Skip to main content

Office Warehouse

5629 Professional Cir

5629 Professional Cir, Indianapolis, IN 46241

Listing Price: $4,100,000

Gross SF
64,858
Price/Gross SF
$63.22
Lot Size
3.53 acres
Year Built
1967
Rentable SF
64,858

Investment Overview

Marcus & Millichap is pleased to present the sale offering of 5739 Professional Cir, a value-add investment or owner-user industrial offering located in Indianapolis, Indiana. The property resides on the near southwest side of Indianapolis, and is located directly next to Indianapolis International Airport, with immediate access to I-465 and I-70, offering interstate access to the greater Indianapolis Area and the Midwest.

The subject property consists of 2 units, one of which could be divided into multiple units, totaling 64,858 square feet, with 48,876 square feet of warehouse space, and 15,982 square feet of office space. The property sits on 3.53 acres and was originally constructed in 1967, with multiple additions added on since it’s construction.

The property is currently partially occupied by one tenant, Tower Communications Expert, occupying 16.22% of the property, while 54,341 square feet of the property is currently vacant. Tower Communications Expert operates on a net lease at a rate of $5.89/SF NNN which expires at the end of April 2026, and the tenant is open to negotiating an extension or new lease.

The purchase of this offering presents an investor or owner-user with the opportunity to acquire a highly functional industrial/flex property with value-add upside that’s strategically located next to Indianapolis International Airport and major interstates, offering significant distribution access.

Investment Highlights

  • Value-add investment/owner-user industrial/flex offering
  • Strategic location | Immediate Access to I-465 & I-70
  • Located directly next to Indianapolis International Airport
  • Low basis – Priced well-below replacement cost
  • 20 Year roof warranty in place

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Office Warehouse

5629 Professional Cir

Listing Price: $4,100,000

Gross SF
64,858
Price/Gross SF
$63.22
Lot Size
3.53 acres
Year Built
1967
Rentable SF
64,858

Investment Highlights

  • Value-add investment/owner-user industrial/flex offering
  • Strategic location | Immediate Access to I-465 & I-70
  • Located directly next to Indianapolis International Airport
  • Low basis – Priced well-below replacement cost
  • 20 Year roof warranty in place

Investment Overview

Marcus & Millichap is pleased to present the sale offering of 5739 Professional Cir, a value-add investment or owner-user industrial offering located in Indianapolis, Indiana. The property resides on the near southwest side of Indianapolis, and is located directly next to Indianapolis International Airport, with immediate access to I-465 and I-70, offering interstate access to the greater Indianapolis Area and the Midwest. The subject property consists of 2 units, one of which could be divided into multiple units, totaling 64,858 square feet, with 48,876 square feet of warehouse space, and 15,982 square feet of office space. The property sits on 3.53 acres and was originally constructed in 1967, with multiple additions added on since it’s construction. The property is currently partially occupied by one tenant, Tower Communications Expert, occupying 16.22% of the property, while 54,341 square feet of the property is currently vacant. Tower Communications Expert operates on a net lease at a rate of $5.89/SF NNN which expires at the end of April 2026, and the tenant is open to negotiating an extension or new lease. The purchase of this offering presents an investor or owner-user with the opportunity to acquire a highly functional industrial/flex property with value-add upside that’s strategically located next to Indianapolis International Airport and major interstates, offering significant distribution access.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower