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8641 E 30th St
Indianapolis, IN 46219
Keith Lynn Business Center · Industrial Property For Sale
Investment Highlights
- 12–16 ft clear height; 400A/240V three-phase power; monument signage
- Built 1965, extensively renovated 2018 — two docks, six drive-in doors of various sizes
- 25 minutes from Indianapolis International Airport — rated best in North America 13 consecutive years
- Division 7 completed a $15M+ capital investment in state-of-the-art equipment and motion-activated LED warehouse lighting in 2024
- Direct access to I-465 (175,424 VPD) and I-65 (127,065 VPD)
Executive Summary
This offering presents the opportunity to acquire a 100% 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.
Property Highlights:
- 63,731 SF 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
- ±0.75 AC (32,838 SF) fenced outdoor storage yard — a rare and valuable feature
- 12–16 ft clear height; 400A/240V three-phase power; monument signage
- Division 7 completed a $15M+ capital investment in state-of-the-art equipment and motion-activated LED warehouse lighting in 2024, reinforcing long-term commitment to the site
Location & 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 VPD) with 1 mile to I-70 (100,744 VPD)
- Direct access to I-465 (175,424 VPD) and I-65 (127,065 VPD)
- 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
Property Highlights:
- 63,731 SF 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
- ±0.75 AC (32,838 SF) fenced outdoor storage yard — a rare and valuable feature
- 12–16 ft clear height; 400A/240V three-phase power; monument signage
- Division 7 completed a $15M+ capital investment in state-of-the-art equipment and motion-activated LED warehouse lighting in 2024, reinforcing long-term commitment to the site
Location & 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 VPD) with 1 mile to I-70 (100,744 VPD)
- Direct access to I-465 (175,424 VPD) and I-65 (127,065 VPD)
- 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
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built/Renovated | 1965/2018 |
| Property Type | Industrial | Parking Ratio | 0.47/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 4.26 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 63,731 SF | ||
| Zoning | I-2 - Light Industrial District | ||
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.26 AC |
| Rentable Building Area | 63,731 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2018 |
| Parking Ratio | 0.47/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-2 - Light Industrial District |
Amenities
- Bus Line
- Fenced Lot
- Security System
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 49-08-30-107-018.000-700 | Improvements Assessment | $1,162,000 |
| Land Assessment | $271,900 | Total Assessment | $1,433,900 |
Property Taxes
Parcel Number
49-08-30-107-018.000-700
Land Assessment
$271,900
Improvements Assessment
$1,162,000
Total Assessment
$1,433,900
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