Building 3 — Sale in Indianapolis, IN

  • Price: $2
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46226
  • Size: 171,371 SF

Description

Now available for lease or sale, located at 3120 N Post Rd Indianapolis, Indiana 46226. This 171,371 SF, 90’s vintage frozen and refrigerated production facility is almost entirely built to serve the food production / cold storage industry with over 60% temperature controlled space including specialized processing areas and refrigerated interior dock bays for the import and export of perishable goods. Owned and operated by a best-in-class frozen and refrigerated operator, the asset has been well-maintained with over $2M invested in the past two years, including significant building improvements (demolition of office, HVAC upgrades, utility separation, etc.) and external asphalt/concrete repairs. The site offers 23 designated trailer spaces and nearly 400 auto stalls, allowing high-volume frozen and refrigerated production 3PL users to hold trailer fleets and house a deep employee base. Please contact us for further information.

Market Context

This industrial in Indianapolis, IN is listed for sale at $2 across 171,371 SF. It has been on the market for 166 days. Compare it against other industrial listings for sale in Indianapolis, IN — view the full market.

As of Q1 2026, the Indianapolis industrial market showed a 7.0% vacancy rate, average asking rents near $6.35/SF/yr, and cap rates around 6.1%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Indianapolis?
About 6.1% as of Q1 2026, per multiple brokerage reports.
Is the Indianapolis industrial market tightening or softening?
Vacancy is around 7.0% (Q1 2026).

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