Keith Lynn Business Center | 2 Tenant NNN Leased Warehouse
2-Tenant NNN Industrial | Indianapolis MSA
Marketing description
LOCATION & CONNECTIVITY
- 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
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.
Investment highlights
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
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
