceiling heights ranging from 15 to 18 feet. The property boasts four drive-in doors for convenient loading and unloading, and is equipped with 3-phase power. No elevators are present. The property is divisible, offering flexible leasing options. A 3.5-acre parcel or a 5.5-acre parcel (both fenced) are available for lease at $3,000 per acre per month, NNN. Alternatively, the entire rear 10 acres, encompassing both industrial buildings, can be leased for $50,000 per month, NNN. The landlord is open to negotiating building improvements on a case-by-case basis. This is an ideal location for businesses seeking substantial space and convenient access in a heavily industrially zoned area. The property is classified as Class D.

Highlights

  • 19+ acres of I-4 zoned industrial land for lease.
  • Two existing buildings totaling 11,000 square feet: Building #1 (6,800 SF office/warehouse) and Building #2 (4,500 SF shop space).
  • Available as a whole or in parcels: 3.5-acre or 5.5-acre lots, both fenced.
  • $3,000/acre/month NNN for smaller parcels; $50,000/month NNN for the 10-acre parcel with both buildings.
  • Landlord may consider tenant improvements.

Property Details for 311 Shelby St

Property type
Other land, Other industrial properties
RSF (Rentable sq. ft)
11,000 SF
Class
D
Buildings
2
Stories
1

Unit(s) available at that property

Space
Size
827,640 SF
Rate per SF
$36,000

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7613796
Longitude
-86.1366061
311 Shelby St, Indianapolis, Indiana

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Contacts

Ted McClure
Ted McClure
Visit Broker Website

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311 Shelby St, Indianapolis, Indiana, 46202

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311 Shelby St
  • Ted McClure
    Ted McClure
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