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Office Warehouse

Keith Lynn Business Center

8641 E 30th St, Indianapolis, IN 46219

Listing Price: $5,323,000

Cap Rate
8.00%
Gross SF
63,731
Price/Gross SF
$83.52
Lot Size
4.26 acres
Year Built
1965
Rentable SF
63,731

Investment Overview

This offering presents the opportunity to acquire a 100 percent occupied, two-tenant industrial property in Indianapolis's established Warren Park Industrial Submarket. Fully triple net leased to two long-term tenants, the asset generates stable, passive income with minimal landlord responsibilities and built-in annual rent escalations.

Both leases are triple net — tenants are responsible for parking lot, snow/ice removal, roof maintenance, signage, trash, lawn, utilities, taxes, insurance, maintenance and repairs, management fee, and reserves. The landlord's sole obligation is roof and structure, subject to tenant reimbursement per lease.

Location and Connectivity
The property sits at the heart of the I-70 Logistics Corridor on Indianapolis's east side, offering direct access to three major interstates and proximity to some of the region's largest employers and logistics operations.

- Frontage on E. 30th Street (14,351 Vehicles per Day) with one mile to I-70 (100,744 vehicles per day)
- Direct access to I-465 (175,424 vehicles per day) and I-65 (127,065 vehicles per day)
- 25 minutes from Indianapolis International Airport — rated best in North America 13 consecutive years
- Corridor neighbors include Kraft Heinz, Adidas, Amazon, Walmart, TJ Maxx, Central Supply Co., Swift Air, and Planes Moving & Storage

Investment Highlights

  • 63,731-Square-Foot Gross Leasable Area on a 4.26-Acre Lot Zoned I2 (Industrial)
  • Built 1965, Extensively Renovated 2018 — Two Docks, Six Drive-In Doors of Various Sizes
  • Approximately 0.75 Acres (32,838 Square Feet) Fenced Outdoor Storage Yard — a Rare and Valuable Feature
  • 12–16 Foot Clear Height; 400A/240V Three-Phase Power; Monument Signage
  • Division Seven Completed a $15 Million Plus Capital Investment in State-of-the-Art Equipment and Motion-Activated LED Warehouse Lighting in 2024, Reinforcing Long-Term Commitment to the Site

Exclusively Listed By

Office Warehouse

Keith Lynn Business Center

Listing Price: $5,323,000

Cap Rate
8.00%
Gross SF
63,731
Price/Gross SF
$83.52
Lot Size
4.26 acres
Year Built
1965
Rentable SF
63,731

Investment Highlights

  • 63,731-Square-Foot Gross Leasable Area on a 4.26-Acre Lot Zoned I2 (Industrial)
  • Built 1965, Extensively Renovated 2018 — Two Docks, Six Drive-In Doors of Various Sizes
  • Approximately 0.75 Acres (32,838 Square Feet) Fenced Outdoor Storage Yard — a Rare and Valuable Feature
  • 12–16 Foot Clear Height; 400A/240V Three-Phase Power; Monument Signage
  • Division Seven Completed a $15 Million Plus Capital Investment in State-of-the-Art Equipment and Motion-Activated LED Warehouse Lighting in 2024, Reinforcing Long-Term Commitment to the Site

Investment Overview

This offering presents the opportunity to acquire a 100 percent occupied, two-tenant industrial property in Indianapolis's established Warren Park Industrial Submarket. Fully triple net leased to two long-term tenants, the asset generates stable, passive income with minimal landlord responsibilities and built-in annual rent escalations. Both leases are triple net — tenants are responsible for parking lot, snow/ice removal, roof maintenance, signage, trash, lawn, utilities, taxes, insurance, maintenance and repairs, management fee, and reserves. The landlord's sole obligation is roof and structure, subject to tenant reimbursement per lease. Location and Connectivity The property sits at the heart of the I-70 Logistics Corridor on Indianapolis's east side, offering direct access to three major interstates and proximity to some of the region's largest employers and logistics operations. - Frontage on E. 30th Street (14,351 Vehicles per Day) with one mile to I-70 (100,744 vehicles per day) - Direct access to I-465 (175,424 vehicles per day) and I-65 (127,065 vehicles per day) - 25 minutes from Indianapolis International Airport — rated best in North America 13 consecutive years - Corridor neighbors include Kraft Heinz, Adidas, Amazon, Walmart, TJ Maxx, Central Supply Co., Swift Air, and Planes Moving & Storage

Exclusively Listed By

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